Furnas County, Nebraska Housing Market
In Furnas County, Nebraska, the median home value is $98,400, with a median monthly rent of $763. This places Furnas County at #2940 nationally out of 3134 counties by median home value, and #88 within Nebraska.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $985
- Establishments: 179
- BLS QCEW, 2025
Housing Supply
- Single-family: 5
- Multi-family: 2
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 1,922 (avg $61,849)
- Outflow: 1,787 (avg $62,949)
- IRS Statistics of Income
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| Metric | Furnas County | Nebraska Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $98,400 | $164,635 | $227,706 |
| Median Gross Rent | $763 | $796 | $968 |
| Owner Occupancy Rate | 76.3% | 74.0% | 73.3% |
| Price/Rent Ratio | 10.7 | 17.2 | 18.7 |
Market Analysis
The median home value in Furnas County is 40.2% below the Nebraska state average and 56.8% below the U.S. national average. The median rent of $763/month is 4.1% below the state average.
With a price-to-rent ratio of 10.7, buying a home in Furnas 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.
Furnas 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 |
|---|---|---|---|
| Martinsville city | Virginia | $98,400 | $808 |
| Yukon-Koyukuk Census Area | Alaska | $98,500 | $1,084 |
| Jackson County | Arkansas | $98,300 | $668 |
| Bertie County | North Carolina | $98,500 | $839 |
| Wibaux County | Montana | $98,600 | $963 |
Other Counties in Nebraska
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Sioux County | $99,300 | $745 | 59.6% |
| Hitchcock County | $96,700 | $714 | 78.7% |
| Deuel County | $100,200 | $872 | 81.6% |
| Nuckolls County | $96,500 | $585 | 83.5% |
| Richardson County | $100,300 | $691 | 77.3% |
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).