Banner County, Nebraska Housing Market

In Banner County, Nebraska, the median home value is $205,700, with a median monthly rent of $975. This places Banner County at #1349 nationally out of 3134 counties by median home value, and #18 within Nebraska.

Median Home Value $205,700
Median Rent $975/mo
Owner Occupancy 67.9%
Price/Rent Ratio 17.6

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

💼

Employment & Wages

56
jobs (private sector)
  • Avg weekly wage: $930
  • Establishments: 10
  • BLS QCEW, 2025
🚚

Migration Patterns

+0
net migration (filers, 2021-2022)
  • Inflow: 239 (avg $56,297)
  • Outflow: 239 (avg $56,297)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 2 active ZIP codes in Banner County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 69145 272.0 +8.32% 2025
2 69341 219.2 +7.17% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Banner County Compares

MetricBanner CountyNebraska AverageU.S. Average
Median Home Value $205,700 $164,635 $227,706
Median Gross Rent $975 $796 $968
Owner Occupancy Rate 67.9% 74.0% 73.3%
Price/Rent Ratio 17.6 17.2 18.7

Market Analysis

The median home value in Banner County is 24.9% above the Nebraska state average and 9.7% below the U.S. national average. The median rent of $975/month is 22.5% above the state average.

With a price-to-rent ratio of 17.6, the buy-vs-rent decision in Banner County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Banner County has an owner-occupancy rate of 67.9%, compared to 74.0% in Nebraska and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Hardin County Texas $205,700 $1,049
Hemphill County Texas $205,700 $836
Clark County Kentucky $205,800 $938
Polk County Missouri $205,800 $814
Grady County Oklahoma $205,800 $883

Other Counties in Nebraska

CountyMedian Home ValueMedian RentOwner Occ.
Madison County $208,500 $881 65.4%
Dodge County $208,600 $1,060 66.9%
Howard County $209,100 $777 78.2%
Otoe County $201,600 $914 82.3%
Saline County $197,400 $914 75.9%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).