Gage County, Nebraska Housing Market

In Gage County, Nebraska, the median home value is $174,000, with a median monthly rent of $774. This places Gage County at #1720 nationally out of 3134 counties by median home value, and #37 within Nebraska.

Median Home Value $174,000
Median Rent $774/mo
Owner Occupancy 73.5%
Price/Rent Ratio 18.7

📈 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 Gage County rose +8.3% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

7,110
jobs (private sector)
  • Avg weekly wage: $948
  • Establishments: 664
  • BLS QCEW, 2025
🏗️

Housing Supply

28
new units authorized (2025)
  • Single-family: 24
  • Multi-family: 4
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+506
net migration (filers, 2021-2022)
  • Inflow: 9,082 (avg $68,784)
  • Outflow: 8,576 (avg $70,264)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 68358 287.8 +20.19% 2025
2 68310 247.7 +7.73% 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 Gage County Compares

MetricGage CountyNebraska AverageU.S. Average
Median Home Value $174,000 $164,635 $227,706
Median Gross Rent $774 $796 $968
Owner Occupancy Rate 73.5% 74.0% 73.3%
Price/Rent Ratio 18.7 17.2 18.7

Market Analysis

The median home value in Gage County is 5.7% above the Nebraska state average and 23.6% below the U.S. national average. The median rent of $774/month is 2.8% below the state average.

With a price-to-rent ratio of 18.7, the buy-vs-rent decision in Gage County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Gage County has an owner-occupancy rate of 73.5%, 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
Titus County Texas $174,000 $907
DeSoto County Florida $174,100 $932
Luzerne County Pennsylvania $174,100 $1,004
Marshall County Kentucky $173,800 $798
Taylor County Kentucky $174,200 $718

Other Counties in Nebraska

CountyMedian Home ValueMedian RentOwner Occ.
Boone County $173,700 $850 81.9%
Logan County $175,000 $761 78.9%
Merrick County $175,900 $750 82.2%
Garfield County $176,600 $490 76.0%
Cuming County $178,800 $789 68.9%

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).