Holdrege, NE
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Holdrege, 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

Holdrege Housing Market Information

With a population of 5,561, 2,318 total housing units (homes and apartments), and a median house value of $145,458, Holdrege 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 Holdrege, accounting for 79.65% of the city's housing units. Other types of housing that are prevalent in Holdrege include large apartment complexes or high rise apartments ( 8.01%), mobile homes or trailers ( 5.70%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.88%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Holdrege. Owner-occupied housing accounts for 68.23% of Holdrege's homes, and 50.80% have either three or four bedrooms, which is average sized relative to America.

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. Holdrege's housing was primarily built during this period, from the '40s through the '60s. A full 39.10% of the city's housing hails from this era. Other housing ages represented in Holdrege include homes built before 1939 ( 33.66%) and housing constructed between 1970-1999 ( 23.41%). There's also some housing in Holdrege built between 2000 and later ( 3.84%).

Vacant housing appears to be an issue in Holdrege. Fully 13.60% of the housing stock is classified as vacant. Left unchecked, vacant Holdrege homes and apartments can be a drag on the real estate market, holding Holdrege real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Holdrege Home Appreciation Rates

In the last 10 years, Holdrege has experienced some of the highest home appreciation rates of any community in the nation. Holdrege real estate appreciated 31.18% over the last ten years, which is an average annual home appreciation rate of 2.75%, putting Holdrege in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Holdrege definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Holdrege's appreciation rate, at 4.94%, has been at or slightly above the national average. In the latest quarter, Holdrege's appreciation rate has been 0.99%, which annualizes to a rate of 4.02%.

Relative to Nebraska, our data show that Holdrege's latest annual appreciation rate is lower than 70% of the other cities and towns in Nebraska.

Average Home Values

 

Median Home Value:
$145,458

Holdrege, NE HOME PRICES

Value Range
> $1,131,000 0.5
$848,001 - $1,131,000 0.0
$566,001 - $848,000 0.7
$452,001 - $566,000 0.0
$339,001 - $452,000 2.1
$226,001 - $339,000 13.4
$113,001 - $226,000 34.8
$57,001 - $113,000 40.2
$0 - $57,000 8.3

High for NE
Average for Nation

Value Relative to Nation Value Relative to State
51.9336692839564 30.2564102564103

Number Of Homes And Apartments:
2,318

Holdrege 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
53.09% 2.50% 4 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$694 / per month

Homeownership Rate

Homeownership
Owners 68.23
Renters 31.77
Vacant 13.60

Housing Market Details

 

Age of Homes

AGE OF Holdrege HOMES
2000 or Newer 3.8
1970 - 1999 23.4
1940 - 1969 39.1
1939 or Older 33.7

Types of Homes

TYPE OF Holdrege HOMES
Single-Family 79.6
Townhomes 1.8
Small Apt. Buildings 4.9
Apt. Complexes 8.0
Mobile Homes 5.7
Other 0.0

Home Size

SIZE OF Holdrege HOMES
No Bedroom 2.31
1 Bedroom 9.13
2 Bedrooms 33.32
3 Bedrooms 30.79
4 Bedrooms 20.01
5 or more bedrooms 4.44

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Zip Codes in Holdrege, NE