In the last 10 years, Kearney has experienced some of the highest home appreciation rates of any community in the nation. Kearney real estate appreciated 35.04% over the last ten years, which is an average annual home appreciation rate of 3.05%, putting Kearney in the top 20% nationally for real estate appreciation. For a real estate investor, Kearney 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, Kearney’s appreciation rate, at 6.22%, has been at or slightly above the national average. In the latest quarter, Kearney’s appreciation rate has been 0.29%, which annualizes to a rate of 1.17%.
Relative to Nebraska, our data show that Kearney’s latest annual appreciation rate is higher than 60% of the other cities and towns in Nebraska.
Is this area perfect for Real Estate deals going on right now?
With the history of positive appreciation in the Kearney area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.