Living in Benkelman, NE
Benkelman is a small city located in Dundy County, Nebraska. Known for its rich agricultural heritage and friendly community, it serves as a quiet retreat with a small-town atmosphere. Residents enjoy access to scenic landscapes, outdoor activities, and a close-knit community feeling that is unique to the area.
Current Market Conditions in Benkelman, NE
The real estate market in Benkelman is stable, characterized by affordable housing options and a growing interest in the area from prospective homeowners. Low inventory levels have kept prices relatively steady, making it an attractive option for first-time buyers looking for more space and fewer city pressures.
Historically, the market in Benkelman has shown resilience with steady demand for single-family homes, especially among families and retirees looking for a slower pace of life. Developers are beginning to show interest in the area, signaling potential growth.
Investors are starting to take notice of Benkelman's potential, with increasing job opportunities in surrounding areas driving interest in the housing market.
Home Value Estimator For Benkelman, NE
There are currently 488 real estate properties
in Benkelman, NE,
with a median automated valuation model (AVM) price
of $121,126.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Benkelman, NE, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Benkelman, NE,
is $169,156.00, with the most expensive house
in Benkelman, NE, topping out
at $1,778,400.00 and the cheapest home
in Benkelman, NE,
clocking in at $12,500.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Benkelman, NE!
Rent Prices
In Benkelman, NE
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Benkelman, NE, is on
a rollercoaster ride. The
average rent price in Benkelman, NE,
is $726.00. Indeed, when looking to rent in
Benkelman, NE, you can expect to pay as little
as $560.00 or as much
as $1,720.00,
with the average rent median estimated to
be $700.00. The good news is that finding
an affordable and desirable property to rent in Benkelman, NE
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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