Nebraska City, NE
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Nebraska City Neighborhoods Since 2000




Nebraska City, 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

Nebraska City Housing Market Information

With a population of 7,335, 3,063 total housing units (homes and apartments), and a median house value of $125,740, house prices in Nebraska City are solidly below the national average.

Single-family detached homes are the single most common housing type in Nebraska City, accounting for 79.11% of the city's housing units. Other types of housing that are prevalent in Nebraska City include large apartment complexes or high rise apartments ( 10.62%), duplexes, homes converted to apartments or other small apartment buildings ( 6.28%), and a few mobile homes or trailers ( 2.99%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Nebraska City. Owner-occupied housing accounts for 65.85% of Nebraska City's homes, and 55.30% 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. Nebraska City's housing was primarily built during this period, from the '40s through the '60s. A full 36.28% of the city's housing hails from this era. Other housing ages represented in Nebraska City include homes built before 1939 ( 31.66%) and housing constructed between 1970-1999 ( 24.30%). There's also some housing in Nebraska City built between 2000 and later ( 7.76%).

Nebraska City Home Appreciation Rates

Appreciation rates for homes in Nebraska City have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 12.96%, which ranks in the top 30% nationwide. This equates to an annual average Nebraska City house appreciation rate of 1.23%.

Appreciation rates are so strong in Nebraska City that despite a nationwide downturn in the housing market, Nebraska City real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Nebraska City appreciation rates continue to be some of the highest in America, at 5.74%, which is higher than appreciation rates in 71.82% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Nebraska City. Nebraska City appreciation rates in the latest quarter were at 0.99%, which equates to an annual appreciation rate of 4.02%.

Relative to Nebraska, our data show that Nebraska City's latest annual appreciation rate is higher than 50% of the other cities and towns in Nebraska.

Average Home Values

 

Median Home Value:
$125,740

Nebraska City, NE HOME PRICES

Value Range
> $1,135,000 0.0
$852,001 - $1,135,000 0.3
$567,001 - $852,000 0.0
$454,001 - $567,000 0.0
$341,001 - $454,000 1.8
$227,001 - $341,000 10.3
$114,001 - $227,000 36.8
$57,001 - $114,000 38.0
$0 - $57,000 12.8

Average for NE
Low for Nation

Value Relative to Nation Value Relative to State
62.1586780733622 44.6153846153846

Number Of Homes And Apartments:
3,063

Nebraska City 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
33.47% 1.69% 1 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$838 / per month

Homeownership Rate

Homeownership
Owners 65.85
Renters 34.15
Vacant 7.55

Housing Market Details

 

Age of Homes

AGE OF Nebraska City HOMES
2000 or Newer 7.8
1970 - 1999 24.3
1940 - 1969 36.3
1939 or Older 31.7

Types of Homes

TYPE OF Nebraska City HOMES
Single-Family 79.1
Townhomes 1.0
Small Apt. Buildings 6.3
Apt. Complexes 10.6
Mobile Homes 3.0
Other 0.0

Home Size

SIZE OF Nebraska City HOMES
No Bedroom 0.88
1 Bedroom 11.23
2 Bedrooms 28.83
3 Bedrooms 42.68
4 Bedrooms 12.62
5 or more bedrooms 3.77

Popular Neighborhoods in Nebraska City

Popular Communities Near Nebraska City, NE

Zip Codes in Nebraska City, NE