Grand Island, NE Housing Market

Market data powered by Zillow Research. Last updated: 2026-04-02

Grand Island, NE is showing healthy, moderate growth.

  • •Steady price growth of 2.5% year-over-year — a balanced market.
  • •Price-to-rent ratio: 16.7 — buying and renting are roughly comparable.

Median Home Value

$250,381

ZHVI

Year-over-Year

+2.5%

Price change

5-Year Change

+36.4%

Since 2021

Median Rent

$1,252/mo

ZORI

Active Listings

249

For sale

State Avg

$271,338

Nebraska

Home Value Trends

5-year Zillow Home Value Index for Grand Island, NE vs. state and national averages.

Rent Data

Median Rent

$1,252/mo

Rent YoY Change

+1.9%

Rent vs. Buy Calculator

Other Markets in Nebraska

Omaha, NE$299,297Lincoln, NE$293,543Kearney, NE$293,273Columbus, NE$270,096Norfolk, NE$245,613Fremont, NE$236,535
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Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.