Nemaha County, Nebraska Housing Market
In Nemaha County, Nebraska, the median home value is $131,700, with a median monthly rent of $772. This places Nemaha County at #2471 nationally out of 3134 counties by median home value, and #65 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: $803
- Establishments: 183
- BLS QCEW, 2025
Housing Supply
- Single-family: 2
- Multi-family: 2
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 2,629 (avg $73,598)
- Outflow: 2,406 (avg $75,547)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Nemaha County Compares
| Metric | Nemaha County | Nebraska Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $131,700 | $164,635 | $227,706 |
| Median Gross Rent | $772 | $796 | $968 |
| Owner Occupancy Rate | 65.9% | 74.0% | 73.3% |
| Price/Rent Ratio | 14.2 | 17.2 | 18.7 |
Market Analysis
The median home value in Nemaha County is 20.0% below the Nebraska state average and 42.2% below the U.S. national average. The median rent of $772/month is 3.0% below the state average.
With a price-to-rent ratio of 14.2, buying a home in Nemaha 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.
Nemaha County has an owner-occupancy rate of 65.9%, 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 |
|---|---|---|---|
| Union County | Illinois | $131,700 | $648 |
| Berrien County | Georgia | $131,600 | $782 |
| Adams County | Iowa | $131,600 | $893 |
| Whitley County | Kentucky | $131,800 | $798 |
| Pawnee County | Oklahoma | $131,500 | $864 |
Other Counties in Nebraska
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Nance County | $132,000 | $807 | 72.9% |
| 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).