York, NE
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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York, NE Real Estate Data


York Housing Market Information

With 7,864 people, 3,314 houses or apartments, and a median cost of homes of $141,520, York 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 York, accounting for 69.17% of the city's housing units. Other types of housing that are prevalent in York include large apartment complexes or high rise apartments ( 18.73%), duplexes, homes converted to apartments or other small apartment buildings ( 9.42%), and a few row houses and other attached homes ( 2.38%).

The most prevalent building size and type in York are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 54.57% owning and 45.43% renting.

There is a lot of housing in York 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 York built before 1939 ( 27.18%). A lesser amount of the housing stock also hails from between 1940-1969 ( 24.96%). There's also some housing in York built between 2000 and later ( 5.22%).

Vacant housing appears to be an issue in York. Fully 10.29% of the housing stock is classified as vacant. Left unchecked, vacant York homes and apartments can be a drag on the real estate market, holding York 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.

York Home Appreciation Rates

In the last 10 years, York has experienced some of the highest home appreciation rates of any community in the nation. York real estate appreciated 25.36% over the last ten years, which is an average annual home appreciation rate of 2.29%, putting York in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, York 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, York's appreciation rate, at 4.06%, has been at or slightly above the national average. In the latest quarter, York's appreciation rate has been 0.23%, which annualizes to a rate of 0.91%.

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

Average Home Values

 

Median Home Value:
$141,520

York, NE HOME PRICES

Value Range
> $1,132,000 0.0
$849,001 - $1,132,000 0.0
$566,001 - $849,000 2.2
$453,001 - $566,000 2.7
$339,001 - $453,000 4.2
$226,001 - $339,000 11.0
$113,001 - $226,000 37.9
$56,001 - $113,000 34.5
$0 - $56,000 7.7

High for NE
Average for Nation

Value Relative to Nation Value Relative to State
53.8204617367866 31.7948717948718

Number Of Homes And Apartments:
3,314

Rent & Ownership

 

Average Market Rent:
$701 / per month

Homeownership Rate

Homeownership
Owners 54.57
Renters 45.43
Vacant 10.29

Housing Market Details

 

Age of Homes

AGE OF York HOMES
2000 or Newer 5.2
1970 - 1999 42.6
1940 - 1969 25.0
1939 or Older 27.2

Types of Homes

TYPE OF York HOMES
Single-Family 69.2
Townhomes 2.4
Small Apt. Buildings 9.4
Apt. Complexes 18.7
Mobile Homes 0.3
Other 0.0

Home Size

SIZE OF York HOMES
No Bedroom 1.27
1 Bedroom 13.10
2 Bedrooms 27.59
3 Bedrooms 32.73
4 Bedrooms 16.76
5 or more bedrooms 8.55

York Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NE*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
49.21% 2.35% 3 6
* 10 is highest

Popular Neighborhoods in York

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Zip Codes in York, NE