Norfolk, NE Housing Market

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

Norfolk, NE is showing healthy, moderate growth.

  • •Steady price growth of 5.3% year-over-year — a balanced market.
  • •Price-to-rent ratio: 16.3 — buying and renting are roughly comparable.

Median Home Value

$245,613

ZHVI

Year-over-Year

+5.3%

Price change

5-Year Change

+36.6%

Since 2021

Median Rent

$1,255/mo

ZORI

Active Listings

151

For sale

State Avg

$271,338

Nebraska

Home Value Trends

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

Rent Data

Median Rent

$1,255/mo

Rent YoY Change

+4.3%

Rent vs. Buy Calculator

Other Markets in Nebraska

Omaha, NE$299,297Lincoln, NE$293,543Kearney, NE$293,273Columbus, NE$270,096Grand Island, NE$250,381Fremont, 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.