menu
Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Scottsbluff, NE Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Scottsbluff, NE Housing Market Trends

With 14,283 people, 6,159 houses or apartments, and a median cost of homes of $163,500, house prices in Scottsbluff are solidly below the national average.

Single-family detached homes are the single most common housing type in Scottsbluff, accounting for 66.55% of the city's housing units. Other types of housing that are prevalent in Scottsbluff include large apartment complexes or high rise apartments ( 14.59%), duplexes, homes converted to apartments or other small apartment buildings ( 10.69%), and a few mobile homes or trailers ( 4.68%).

People in Scottsbluff primarily live in small (one, two or no bedroom) single-family detached homes. Scottsbluff has a mixture of owner-occupied and renter-occupied housing.

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. Scottsbluff's housing was primarily built during this period, from the '40s through the '60s. A full 38.53% of the city's housing hails from this era. Other housing ages represented in Scottsbluff include homes built between 1970-1999 ( 34.88%) and housing constructed before 1939 ( 17.90%). There's also some housing in Scottsbluff built between 2000 and later ( 8.69%).

Scottsbluff Home Appreciation Rates

Scottsbluff's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Scottsbluff during the period has been just 4.15%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Scottsbluff's appreciation rate, at 5.28%, has been at or slightly above the national average. In the latest quarter, Scottsbluff's appreciation rate has been 0.71%, which annualizes to a rate of 2.88%.

Relative to Nebraska, our data show that Scottsbluff's latest annual appreciation rate is lower than 60% 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 Scottsbluff differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Scottsbluff - 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 Scottsbluff real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$163,500

Scottsbluff, NE Home Prices
> $1,265,000
$949,001 - $1,265,000
$632,001 - $949,000
$506,001 - $632,000
$380,001 - $506,000
$253,001 - $380,000
$126,001 - $253,000
$63,001 - $126,000
$0 - $63,000
0.7%
0.7%
0.6%
0.6%
0.6%
0.6%
2.0%
2.0%
6.7%
6.7%
18.0%
18.0%
34.9%
34.9%
23.4%
23.4%
13.1%
13.1%
0% 100.0%
% of Homes
Low

for Nebraska

Very Low

for nation

Number of Homes And Apartments:

6,159

Scottsbluff Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,259 / per month

Homeownership Rate

Owners
Renters
52.8%
52.8%
47.2%
47.2%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
7.4%
7.4%
92.6%
92.6%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
8.7%
8.7%
34.9%
34.9%
38.5%
38.5%
17.9%
17.9%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
66.6%
66.6%
3.5%
3.5%
10.7%
10.7%
14.6%
14.6%
4.7%
4.7%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
3.7%
3.7%
9.1%
9.1%
36.6%
36.6%
29.8%
29.8%
14.8%
14.8%
6.0%
6.0%
0% 100.0%
% of Homes

Zip Codes in Scottsbluff, NE