Kearney County, Nebraska Housing Market

In Kearney County, Nebraska, the median home value is $223,400, with a median monthly rent of $857. This places Kearney County at #1143 nationally out of 3134 counties by median home value, and #13 within Nebraska.

Median Home Value $223,400
Median Rent $857/mo
Owner Occupancy 77.5%
Price/Rent Ratio 21.7

📈 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 Kearney County rose +11.2% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

1,568
jobs (private sector)
  • Avg weekly wage: $1,007
  • Establishments: 195
  • BLS QCEW, 2025
🏗️

Housing Supply

10
new units authorized (2025)
  • Single-family: 10
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+97
net migration (filers, 2021-2022)
  • Inflow: 2,750 (avg $95,896)
  • Outflow: 2,653 (avg $97,013)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Kearney County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 68959 288.5 +11.19% 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 Kearney County Compares

MetricKearney CountyNebraska AverageU.S. Average
Median Home Value $223,400 $164,635 $227,706
Median Gross Rent $857 $796 $968
Owner Occupancy Rate 77.5% 74.0% 73.3%
Price/Rent Ratio 21.7 17.2 18.7

Market Analysis

The median home value in Kearney County is 35.7% above the Nebraska state average and 1.9% below the U.S. national average. The median rent of $857/month is 7.7% above the state average.

With a price-to-rent ratio of 21.7, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Kearney County has an owner-occupancy rate of 77.5%, 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
Orleans County Vermont $223,400 $892
Osage County Missouri $223,300 $639
Payne County Oklahoma $223,300 $917
Putnam County West Virginia $223,300 $952
Lorain County Ohio $223,200 $966

Other Counties in Nebraska

CountyMedian Home ValueMedian RentOwner Occ.
Platte County $223,900 $897 71.6%
Hall County $224,600 $943 62.0%
Wayne County $221,600 $800 61.3%
Gosper County $228,500 $664 81.0%
Howard County $209,100 $777 78.2%

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).