Kearney, NE

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.

 

Population
32,174

Average Annual Home Appreciation Rate
1.17%

Total # of Homes for Sale in this Market
Still gathering data

Median Home Price
$155,244

Median Rent
$745 per room

Home Price Range
51.49% of homes are between $110,001 - $220,000

Median Sales Price
Still gathering data

Number of "Troubled" homes(in some form of foreclosure)
3

Median Foreclosure Sales Price
Still gathering data

Foreclosure Discount
Still gathering data

Most Common Home Type
59.53% of homes are SINGLE FAMILY DETACHED

% of Vacant Homes
6.73%

% of Renters
45.53%

% of Owner Occupied
54.47%

People Living Below Poverty Level
16.84%

Unemployment Rate
1.80%

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.