The housing market in Phelps, NE County is quite robust with a median value of $163,100. This value is significantly lower than the US median value of $338,100, however the appreciation rate over the past year has still been quite healthy at 7.91%. Despite being lower than the national average, this indicates that homes in Phelps have been increasing in value and thus making it an attractive area for potential homeowners.
The median home cost in Phelps County is $163,100. Home appreciation the last 10 years has been 80.6%. Home Appreciation in Phelps County is up 15.2%.
Average Age of Homes
- The median age of Phelps County real estate is 56 years old
The Rental Market in Phelps County
- Renters make up 24.3% of the Phelps County population
- 0.6% of houses and apartments in Phelps County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.