Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 7,663 people, 2,616 houses or apartments, and a median cost of homes of $311,983, Seward real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Seward, accounting for 69.83% of the city's housing units. Other types of housing that are prevalent in Seward include large apartment complexes or high rise apartments ( 14.89%), duplexes, homes converted to apartments or other small apartment buildings ( 8.36%), and a few row houses and other attached homes ( 5.58%).
The most prevalent building size and type in Seward are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 53.83% owning and 46.17% renting.
There is a lot of housing in Seward built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Seward built between 1940-1969 ( 22.62%). A lesser amount of the housing stock also hails from before 1939 ( 18.35%). There's also some housing in Seward built between 2000 and later ( 18.21%).
Real estate appreciation rates in Seward's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.52% during the period.
Over the last year, Seward appreciation rates have trailed the rest of the nation. In the last twelve months, Seward's appreciation rate has been 7.08%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Seward were at -1.43%, which equates to an annual appreciation rate of -5.60%.
Notably, Seward's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Nebraska, our data show that Seward's latest annual appreciation rate is higher than 70% of the other cities and towns in Nebraska.
$311,983
for Nebraska
for nation
2,616
$1,374 / per month