Seward, NE
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Seward Neighborhoods Since 2000




Seward, 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

Seward Housing Market Information

With a population of 7,167, 2,573 total housing units (homes and apartments), and a median house value of $174,645, Seward real estate is some of the most expensive in Nebraska, although Seward home values aren't among America's most expensive.

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 ( 13.94%), duplexes, homes converted to apartments or other small apartment buildings ( 8.37%), and a few row houses and other attached homes ( 5.09%).

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 56.17% owning and 43.83% 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 ( 23.76%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.76%). There's also some housing in Seward built before 1939 ( 17.72%).

Seward Home Appreciation Rates

In the last 10 years, Seward has experienced some of the highest home appreciation rates of any community in the nation. Seward real estate appreciated 18.42% over the last ten years, which is an average annual home appreciation rate of 1.71%, putting Seward in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Seward definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

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 6.46%, which is higher than appreciation rates in 77.59% 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 0.36%, which equates to an annual appreciation rate of 1.44%.

Relative to Nebraska, our data show that Seward's latest annual appreciation rate is higher than 70% of the other cities and towns in Nebraska.

Average Home Values

 

Median Home Value:
$174,645

Seward, NE HOME PRICES

Value Range
> $1,148,000 0.0
$861,001 - $1,148,000 0.0
$574,001 - $861,000 0.4
$459,001 - $574,000 0.4
$344,001 - $459,000 3.7
$230,001 - $344,000 16.8
$115,001 - $230,000 58.5
$57,001 - $115,000 16.3
$0 - $57,000 3.9

Very High for NE
Average for Nation

Value Relative to Nation Value Relative to State
40.0035157623345 13.3333333333333

Number Of Homes And Apartments:
2,573

Seward 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
40.58% 1.99% 2 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$907 / per month

Homeownership Rate

Homeownership
Owners 56.17
Renters 43.83
Vacant 6.37

Housing Market Details

 

Age of Homes

AGE OF Seward HOMES
2000 or Newer 17.8
1970 - 1999 40.8
1940 - 1969 23.8
1939 or Older 17.7

Types of Homes

TYPE OF Seward HOMES
Single-Family 69.8
Townhomes 5.1
Small Apt. Buildings 8.4
Apt. Complexes 13.9
Mobile Homes 2.8
Other 0.0

Home Size

SIZE OF Seward HOMES
No Bedroom 0.98
1 Bedroom 8.55
2 Bedrooms 31.99
3 Bedrooms 31.70
4 Bedrooms 18.49
5 or more bedrooms 8.30

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Zip Codes in Seward, NE