Platte County, Nebraska Housing Market

In Platte County, Nebraska, the median home value is $223,900, with a median monthly rent of $897. This places Platte County at #1140 nationally out of 3134 counties by median home value, and #12 within Nebraska.

Median Home Value $223,900
Median Rent $897/mo
Owner Occupancy 71.6%
Price/Rent Ratio 20.8

📈 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 Platte County rose +5.4% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

17,064
jobs (private sector)
  • Avg weekly wage: $1,090
  • Establishments: 1,086
  • BLS QCEW, 2025
🏗️

Housing Supply

409
new units authorized (2025)
  • Single-family: 153
  • Multi-family: 256
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+696
net migration (filers, 2021-2022)
  • Inflow: 14,968 (avg $79,803)
  • Outflow: 14,272 (avg $81,078)
  • IRS Statistics of Income

How Platte County Compares

MetricPlatte CountyNebraska AverageU.S. Average
Median Home Value $223,900 $164,635 $227,706
Median Gross Rent $897 $796 $968
Owner Occupancy Rate 71.6% 74.0% 73.3%
Price/Rent Ratio 20.8 17.2 18.7

Market Analysis

The median home value in Platte County is 36.0% above the Nebraska state average and 1.7% below the U.S. national average. The median rent of $897/month is 12.7% above the state average.

With a price-to-rent ratio of 20.8, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Platte County has an owner-occupancy rate of 71.6%, 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

CountyStateMedian Home ValueMedian Rent
Elmore County Alabama $223,900 $1,071
Marion County Indiana $224,000 $1,153
Vernon County Wisconsin $223,800 $836
Hickman County Tennessee $224,100 $893
Mills County Texas $223,700 $708

Other Counties in Nebraska

CountyMedian Home ValueMedian RentOwner Occ.
Kearney County $223,400 $857 77.5%
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).