Valley, NE

Valley, Nebraska is a small town located in the northeast corner of the state. The population was 2,898 at the 2010 census. Valley is home to a number of businesses and industries, including agriculture, manufacturing, and retail sales. The town's economy is largely based on real estate and related services.

Real estate in Valley has been an important part of the local economy for many years. In 2006, there were 1,948 housing units in Valley. Of these units, 1,711 were occupied by residents who lived in owner-occupied homes and 248 were occupied by residents who lived in rental units. The median value of owner-occupied housing units was $101,500 and the median value of rental units was $27 per month.

The largest segment of the Valley real estate market is single-family homes. There were 729 single-family homes in Valley as of 2006. The median value of these homes was $109,000. The second largest segment of the market is multi-family dwellings (units that contain more than one family). There were 128 multi-family dwellings in Valley as of 2006 and the median value for these units was $41 per square foot (which is about double the median value for single-family homes).