Living in Dannebrog, NE
Dannebrog is a charming small town located in Howard County, Nebraska. Known for its close-knit community and welcoming atmosphere, it offers residents a peaceful lifestyle with the convenience of essential services. The town boasts a rich cultural heritage and hosts various local events throughout the year, making it an ideal place for families and retirees alike.
Current Market Conditions in Dannebrog, NE
The real estate market in Dannebrog is stable, with a consistent demand for homes reflecting the town's appeal to families and retirees. Prices have remained relatively steady, with a modest increase over the past year as more people seek the charm of small-town living.
Trends indicate a growing interest in properties with larger lots and outdoor space, as residents prioritize privacy and the ability to engage in outdoor activities at home. The inventory of homes remains limited, creating a competitive market.
Newcomers to the area are showing interest in historic homes, which contribute to the town's character, leading to several renovations and improvements in these properties.
Home Value Estimator For Dannebrog, NE
There are currently 360 real estate properties
in Dannebrog, NE,
with a median automated valuation model (AVM) price
of $291,170.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Dannebrog, 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 Dannebrog, NE,
is $363,019.00, with the most expensive house
in Dannebrog, NE, topping out
at $1,221,801.00 and the cheapest home
in Dannebrog, NE,
clocking in at $12,324.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Dannebrog, NE!
Rent Prices
In Dannebrog, NE
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Dannebrog, NE, is on
a rollercoaster ride. The
average rent price in Dannebrog, NE,
is $1,075.00. Indeed, when looking to rent in
Dannebrog, NE, you can expect to pay as little
as $560.00 or as much
as $1,890.00,
with the average rent median estimated to
be $970.00. The good news is that finding
an affordable and desirable property to rent in Dannebrog, 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.