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Foreclosure Homes in Papillion, NE

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View this home at Shoreline Cir Papillion NE 68133
Preforeclosure
VIEW DETAILS
$571,969 EMV
Shoreline Cir
Papillion, NE 68133
Single-Family
|
4 |
3.5
|
2,891
EST. RENT: $2,420
|
AUCTION: 05-03-2024
Single-Family
|
4 |
3.5
|
2,891
View this home at Devon Dr Papillion NE 68046
Preforeclosure
VIEW DETAILS
$253,144 EMV
Devon Dr
Papillion, NE 68046
Single-Family
|
3 |
2
|
1,468
EST. RENT: $1,400
|
AUCTION: 04-04-2024
Single-Family
|
3 |
2
|
1,468
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Papillion, NE Foreclosures

How much do homes sell for in Papillion, NE?
The average home price is currently $388,691.
In Papillion, NE, how many homes are available?
There are currently 12,519 active home listings available in Papillion.
What’s the average rental cost in Papillion, NE?
The average rental price in Papillion is $1,711.
What is the most expensive home in Papillion, Nebraska?
The most expensive home sold in Papillion had a price of $4,934,500.
What is currently the cheapest priced home in Papillion, NE?
The cheapest home for sale in Papillion is priced at $26,629.

Home Value Estimator For Papillion, NE

There are currently 12,519 real estate properties in Papillion, NE, with a median automated valuation model (AVM) price of $361,642.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Papillion, NE, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Papillion, NE, is $388,691.00, with the most expensive house in Papillion, NE, topping out at $4,934,500.00 and the cheapest home in Papillion, NE, clocking in at $26,629.00. In other words, there’s something for every potential homebuyer or savvy investor in Papillion, NE!


Rent Prices In Papillion, NE

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Papillion, NE, is on a rollercoaster ride. The average rent price in Papillion, NE, is $1,711.00. Indeed, when looking to rent in Papillion, NE, you can expect to pay as little as $690.00 or as much as $3,770.00, with the average rent median estimated to be $1,710.00. The good news is that finding an affordable and desirable property to rent in Papillion, NE -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Papillion, NE In 2024

Papillion is located in Sarpy, Nebraska, with an estimated municipal population of 20,471 residents. All of the best foreclosed homes for sale in Papillion are located in the following zip code areas on Foreclosure.com: 68046 68138. The estimated population per square kilometer (.62 miles) in Papillion is 800.


Cost Of Living In Papillion, NE

So, about how much do homes cost in Papillion? The most recent median value of resident-owned homes in Papillion is 189,868. An estimated 66.3 percent of households in Papillion own their homes, with an average family size of 3.11. The median household income in Papillion is 80,619, with38.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Papillion, the median commute time of resident workers (in minutes) is 20.2. And last, but certainly not least, are you looking for homes to rent in Papillion? If so, the average rent price paid by renters in Papillion is 917, according to recent statistics.


Diversity And Demographics In Papillion, Nebraska

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Papillion, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Papillion is 37.6, split between 49.8 percent male versus 50.2 female. The percentage of residents who report being married in Papillion is 54.7, with an average family size of 3.11.

The percentage of residents who report their race in Papillion is as follows:

White 89.1%
Black / African American 3.3%
Asian 2.6%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.9%
Other 1.7%

Looking for family-friendly neighborhoods in and/or near Papillion? Or maybe you are searching for 55+ active adult communities in and/or near Papillion?

The percentage of residents who report their age in Papillion is as follows:

Under 10 12.7%
Aged 10-19 13.8%
20s 12.3%
30s 15.1%
40s 12%
50s 13.3%
60s 11.4%
70s 5.6%
80+ 4%

Best Schools In Papillion, Nebraska

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Papillion with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Papillion.


Pros And Cons Of Living In Papillion, Nebraska

How do you know that living in -- or moving to -- Papillion is right where you need to be? Perhaps you grew up in Papillion or already live nearby; therefore, the decision to buy a home in Papillion is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Papillion for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Papillion:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Papillion.


Reasons To Move To Papillion, Nebraska, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Papillion can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Papillion, meanwhile, can field multiple offers from more qualified buyers.

Papillion, NE Foreclosures


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