Sarpy County, Nebraska Housing Market

In Sarpy County, Nebraska, the median home value is $314,100, with a median monthly rent of $1,334. This places Sarpy County at #556 nationally out of 3134 counties by median home value, and #1 within Nebraska.

Median Home Value $314,100
Median Rent $1,334/mo
Owner Occupancy 70.4%
Price/Rent Ratio 19.6

📈 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 Sarpy County rose +3.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

72,470
jobs (private sector)
  • Avg weekly wage: $1,146
  • Establishments: 4,692
  • BLS QCEW, 2025
🏗️

Housing Supply

1,594
new units authorized (2025)
  • Single-family: 1,221
  • Multi-family: 373
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+5825
net migration (filers, 2021-2022)
  • Inflow: 82,098 (avg $95,597)
  • Outflow: 76,273 (avg $96,618)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 9 active ZIP codes in Sarpy County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 68059 279.9 +6.60% 2025
2 68128 240.8 +2.76% 2025
3 68005 240.0 +7.63% 2025
4 68028 234.1 +5.92% 2025
5 68046 227.5 +2.75% 2025
6 68136 211.7 -0.55% 2025
7 68138 240.1 +0.56% 2025
8 68123 227.3 +0.91% 2025
9 68133 202.6 -0.78% 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.

How Sarpy County Compares

MetricSarpy CountyNebraska AverageU.S. Average
Median Home Value $314,100 $164,635 $227,706
Median Gross Rent $1,334 $796 $968
Owner Occupancy Rate 70.4% 74.0% 73.3%
Price/Rent Ratio 19.6 17.2 18.7

Market Analysis

The median home value in Sarpy County is 90.8% above the Nebraska state average and 37.9% above the U.S. national average. The median rent of $1,334/month is 67.6% above the state average.

With a price-to-rent ratio of 19.6, the buy-vs-rent decision in Sarpy County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Sarpy County has an owner-occupancy rate of 70.4%, 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
Fluvanna County Virginia $314,100 $1,204
Gilmer County Georgia $314,000 $998
Fremont County Idaho $314,200 $864
Grays Harbor County Washington $314,000 $1,062
Henry County Georgia $313,900 $1,674

Other Counties in Nebraska

CountyMedian Home ValueMedian RentOwner Occ.
Washington County $297,600 $965 83.2%
Lancaster County $275,200 $1,085 58.9%
Saunders County $271,700 $960 82.1%
Douglas County $266,100 $1,201 61.5%
Cass County $254,900 $996 85.4%

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).