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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.



Seward, 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

Seward, NE Housing Market Trends

With a population of 7,663, 2,616 total housing units (homes and apartments), and a median house value of $312,388, Seward real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Seward, accounting for 69.83% of the city's housing units. Other types of housing that are prevalent in Seward include large apartment complexes or high rise apartments ( 14.89%), duplexes, homes converted to apartments or other small apartment buildings ( 8.36%), and a few row houses and other attached homes ( 5.58%).

The most prevalent building size and type in Seward are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 53.83% owning and 46.17% renting.

There is a lot of housing in Seward 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 Seward built between 1940-1969 ( 22.62%). A lesser amount of the housing stock also hails from before 1939 ( 18.35%). There's also some housing in Seward built between 2000 and later ( 18.21%).

Seward Home Appreciation Rates

Appreciation rates for homes in Seward have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 88.09%, which ranks in the top 50% nationwide. This equates to an annual average Seward house appreciation rate of 6.52%.

Appreciation rates are so strong in Seward that despite a nationwide downturn in the housing market, Seward real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Seward appreciation rates continue to be some of the highest in America, at 7.10%, which is higher than appreciation rates in 75.14% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Seward. Seward appreciation rates in the latest quarter were at -0.50%, which equates to an annual appreciation rate of -1.98%.

Relative to Nebraska, our data show that Seward's latest annual appreciation rate is higher than 90% of the other cities and towns in Nebraska.

Average Home Values

Median Home Value

$312,388

Seward, NE Home Prices
> $1,372,000
$1,029,001 - $1,372,000
$686,001 - $1,029,000
$549,001 - $686,000
$411,001 - $549,000
$274,001 - $411,000
$137,001 - $274,000
$69,001 - $137,000
$0 - $69,000
0.0%
0.0%
0.2%
0.2%
2.5%
2.5%
6.0%
6.0%
15.4%
15.4%
30.9%
30.9%
38.6%
38.6%
4.4%
4.4%
2.0%
2.0%
0% 100.0%
% of Homes
Very High

for Nebraska

High

for nation

Number of Homes And Apartments:

2,616

Seward Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,344 / per month

Homeownership Rate

Owners
Renters
53.8%
53.8%
46.2%
46.2%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
7.7%
7.7%
92.3%
92.3%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
18.2%
18.2%
40.8%
40.8%
22.6%
22.6%
18.3%
18.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
69.8%
69.8%
5.6%
5.6%
8.4%
8.4%
14.9%
14.9%
1.3%
1.3%
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
2.2%
2.2%
6.7%
6.7%
32.8%
32.8%
32.2%
32.2%
18.7%
18.7%
7.4%
7.4%
0% 100.0%
% of Homes

Popular Neighborhoods in Seward

Popular Communities Near Seward, NE

Zip Codes in Seward, NE