Living in Loomis, NE
Loomis, NE, is a charming small town in the heart of Nebraska, known for its friendly residents and peaceful rural lifestyle. It offers a variety of amenities for students and families while maintaining a tight-knit community feel. Outdoor activities and agricultural events dominate the local culture, making it an appealing place to live for those who appreciate tranquility.
Current Market Conditions in Loomis, NE
The real estate market in Loomis has been stable, with modest growth rates seen over the past few months. The demand for housing remains steady, as more individuals search for affordable living options in smaller towns. The recent trends have shown a slight increase in home values, indicating a healthy market.
Considering the small size of Loomis, the availability of homes is limited, which adds a level of competitiveness for buyers. Prices remain reasonable compared to larger urban areas, making it an attractive option for first-time buyers and families looking for more space.
Home Value Estimator For Loomis, NE
There are currently 236 real estate properties
in Loomis, NE,
with a median automated valuation model (AVM) price
of $218,163.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Loomis, 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 Loomis, NE,
is $339,106.00, with the most expensive house
in Loomis, NE, topping out
at $2,327,621.00 and the cheapest home
in Loomis, NE,
clocking in at $25,720.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Loomis, NE!
Rent Prices
In Loomis, NE
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Loomis, NE, is on
a rollercoaster ride. The
average rent price in Loomis, NE,
is $1,281.00. Indeed, when looking to rent in
Loomis, NE, you can expect to pay as little
as $630.00 or as much
as $3,420.00,
with the average rent median estimated to
be $1,130.00. The good news is that finding
an affordable and desirable property to rent in Loomis, 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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