Polk County, Nebraska Housing Market

In Polk County, Nebraska, the median home value is $189,900, with a median monthly rent of $681. This places Polk County at #1513 nationally out of 3134 counties by median home value, and #25 within Nebraska.

Median Home Value $189,900
Median Rent $681/mo
Owner Occupancy 78.9%
Price/Rent Ratio 23.2

📈 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 Polk County rose +9.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

891
jobs (private sector)
  • Avg weekly wage: $957
  • Establishments: 142
  • BLS QCEW, 2025
🏗️

Housing Supply

13
new units authorized (2025)
  • Single-family: 13
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+81
net migration (filers, 2021-2022)
  • Inflow: 2,183 (avg $77,197)
  • Outflow: 2,102 (avg $78,036)
  • IRS Statistics of Income

How Polk County Compares

MetricPolk CountyNebraska AverageU.S. Average
Median Home Value $189,900 $164,635 $227,706
Median Gross Rent $681 $796 $968
Owner Occupancy Rate 78.9% 74.0% 73.3%
Price/Rent Ratio 23.2 17.2 18.7

Market Analysis

The median home value in Polk County is 15.3% above the Nebraska state average and 16.6% below the U.S. national average. The median rent of $681/month is 14.4% below the state average.

With a price-to-rent ratio of 23.2, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Polk County has an owner-occupancy rate of 78.9%, 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
Wharton County Texas $189,900 $1,046
Webb County Texas $189,900 $1,027
Pulaski County Missouri $189,800 $1,112
Niagara County New York $189,800 $899
Auglaize County Ohio $189,800 $868

Other Counties in Nebraska

CountyMedian Home ValueMedian RentOwner Occ.
Lincoln County $189,500 $900 65.6%
York County $189,400 $877 75.5%
Adams County $193,100 $857 69.7%
Arthur County $185,900 $750 80.5%
Dakota County $185,700 $1,069 63.9%

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).