Merrick County, Nebraska Housing Market
In Merrick County, Nebraska, the median home value is $175,900, with a median monthly rent of $750. This places Merrick County at #1689 nationally out of 3134 counties by median home value, and #35 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: $1,001
- Establishments: 249
- BLS QCEW, 2025
Housing Supply
- Single-family: 37
- Multi-family: 12
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 3,127 (avg $77,304)
- Outflow: 2,970 (avg $78,788)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Merrick County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 68826 | 319.4 | +10.98% | 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 Merrick County Compares
| Metric | Merrick County | Nebraska Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $175,900 | $164,635 | $227,706 |
| Median Gross Rent | $750 | $796 | $968 |
| Owner Occupancy Rate | 82.2% | 74.0% | 73.3% |
| Price/Rent Ratio | 19.5 | 17.2 | 18.7 |
Market Analysis
The median home value in Merrick County is 6.8% above the Nebraska state average and 22.8% below the U.S. national average. The median rent of $750/month is 5.8% below the state average.
With a price-to-rent ratio of 19.5, the buy-vs-rent decision in Merrick County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Merrick County has an owner-occupancy rate of 82.2%, 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 |
|---|---|---|---|
| White County | Indiana | $175,900 | $901 |
| Tunica County | Mississippi | $175,900 | $977 |
| Clinton County | Pennsylvania | $175,900 | $820 |
| Switzerland County | Indiana | $175,800 | $758 |
| Carroll County | Iowa | $176,000 | $731 |
Other Counties in Nebraska
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Garfield County | $176,600 | $490 | 76.0% |
| Logan County | $175,000 | $761 | 78.9% |
| Gage County | $174,000 | $774 | 73.5% |
| Boone County | $173,700 | $850 | 81.9% |
| 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).