Cass County, Nebraska Housing Market

In Cass County, Nebraska, the median home value is $254,900, with a median monthly rent of $996. This places Cass County at #868 nationally out of 3134 counties by median home value, and #6 within Nebraska.

Median Home Value $254,900
Median Rent $996/mo
Owner Occupancy 85.4%
Price/Rent Ratio 21.3

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Cass County rose +4.5% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

4,676
jobs (private sector)
  • Avg weekly wage: $1,054
  • Establishments: 653
  • BLS QCEW, 2025
🏗️

Housing Supply

55
new units authorized (2025)
  • Single-family: 55
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+602
net migration (filers, 2021-2022)
  • Inflow: 11,485 (avg $97,242)
  • Outflow: 10,883 (avg $98,276)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 7 active ZIP codes in Cass County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 68003 254.6 -9.60% 2025
2 68463 238.7 +14.29% 2025
3 68462 267.0 +8.75% 2025
4 68048 220.0 +2.74% 2025
5 68347 249.1 +4.37% 2025
6 68037 214.6 -0.26% 2025
7 68527 196.7 +6.37% 2021

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 Cass County Compares

MetricCass CountyNebraska AverageU.S. Average
Median Home Value $254,900 $164,635 $227,706
Median Gross Rent $996 $796 $968
Owner Occupancy Rate 85.4% 74.0% 73.3%
Price/Rent Ratio 21.3 17.2 18.7

Market Analysis

The median home value in Cass County is 54.8% above the Nebraska state average and 11.9% above the U.S. national average. The median rent of $996/month is 25.1% above the state average.

With a price-to-rent ratio of 21.3, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Cass County has an owner-occupancy rate of 85.4%, compared to 74.0% in Nebraska and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Carroll County Georgia $255,100 $1,153
Wicomico County Maryland $254,700 $1,327
Pope County Minnesota $255,100 $902
Silver Bow County Montana $255,200 $863
Antrim County Michigan $255,500 $902

Other Counties in Nebraska

CountyMedian Home ValueMedian RentOwner Occ.
Hamilton County $253,700 $794 83.0%
Buffalo County $246,400 $936 66.4%
Douglas County $266,100 $1,201 61.5%
Seward County $241,300 $980 72.0%
Saunders County $271,700 $960 82.1%

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).