Friday, November 10, 2006

Housing Report for Douglas County, Nebraska

Douglas County recorded median owner-occupied home value in the year 2005 of $136,500, accounted by the American Community Survey. This median is greater than the overall State of Nebraska 2005 median home value of $113,200 and less than home value of $167,500 across the United States during the same year.

It can be understood that there is a fair amount of housing that is affordable in Douglas County, Nebraska. In 2005, 41.2 percent of residential real estate was valued under $125,000.

When compared to other counties in Nebraska, Douglas County ranks 6 of 93 by percentage growth in residential real estate. The county is positioned 774 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

Douglas County has a medium proportion of high-valued homes. In 2005, the American Community Survey reports that 2.5 percent of the houses are valued over a half a million dollars.

In Douglas County, the census reported 206,273 homes in 2005. The county has experienced a growth in housing units, adding in all 10,458 residential units since 2001, or 5.3 percent.

The residential housing values in Douglas County, Nebraska have seen large increases from the housing values in 2000. The residential values have increased by $35,700, or 35.4 percent, from when in 2000 they were valued at $100,800.

Data Source: U.S. Census Bureau

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