Nance County, Nebraska Housing Market
In Nance County, Nebraska, the median home value is $132,000, with a median monthly rent of $807. This places Nance County at #2467 nationally out of 3134 counties by median home value, and #64 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: $875
- Establishments: 80
- BLS QCEW, 2025
Housing Supply
- Single-family: 5
- Multi-family: 3
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 1,334 (avg $58,570)
- Outflow: 1,288 (avg $59,422)
- IRS Statistics of Income
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| Metric | Nance County | Nebraska Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $132,000 | $164,635 | $227,706 |
| Median Gross Rent | $807 | $796 | $968 |
| Owner Occupancy Rate | 72.9% | 74.0% | 73.3% |
| Price/Rent Ratio | 13.6 | 17.2 | 18.7 |
Market Analysis
The median home value in Nance County is 19.8% below the Nebraska state average and 42.0% below the U.S. national average. The median rent of $807/month is 1.4% above the state average.
With a price-to-rent ratio of 13.6, buying a home in Nance 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.
Nance County has an owner-occupancy rate of 72.9%, compared to 74.0% in Nebraska and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Dixie County | Florida | $132,000 | $695 |
| Barbour County | West Virginia | $131,900 | $803 |
| Whitley County | Kentucky | $131,800 | $798 |
| Grenada County | Mississippi | $132,200 | $807 |
| Union County | Illinois | $131,700 | $648 |
Other Counties in Nebraska
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Nemaha County | $131,700 | $772 | 65.9% |
| Antelope County | $130,300 | $692 | 79.0% |
| Jefferson County | $129,500 | $662 | 74.9% |
| Hayes County | $128,100 | $508 | 67.9% |
| Knox County | $127,700 | $647 | 78.4% |
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).