Nebraska Real Estate

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Commonly Asked Questions about Nebraska Real Estate

What is the average price of a house in Nebraska?

There have been 23,767 residential properties sold in the Nebraska real estate market over the past 12 months. As of June 2024, the median home price in NE on single-family homes is $285,000. The median single-family home value for properties over the last 12 months is $262,637.

Is Nebraska a cheap state to live in?

Nebraskas affordable cost of living is a docHub draw for residents, as the state consistently offers a more budget-friendly lifestyle than the national average. With a median sale price of $295,700, considerably lower than the national average of $439,716, Nebraska provides an accessible housing market.

What is the best place to live in Nebraska?

7 Best Places to Live in Nebraska #CityUnemployment Rate 1. Lexington 2.00% 2. North Platte 2.10% 3. McCook 2.5% 4. Grand Island 2.60%3 more rows Aug 12, 2024

Is Nebraska an affordable place to live?

Nebraska is a good place to live if youre looking for affordable housing and a low cost of living. Rent prices are well below the national median in most areas of the state and there are plenty of homes listed for sale at reasonable prices.

Are houses cheap in Nebraska?

With a median home price of $264,763, Nebraska can be expensive.

How much money do you need to live in Nebraska?

Typical Expenses 1 ADULT2 ADULTS (1 WORKING) 0 Children3 Children Other $4,086 $10,305 Required annual income after taxes $35,795 $78,078 Annual taxes $6,054 $7,2828 more rows

Is Nebraska a good state to move to?

Nebraska has the nations 6th fastest-growing economy, and our unemployment rate has been under 3% for over 3 years. Affordable living? Home prices here are among the lowest in the U.S. We also boast lower-than-average costs for groceries, utilities, and transportation.

Are home prices dropping in Nebraska?

Median Home Price The median sale price of a home in Nebraska as of April 2024 was $296,500 ing to Redfins monthly housing market data. This is an increase of 2.1% from April 2023, accurately reflecting predictions of continually rising average list price in the state.