Valentine, NE
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Valentine Neighborhoods Since 2000




Valentine, NE Real Estate Data


Valentine Housing Market Information

With a population of 2,836, 1,253 total housing units (homes and apartments), and a median house value of $138,929, house prices in Valentine are solidly below the national average.

Single-family detached homes are the single most common housing type in Valentine, accounting for 75.62% of the city's housing units. Other types of housing that are prevalent in Valentine include large apartment complexes or high rise apartments ( 11.76%), duplexes, homes converted to apartments or other small apartment buildings ( 7.56%), and a few row houses and other attached homes ( 2.78%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Valentine. Owner-occupied housing accounts for 69.12% of Valentine's homes, and 48.54% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Valentine 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 Valentine built between 1940-1969 ( 34.35%). A lesser amount of the housing stock also hails from before 1939 ( 24.09%). There's also some housing in Valentine built between 2000 and later ( 7.06%).

Vacant housing appears to be an issue in Valentine. Fully 10.69% of the housing stock is classified as vacant. Left unchecked, vacant Valentine homes and apartments can be a drag on the real estate market, holding Valentine real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Valentine Home Appreciation Rates

In the last 10 years, Valentine has experienced some of the highest home appreciation rates of any community in the nation. Valentine real estate appreciated 37.43% over the last ten years, which is an average annual home appreciation rate of 3.23%, putting Valentine in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Valentine 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 Valentine that despite a nationwide downturn in the housing market, Valentine real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Valentine appreciation rates continue to be some of the highest in America, at 5.75%, which is higher than appreciation rates in 70.67% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Valentine. Valentine appreciation rates in the latest quarter were at 1.93%, which equates to an annual appreciation rate of 7.96%.

Relative to Nebraska, our data show that Valentine's latest annual appreciation rate is higher than 80% of the other cities and towns in Nebraska.

Average Home Values

 

Median Home Value:
$138,929

Valentine, NE HOME PRICES

Value Range
> $1,250,000 0.0
$937,001 - $1,250,000 1.9
$625,001 - $937,000 0.0
$500,001 - $625,000 3.3
$375,001 - $500,000 4.0
$250,001 - $375,000 8.1
$125,001 - $250,000 31.0
$63,001 - $125,000 32.7
$0 - $63,000 18.9

High for NE
Average for Nation

Value Relative to Nation Value Relative to State
56.2569537975054 35.8974358974359

Number Of Homes And Apartments:
1,253

Rent & Ownership

 

Average Market Rent:
$767 / per month

Homeownership Rate

Homeownership
Owners 69.12
Renters 30.88
Vacant 10.69

Housing Market Details

 

Age of Homes

AGE OF Valentine HOMES
2000 or Newer 7.1
1970 - 1999 34.5
1940 - 1969 34.4
1939 or Older 24.1

Types of Homes

TYPE OF Valentine HOMES
Single-Family 75.6
Townhomes 2.8
Small Apt. Buildings 7.6
Apt. Complexes 11.8
Mobile Homes 2.3
Other 0.0

Home Size

SIZE OF Valentine HOMES
No Bedroom 0.71
1 Bedroom 19.03
2 Bedrooms 26.94
3 Bedrooms 33.00
4 Bedrooms 15.54
5 or more bedrooms 4.78

Valentine 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
64.39% 2.97% 6 8
* 10 is highest

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Zip Codes in Valentine, NE