Ralston, NE
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Ralston, NE Real Estate Data


Ralston Housing Market Information

With a population of 5,994, 2,945 total housing units (homes and apartments), and a median house value of $148,167, Ralston 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 Ralston, accounting for 68.75% of the city's housing units. Other types of housing that are prevalent in Ralston include large apartment complexes or high rise apartments ( 25.34%), duplexes, homes converted to apartments or other small apartment buildings ( 2.63%), and a few row houses and other attached homes ( 2.50%).

The most prevalent building size and type in Ralston are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 64.64% owning and 35.36% renting.

There is a lot of housing in Ralston 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 Ralston built between 1940-1969 ( 37.15%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.21%). There's also some housing in Ralston built before 1939 ( 7.45%).

Ralston Home Appreciation Rates

Appreciation rates for homes in Ralston have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 9.41%, which ranks in the top 40% nationwide. This equates to an annual average Ralston house appreciation rate of 0.90%.

NeighborhoodScout's data show that during the latest twelve months, Ralston's appreciation rate, at 5.31%, has been at or slightly above the national average. In the latest quarter, Ralston's appreciation rate has been 1.93%, which annualizes to a rate of 7.95%.

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

Average Home Values

 

Median Home Value:
$148,167

Ralston, NE HOME PRICES

Value Range
> $1,145,000 0.0
$858,001 - $1,145,000 0.0
$572,001 - $858,000 0.0
$458,001 - $572,000 0.4
$344,001 - $458,000 0.4
$229,001 - $344,000 5.0
$115,001 - $229,000 73.6
$57,001 - $115,000 15.3
$0 - $57,000 5.3

High for NE
Average for Nation

Value Relative to Nation Value Relative to State
51.6776951455174 28.7179487179487

Number Of Homes And Apartments:
2,945

Rent & Ownership

 

Average Market Rent:
$930 / per month

Homeownership Rate

Homeownership
Owners 64.64
Renters 35.36
Vacant 5.43

Housing Market Details

 

Age of Homes

AGE OF Ralston HOMES
2000 or Newer 11.2
1970 - 1999 44.2
1940 - 1969 37.2
1939 or Older 7.5

Types of Homes

TYPE OF Ralston HOMES
Single-Family 68.8
Townhomes 2.5
Small Apt. Buildings 2.6
Apt. Complexes 25.3
Mobile Homes 0.8
Other 0.0

Home Size

SIZE OF Ralston HOMES
No Bedroom 3.34
1 Bedroom 13.07
2 Bedrooms 26.81
3 Bedrooms 45.76
4 Bedrooms 9.60
5 or more bedrooms 1.41

Ralston Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NE*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
32.82% 1.68% 1 4
* 10 is highest