Washington County, Nebraska Housing Market

In Washington County, Nebraska, the median home value is $297,600, with a median monthly rent of $965. This places Washington County at #640 nationally out of 3134 counties by median home value, and #2 within Nebraska.

Median Home Value $297,600
Median Rent $965/mo
Owner Occupancy 83.2%
Price/Rent Ratio 25.7

📈 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 Washington County rose +1.9% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

7,426
jobs (private sector)
  • Avg weekly wage: $1,232
  • Establishments: 667
  • BLS QCEW, 2025
🏗️

Housing Supply

206
new units authorized (2025)
  • Single-family: 74
  • Multi-family: 132
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+492
net migration (filers, 2021-2022)
  • Inflow: 8,856 (avg $109,910)
  • Outflow: 8,364 (avg $112,015)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 3 active ZIP codes in Washington County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 68002 259.9 +6.86% 2025
2 68008 232.4 +2.04% 2025
3 68023 244.5 -5.05% 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 Washington County Compares

MetricWashington CountyNebraska AverageU.S. Average
Median Home Value $297,600 $164,635 $227,706
Median Gross Rent $965 $796 $968
Owner Occupancy Rate 83.2% 74.0% 73.3%
Price/Rent Ratio 25.7 17.2 18.7

Market Analysis

The median home value in Washington County is 80.8% above the Nebraska state average and 30.7% above the U.S. national average. The median rent of $965/month is 21.2% above the state average.

With a price-to-rent ratio of 25.7, Washington County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Washington County has an owner-occupancy rate of 83.2%, 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
Bedford County Virginia $297,400 $952
Platte County Wyoming $297,900 $781
Cass County North Dakota $298,000 $958
Fairbanks North Star Borough Alaska $298,200 $1,459
Douglas County Georgia $296,900 $1,570

Other Counties in Nebraska

CountyMedian Home ValueMedian RentOwner Occ.
Sarpy County $314,100 $1,334 70.4%
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).