Fremont, NE
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Fremont Neighborhoods Since 2000




Fremont, 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

Fremont Housing Market Information

With 26,474 people, 10,641 houses or apartments, and a median cost of homes of $115,998, house prices in Fremont are solidly below the national average.

Single-family detached homes are the single most common housing type in Fremont, accounting for 71.14% of the city's housing units. Other types of housing that are prevalent in Fremont include large apartment complexes or high rise apartments ( 14.17%), row houses and other attached homes ( 5.87%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.29%).

The most prevalent building size and type in Fremont are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.22% owning and 40.78% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Fremont's housing was primarily built during this period, from the '40s through the '60s. A full 39.52% of the city's housing hails from this era. Other housing ages represented in Fremont include homes built between 1970-1999 ( 29.51%) and housing constructed before 1939 ( 21.98%). There's also some housing in Fremont built between 2000 and later ( 8.99%).

Fremont Home Appreciation Rates

Appreciation rates for homes in Fremont have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 7.99%, which ranks in the top 40% nationwide. This equates to an annual average Fremont house appreciation rate of 0.77%.

NeighborhoodScout's data show that during the latest twelve months, Fremont's appreciation rate, at 4.60%, has been at or slightly above the national average. In the latest quarter, Fremont's appreciation rate has been 0.99%, which annualizes to a rate of 4.02%.

Relative to Nebraska, our data show that Fremont's latest annual appreciation rate is lower than 80% of the other cities and towns in Nebraska.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Fremont differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Fremont - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Fremont real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$115,998

Fremont, NE HOME PRICES

Value Range
> $1,106,000 0.1
$829,001 - $1,106,000 0.1
$553,001 - $829,000 0.8
$442,001 - $553,000 0.3
$332,001 - $442,000 3.2
$221,001 - $332,000 9.2
$111,001 - $221,000 45.9
$55,001 - $111,000 30.6
$0 - $55,000 9.8

Average for NE
Low for Nation

Value Relative to Nation Value Relative to State
67.7311613734912 55.8974358974359

Number Of Homes And Apartments:
10,641

Fremont 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
26.87% 1.39% 1 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$887 / per month

Homeownership Rate

Homeownership
Owners 59.22
Renters 40.78
Vacant 5.61

Housing Market Details

 

Age of Homes

AGE OF Fremont HOMES
2000 or Newer 9.0
1970 - 1999 29.5
1940 - 1969 39.5
1939 or Older 22.0

Types of Homes

TYPE OF Fremont HOMES
Single-Family 71.1
Townhomes 5.9
Small Apt. Buildings 5.3
Apt. Complexes 14.2
Mobile Homes 3.5
Other 0.0

Home Size

SIZE OF Fremont HOMES
No Bedroom 0.93
1 Bedroom 8.43
2 Bedrooms 35.32
3 Bedrooms 34.96
4 Bedrooms 16.56
5 or more bedrooms 3.81