Valentine, NE


Highest Appreciating Valentine Neighborhoods Since 2000

Valentine, 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

Valentine Housing Market Information

With a population of 2,836, 1,323 total housing units (homes and apartments), and a median house value of $139,929, Valentine 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 Valentine, accounting for 74.30% of the city's housing units. Other types of housing that are prevalent in Valentine include large apartment complexes or high rise apartments ( 11.05%), duplexes, homes converted to apartments or other small apartment buildings ( 9.25%), and a few row houses and other attached homes ( 2.80%).

People in Valentine primarily live in small (one, two or no bedroom) single-family detached homes. Valentine 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. Valentine's housing was primarily built during this period, from the '40s through the '60s. A full 38.75% of the city's housing hails from this era. Other housing ages represented in Valentine include homes built between 1970-1999 ( 28.56%) and housing constructed before 1939 ( 24.03%). There's also some housing in Valentine built between 2000 and later ( 8.66%).

Vacant housing appears to be an issue in Valentine. Fully 11.92% 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 39.42% over the last ten years, which is an average annual home appreciation rate of 3.38%, 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.

NeighborhoodScout's data show that during the latest twelve months, Valentine's appreciation rate, at 5.52%, has been at or slightly above the national average. In the latest quarter, Valentine's appreciation rate has been 0.99%, which annualizes to a rate of 4.02%.

Relative to Nebraska, our data show that Valentine's latest annual appreciation rate is lower than 50% of the other cities and towns in Nebraska.

Average Home Values


Median Home Value:


Value Range
> $1,157,000 0.0
$868,001 - $1,157,000 1.7
$579,001 - $868,000 0.0
$463,001 - $579,000 2.8
$347,001 - $463,000 3.5
$232,001 - $347,000 10.5
$116,001 - $232,000 35.8
$58,001 - $116,000 29.9
$0 - $58,000 15.9

High for NE
Average for Nation

Value Relative to Nation Value Relative to State
54.7755771709832 33.8461538461538

Number Of Homes And Apartments:

Valentine Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
71.21% 3.17% 7 8
* 10 is highest

Rent & Ownership


Average Market Rent:
$753 / per month

Homeownership Rate

Owners 64.68
Renters 35.32
Vacant 11.92

Housing Market Details


Age of Homes

AGE OF Valentine HOMES
2000 or Newer 8.7
1970 - 1999 28.6
1940 - 1969 38.7
1939 or Older 24.0

Types of Homes

Single-Family 74.3
Townhomes 2.8
Small Apt. Buildings 9.3
Apt. Complexes 11.1
Mobile Homes 2.6
Other 0.0

Home Size

No Bedroom 1.33
1 Bedroom 19.51
2 Bedrooms 28.89
3 Bedrooms 29.23
4 Bedrooms 15.98
5 or more bedrooms 5.06

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