Nebraska Housing Market Trends
Real-time market data powered by Zillow Research. Last updated: 2026-03-03
Is Now a Good Time to Buy in Nebraska?
The Nebraska housing market is showing balanced conditions.
home values have grown a moderate 3.1% year-over-year. there are currently 383 homes on the market.
Median Home Value
$267,297
Zillow Home Value Index
Year-over-Year
+3.1%
Home value change
5-Year Change
+35.3%
Since 2021
Median Rent
$1,274/mo
Zillow Observed Rent Index
Active Listings
383
Homes for sale
Home Value Trends
5-year Zillow Home Value Index (ZHVI) for Nebraska vs. national average. ZHVI reflects the typical home value in the 35th-65th percentile range.
Rent Trends
Average rent in Nebraska: $1,274/mo (+4.9% YoY)
Rent vs. Buy Analysis
With a median home value of $267,297 and average rent of $1,274/mo, the price-to-rent ratio in Nebraska is 17.5. A ratio of 15-21 means it could go either way — run the numbers.
Run Full Rent vs. Buy CalculatorTop Markets in Nebraska
Explore housing data for 12 metro areas in Nebraska. Click any market for detailed trends and analysis.
Omaha, NE
$295,169
Avg rent: $1,389/mo
Lincoln, NE
$289,265
Avg rent: $1,276/mo
Kearney, NE
$287,197
Avg rent: $1,579/mo
Columbus, NE
$267,606
Grand Island, NE
$247,377
Avg rent: $1,251/mo
Norfolk, NE
$242,557
Avg rent: $1,258/mo
Fremont, NE
$232,841
North Platte, NE
$208,545
Lexington, NE
$205,284
Hastings, NE
$202,955
Beatrice, NE
$189,485
Scottsbluff, NE
$188,478
Avg rent: $893/mo
Continue Learning About Nebraska
Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.