Alliance, NE
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Alliance, NE Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Alliance Housing Market Information

With a population of 8,522, 3,630 total housing units (homes and apartments), and a median house value of $150,263, Alliance real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Alliance, accounting for 63.46% of the city's housing units. Other types of housing that are prevalent in Alliance include large apartment complexes or high rise apartments ( 21.88%), mobile homes or trailers ( 8.41%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.33%).

People in Alliance primarily live in small (one, two or no bedroom) single-family detached homes. Alliance has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Alliance built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Alliance built between 1940-1969 ( 27.97%). A lesser amount of the housing stock also hails from before 1939 ( 23.99%). There's also some housing in Alliance built between 2000 and later ( 2.46%).

Alliance Home Appreciation Rates

In the last 10 years, Alliance has experienced some of the highest home appreciation rates of any community in the nation. Alliance real estate appreciated 29.11% over the last ten years, which is an average annual home appreciation rate of 2.59%, putting Alliance in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Alliance definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Alliance appreciation rates have trailed the rest of the nation. In the last twelve months, Alliance's appreciation rate has been 0.50%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Alliance were at 0.99%, which equates to an annual appreciation rate of 4.02%.

Relative to Nebraska, our data show that Alliance's latest annual appreciation rate is lower than 90% of the other cities and towns in Nebraska.

Average Home Values

 

Median Home Value:
$150,263

Alliance, NE HOME PRICES

Value Range
> $1,173,000 0.0
$880,001 - $1,173,000 0.0
$586,001 - $880,000 0.0
$469,001 - $586,000 1.0
$352,001 - $469,000 1.4
$235,001 - $352,000 7.4
$117,001 - $235,000 35.8
$58,001 - $117,000 35.7
$0 - $58,000 18.7

High for NE
Average for Nation

Value Relative to Nation Value Relative to State
49.9179655455291 25.6410256410256

Number Of Homes And Apartments:
3,630

Alliance Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NE*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
50.12% 2.38% 3 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$717 / per month

Homeownership Rate

Homeownership
Owners 60.49
Renters 39.51
Vacant 9.66

Housing Market Details

 

Age of Homes

AGE OF Alliance HOMES
2000 or Newer 2.5
1970 - 1999 45.6
1940 - 1969 28.0
1939 or Older 24.0

Types of Homes

TYPE OF Alliance HOMES
Single-Family 63.5
Townhomes 1.8
Small Apt. Buildings 4.3
Apt. Complexes 21.9
Mobile Homes 8.4
Other 0.1

Home Size

SIZE OF Alliance HOMES
No Bedroom 0.87
1 Bedroom 11.10
2 Bedrooms 36.71
3 Bedrooms 30.41
4 Bedrooms 17.60
5 or more bedrooms 3.31

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Zip Codes in Alliance, NE