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Foreclosure Auction Homes in Fairbury, NE

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Living in Fairbury, NE

Fairbury, NE is a picturesque small town with a welcoming atmosphere and a strong sense of community. It offers a range of amenities, parks, and educational institutions that cater to families, making it a great place to live. With its natural beauty and friendly residents, Fairbury is perfect for those seeking a relaxed lifestyle.

Current Market Conditions in Fairbury, NE

The real estate market in Fairbury, NE has recently shown signs of growth, with a steady increase in home prices. The demand for housing is rising as more people are looking to relocate to smaller towns for a quieter lifestyle amidst the pandemic. Investors and homebuyers are particularly drawn to Fairbury due to its affordability compared to larger cities in Nebraska.

As of late 2023, Fairbury is witnessing a competitive market with multiple offers on desirable properties. The local economy is stable, and as more buyers become aware of the advantages of living in Fairbury, the trend of rising home prices is expected to continue.

Home Value Estimator For Fairbury, NE

There are currently 2,338 real estate properties in Fairbury, NE, with a median automated valuation model (AVM) price of $138,806.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fairbury, 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 Fairbury, NE, is $208,260.00, with the most expensive house in Fairbury, NE, topping out at $3,172,560.00 and the cheapest home in Fairbury, NE, clocking in at $10,807.00. In other words, there’s something for every potential homebuyer or savvy investor in Fairbury, NE!

Rent Prices In Fairbury, NE

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fairbury, NE, is on a rollercoaster ride. The average rent price in Fairbury, NE, is $924.00. Indeed, when looking to rent in Fairbury, NE, you can expect to pay as little as $420.00 or as much as $2,760.00, with the average rent median estimated to be $860.00. The good news is that finding an affordable and desirable property to rent in Fairbury, 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.

Fairbury, NE Foreclosure Auction Homes


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