Schuyler, NE
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Schuyler, 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

Schuyler Housing Market Information

With 6,171 people, 1,844 houses or apartments, and a median cost of homes of $92,413, house prices in Schuyler are solidly below the national average.

Single-family detached homes are the single most common housing type in Schuyler, accounting for 78.05% of the city's housing units. Other types of housing that are prevalent in Schuyler include mobile homes or trailers ( 6.97%), large apartment complexes or high rise apartments ( 6.92%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.97%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Schuyler. Owner-occupied housing accounts for 67.29% of Schuyler's homes, and 53.69% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Schuyler 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 Schuyler built before 1939 ( 26.77%). A lesser amount of the housing stock also hails from between 1940-1969 ( 26.00%). There's also some housing in Schuyler built between 2000 and later ( 4.31%).

Schuyler Home Appreciation Rates

Appreciation rates for homes in Schuyler have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.77%, which ranks in the top 50% nationwide. This equates to an annual average Schuyler house appreciation rate of 0.37%.

Appreciation rates are so strong in Schuyler that despite a nationwide downturn in the housing market, Schuyler real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Schuyler appreciation rates continue to be some of the highest in America, at 6.28%, which is higher than appreciation rates in 76.34% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Schuyler. Schuyler 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 Schuyler's latest annual appreciation rate is higher than 70% of the other cities and towns in Nebraska.

Average Home Values

 

Median Home Value:
$92,413

Schuyler, NE HOME PRICES

Value Range
> $1,062,000 0.0
$797,001 - $1,062,000 0.0
$531,001 - $797,000 0.0
$425,001 - $531,000 0.5
$319,001 - $425,000 0.0
$212,001 - $319,000 2.1
$106,001 - $212,000 37.5
$53,001 - $106,000 41.6
$0 - $53,000 18.3

Low for NE
Very Low for Nation

Value Relative to Nation Value Relative to State
82.4504863471229 75.8974358974359

Number Of Homes And Apartments:
1,844

Schuyler 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
30.95% 1.58% 1 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$783 / per month

Homeownership Rate

Homeownership
Owners 67.29
Renters 32.71
Vacant 5.44

Housing Market Details

 

Age of Homes

AGE OF Schuyler HOMES
2000 or Newer 4.3
1970 - 1999 42.9
1940 - 1969 26.0
1939 or Older 26.8

Types of Homes

TYPE OF Schuyler HOMES
Single-Family 78.1
Townhomes 3.1
Small Apt. Buildings 5.0
Apt. Complexes 6.9
Mobile Homes 7.0
Other 0.0

Home Size

SIZE OF Schuyler HOMES
No Bedroom 0.00
1 Bedroom 6.92
2 Bedrooms 34.82
3 Bedrooms 39.28
4 Bedrooms 14.41
5 or more bedrooms 4.56

Popular Neighborhoods in Schuyler

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Zip Codes in Schuyler, NE