Scottsbluff, NE

Population: 15,174
Average annual home appreciation rate: 8.05%
Total of homes for sale in this market: 27
Median home price: $96,751
Median Rent: $524 per room
Home price range: 40.25% of homes are between $53,001 – $105,000
Median sales price: NO DATA
Number of homes: 11
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 66.95% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 7.09%
Number of renters: 45.24%
Number of owner occupied: 54.76%
Number people living below poverty level: 21.67%
Unemployment rate: 3.50%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Scottsbluff area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

North Platte, NE

Population: 24,806
Average annual home appreciation rate: -2.03%
Total of homes for sale in this market:
Median home price: $102,459
Median Rent: $469 per room
Home price range: 42.39% of homes are between $103,001 – $206,000
Median sales price: NO DATA
Number of homes: 9
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 66.88% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 7.65%
Number of renters: 36.67%
Number of owner occupied: 63.33%
Number people living below poverty level: 10.96%
Unemployment rate: 3.30%
Is this area perfect for real estate deals going on right now? Markets such as North Platte can spell opportunity for the savvy cash investor. Based on the fact that down markets can produce properties owned by motivated sellers who are much more willing to negotiate the prices of their properties, when cash is the means of the purchase.