Colfax County, Nebraska Housing Market
In Colfax County, Nebraska, the median home value is $144,700, with a median monthly rent of $980. This places Colfax County at #2312 nationally out of 3134 counties by median home value, and #60 within Nebraska.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,044
- Establishments: 278
- BLS QCEW, 2025
Housing Supply
- Single-family: 23
- Multi-family: 42
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 4,259 (avg $65,756)
- Outflow: 4,245 (avg $66,400)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Colfax County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 68661 | 269.9 | +10.93% | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Colfax County Compares
| Metric | Colfax County | Nebraska Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $144,700 | $164,635 | $227,706 |
| Median Gross Rent | $980 | $796 | $968 |
| Owner Occupancy Rate | 76.3% | 74.0% | 73.3% |
| Price/Rent Ratio | 12.3 | 17.2 | 18.7 |
Market Analysis
The median home value in Colfax County is 12.1% below the Nebraska state average and 36.5% below the U.S. national average. The median rent of $980/month is 23.1% above the state average.
With a price-to-rent ratio of 12.3, buying a home in Colfax County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Colfax County has an owner-occupancy rate of 76.3%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Randolph County | West Virginia | $144,800 | $821 |
| McCurtain County | Oklahoma | $144,500 | $700 |
| Tishomingo County | Mississippi | $145,100 | $682 |
| Butler County | Missouri | $145,100 | $780 |
| Calhoun County | Florida | $145,300 | $779 |
Other Counties in Nebraska
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Harlan County | $145,800 | $657 | 85.8% |
| Dundy County | $143,400 | $656 | 73.6% |
| Wheeler County | $146,500 | $509 | 77.7% |
| Burt County | $147,000 | $708 | 75.0% |
| Cheyenne County | $139,700 | $821 | 66.7% |
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).