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 6,424 people, 2,892 houses or apartments, and a median cost of homes of $238,653, house prices in Ralston are solidly below the national average.
Single-family detached homes are the single most common housing type in Ralston, accounting for 58.95% of the city's housing units. Other types of housing that are prevalent in Ralston include large apartment complexes or high rise apartments ( 34.41%), row houses and other attached homes ( 5.75%).
The most prevalent building size and type in Ralston are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 56.80% owning and 43.20% 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. Ralston's housing was primarily built during this period, from the '40s through the '60s. A full 39.51% of the city's housing hails from this era. Other housing ages represented in Ralston include homes built between 1970-1999 ( 35.72%) and housing constructed between 2000 and later ( 19.05%). There's also some housing in Ralston built before 1939 ( 5.72%).
Appreciation rates for homes in Ralston have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 95.72%, which ranks in the top 40% nationwide. This equates to an annual average Ralston house appreciation rate of 6.95%.
Over the last year, Ralston appreciation rates have trailed the rest of the nation. In the last twelve months, Ralston's appreciation rate has been 2.72%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Ralston were at 1.93%, which equates to an annual appreciation rate of 7.96%.
Relative to Nebraska, our data show that Ralston's latest annual appreciation rate is lower than 90% of the other cities and towns in Nebraska.
$238,653
for Nebraska
for nation
2,892
$1,650 / per month