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Foreclosure Homes in Elba, NE

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Elba, NE Foreclosures

How much do homes sell for in Elba, NE?
The average home price is currently $263,227.
In Elba, NE, how many homes are available?
There are currently 12 active home listings available in Elba.
What’s the average rental cost in Elba, NE?
The average rental price in Elba is $865.
What is the most expensive home in Elba?
The most expensive home sold in Elba had a price of $1,549,604.
What is currently the cheapest priced home in Elba, NE?
The cheapest home for sale in Elba is priced at $24,905.

Living in Elba, NE

Elba, NE is a serene and welcoming village with a tight-knit community, making it ideal for families and retirees. The surrounding nature offers plenty of outdoor activities, while local amenities provide essential services. Its peaceful environment attracts those wanting to enjoy a more relaxed lifestyle.

Current Market Conditions in Elba, NE

The real estate market in Elba, NE, presents a favorable environment for investors due to relatively low housing prices and increasing demand for affordable homes. The charming nature of the village attracts families seeking tranquility, ensuring steady interest in properties.

Current trends indicate a growing appreciation for rural living, which further enhances the appeal of investing in Elba. As more people seek homes in quieter regions, the potential for property value appreciation is promising.

Home Value Estimator For Elba, NE

There are currently 163 real estate properties in Elba, NE, with a median automated valuation model (AVM) price of $173,462.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elba, 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 Elba, NE, is $263,227.00, with the most expensive house in Elba, NE, topping out at $1,549,604.00 and the cheapest home in Elba, NE, clocking in at $24,905.00. In other words, there’s something for every potential homebuyer or savvy investor in Elba, NE!

Rent Prices In Elba, NE

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elba, NE, is on a rollercoaster ride. The average rent price in Elba, NE, is $865.00. Indeed, when looking to rent in Elba, NE, you can expect to pay as little as $410.00 or as much as $1,600.00, with the average rent median estimated to be $810.00. The good news is that finding an affordable and desirable property to rent in Elba, 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.

Elba, NE Foreclosures


Market Trend for Elba, NE

Total Listings Available: 12

Market Values:

Home Prices from $24,905 to $1,549,604

Average Sales Price: $263,227

Rental Values:

Rental from $410 to $1,600

Average Rent Value: $865 / month

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