c.1900 Two Bedroom Affordable Nebraska Home With Outbuildings $59,900
$59,900
Two-bedroom, two-bath affordable Nebraska home with a metal roof. The 1,276-sf home sits on a 0.68-acre lot with a barn, outbuilding and steel garage.
Realtor Comments
2 bed; 2 bath ranch style property sitting on over 1/2 acre of land under $60, 000. Older barn, chicken coop and a 21X26 detached garage with concrete floor is a bonus. to schedule a showing!
- 2bed
- 2bath
- Circa 1900
612 5th St, Bloomington, NE 68929 $59,900
If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
Contact Realtor: Renee’ Schnuerle
Pros
• Low Cost of Living & Affordable Housing
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Overall cost of living is about 28% below the U.S. average and 13–19% lower than Nebraska’s average
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Median home price is around $79K—roughly 70% less than the national median .
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High affordability makes it accessible for families and retirees.
• High Homeownership & Strong Housing Market
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Homeownership rate is about 95%
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Healthy home appreciation (~10% per year) indicates stable long-term investment .
• Tight-Knit Community & Rural Charm
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Village atmosphere fosters a strong sense of connection—locals describe “friendly, welcoming” residents
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Rural surroundings offer wide-open spaces and fresh air
• Rural, Quiet, and Peaceful Setting
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With only ~110 people, Bloomington offers minimal traffic and a calm environment—ideal for those seeking a slower pace of life
❌ Cons
• Very Small Population & Limited Amenities
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Population decline (~2% over 5 years) could impact services and local vitality .
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Few local amenities—most daily needs require traveling to nearby Franklin or larger towns .
• High Crime Rates (Relatively)
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Crime significantly higher than state averages: violent crime ~457/100K and property crime ~3,053/100K
• Lower Education & School Quality
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School performance low; graduation rate ~77%, below state average
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No schools within the village—students travel elsewhere, limiting convenience
• Limited Job Market & Income Levels
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Median household income (~$49K) is below state and national averages
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Employment largely in retail, agriculture, and manufacturing
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Job variety and career growth opportunities are limited locally.
• Limited Healthcare & Public Services
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Few medical facilities, public safety stations, or services within village
