NORTH PLATTE HOUSING MARKET INFORMATION With a population of 22,523, 10,119 total housing units (homes and apartments), and a median house value of $199,379, house prices in North Platte are solidly below the national average. Single-family detached homes are the single most common housing type in North Platte, accounting for 65.63% of the city's housing units. Other types of housing that are prevalent in North Platte include large apartment complexes or high rise apartments ( 14.84%), duplexes, homes converted to apartments or other small apartment buildings ( 7.97%), and a few mobile homes or trailers ( 7.64%). The most prevalent building size and type in North Platte are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 54.94% owning and 45.06% renting. At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. North Platte's housing was primarily built during this period, from the '40s through the '60s. A full 37.12% of the city's housing hails from this era. Other housing ages represented in North Platte include homes built between 1970-1999 ( 35.62%) and housing constructed before 1939 ( 18.09%). There's also some housing in North Platte built between 2000 and later ( 9.18%). Vacant housing appears to be an issue in North Platte. Fully 11.29% of the housing stock is classified as vacant. Left unchecked, vacant North Platte homes and apartments can be a drag on the real estate market, holding North Platte real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor. NORTH PLATTE HOME APPRECIATION RATES North Platte's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in North Platte during the period has been just 4.98%, which is lower than 80% of US communities. 蘑菇视频's data show that during the latest twelve months, North Platte's appreciation rate, at 7.71%, has been at or slightly above the national average. In the latest quarter, North Platte's appreciation rate has been -0.73%, which annualizes to a rate of -2.88%. Notably, North Platte's appreciation rate in the latest quarter is one of the lowest in America. Relative to Nebraska, our data show that North Platte's latest annual appreciation rate is higher than 80% of the other cities and towns in Nebraska. One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within North Platte differ in their investment potential, sometimes by a great deal. Fortunately, you can use 蘑菇视频 to pinpoint the exact neighborhoods in North Platte - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best North Platte real estate investment or home purchase decisions.