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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Blair, NE Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Blair, NE Housing Market Trends

With 7,962 people, 3,084 houses or apartments, and a median cost of homes of $318,751, Blair real estate is some of the most expensive in Nebraska, although Blair home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Blair, accounting for 71.53% of the city's housing units. Other types of housing that are prevalent in Blair include large apartment complexes or high rise apartments ( 17.01%), duplexes, homes converted to apartments or other small apartment buildings ( 6.94%), and a few mobile homes or trailers ( 2.79%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Blair. Owner-occupied housing accounts for 69.66% of Blair's homes, and 53.76% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Blair 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 Blair built before 1939 ( 27.20%). A lesser amount of the housing stock also hails from between 1940-1969 ( 19.07%). There's also some housing in Blair built between 2000 and later ( 15.22%).

Blair Home Appreciation Rates

Real estate appreciation rates in Blair's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.67% during the period.

Appreciation rates are so strong in Blair that despite a nationwide downturn in the housing market, Blair real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Blair appreciation rates continue to be some of the highest in America, at 7.03%, which is higher than appreciation rates in 74.99% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Blair. Blair appreciation rates in the latest quarter were at -1.16%, which equates to an annual appreciation rate of -4.54%.

Notably, Blair's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

Median Home Value

$318,751

Blair, NE Home Prices
> $1,549,000
$1,162,001 - $1,549,000
$775,001 - $1,162,000
$620,001 - $775,000
$465,001 - $620,000
$310,001 - $465,000
$155,001 - $310,000
$78,001 - $155,000
$0 - $78,000
0.0%
0.0%
0.0%
0.0%
3.2%
3.2%
4.3%
4.3%
13.0%
13.0%
31.9%
31.9%
36.4%
36.4%
4.8%
4.8%
6.3%
6.3%
0% 100.0%
% of Homes
Very High

for Nebraska

High

for nation

Number of Homes And Apartments:

3,084

Blair Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,351 / per month

Homeownership Rate

Owners
Renters
69.7%
69.7%
30.3%
30.3%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
6.5%
6.5%
93.5%
93.5%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
15.2%
15.2%
38.5%
38.5%
19.1%
19.1%
27.2%
27.2%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
71.5%
71.5%
1.7%
1.7%
6.9%
6.9%
17.0%
17.0%
2.8%
2.8%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.6%
0.6%
6.5%
6.5%
31.7%
31.7%
37.2%
37.2%
16.6%
16.6%
7.5%
7.5%
0% 100.0%
% of Homes

Popular Neighborhoods in Blair

Zip Codes in Blair, NE