Sidney, NE
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Sidney, NE Real Estate Data


Sidney Housing Market Information

With a population of 6,942, 3,064 total housing units (homes and apartments), and a median house value of $147,401, Sidney 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 Sidney, accounting for 72.64% of the city's housing units. Other types of housing that are prevalent in Sidney include duplexes, homes converted to apartments or other small apartment buildings ( 11.37%), large apartment complexes or high rise apartments ( 10.62%), and a few row houses and other attached homes ( 3.82%).

The most prevalent building size and type in Sidney are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 60.94% owning and 39.06% renting.

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. Sidney's housing was primarily built during this period, from the '40s through the '60s. A full 45.26% of the city's housing hails from this era. Other housing ages represented in Sidney include homes built between 1970-1999 ( 24.88%) and housing constructed before 1939 ( 18.38%). There's also some housing in Sidney built between 2000 and later ( 11.49%).

Sidney Home Appreciation Rates

In the last 10 years, Sidney has experienced some of the highest home appreciation rates of any community in the nation. Sidney real estate appreciated 33.42% over the last ten years, which is an average annual home appreciation rate of 2.93%, putting Sidney in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Sidney definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Sidney's appreciation rate, at 4.90%, has been at or slightly above the national average. In the latest quarter, Sidney's appreciation rate has been 1.93%, which annualizes to a rate of 7.96%.

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

Average Home Values

 

Median Home Value:
$147,401

Sidney, NE HOME PRICES

Value Range
> $1,217,000 0.0
$913,001 - $1,217,000 0.0
$609,001 - $913,000 1.1
$487,001 - $609,000 1.1
$365,001 - $487,000 3.6
$244,001 - $365,000 9.0
$122,001 - $244,000 45.9
$61,001 - $122,000 31.7
$0 - $61,000 7.8

High for NE
Average for Nation

Value Relative to Nation Value Relative to State
52.099314867951 29.7435897435897

Number Of Homes And Apartments:
3,064

Rent & Ownership

 

Average Market Rent:
$776 / per month

Homeownership Rate

Homeownership
Owners 60.94
Renters 39.06
Vacant 8.59

Housing Market Details

 

Age of Homes

AGE OF Sidney HOMES
2000 or Newer 11.5
1970 - 1999 24.9
1940 - 1969 45.3
1939 or Older 18.4

Types of Homes

TYPE OF Sidney HOMES
Single-Family 72.6
Townhomes 3.8
Small Apt. Buildings 11.4
Apt. Complexes 10.6
Mobile Homes 1.6
Other 0.0

Home Size

SIZE OF Sidney HOMES
No Bedroom 0.00
1 Bedroom 13.96
2 Bedrooms 30.97
3 Bedrooms 29.74
4 Bedrooms 19.00
5 or more bedrooms 6.32

Sidney 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
74.35% 3.32% 8 9
* 10 is highest

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