Wayne County, Nebraska Housing Market

In Wayne County, Nebraska, the median home value is $221,600, with a median monthly rent of $800. This places Wayne County at #1169 nationally out of 3134 counties by median home value, and #14 within Nebraska.

Median Home Value $221,600
Median Rent $800/mo
Owner Occupancy 61.3%
Price/Rent Ratio 23.1

📈 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 Wayne County fell -7.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

2,781
jobs (private sector)
  • Avg weekly wage: $833
  • Establishments: 252
  • BLS QCEW, 2025
🏗️

Housing Supply

13
new units authorized (2025)
  • Single-family: 5
  • Multi-family: 8
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+161
net migration (filers, 2021-2022)
  • Inflow: 3,196 (avg $77,599)
  • Outflow: 3,035 (avg $78,998)
  • IRS Statistics of Income

How Wayne County Compares

MetricWayne CountyNebraska AverageU.S. Average
Median Home Value $221,600 $164,635 $227,706
Median Gross Rent $800 $796 $968
Owner Occupancy Rate 61.3% 74.0% 73.3%
Price/Rent Ratio 23.1 17.2 18.7

Market Analysis

The median home value in Wayne County is 34.6% above the Nebraska state average and 2.7% below the U.S. national average. The median rent of $800/month is 0.5% above the state average.

With a price-to-rent ratio of 23.1, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Wayne County has an owner-occupancy rate of 61.3%, 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
Jasper County Indiana $221,500 $962
Niobrara County Wyoming $221,500 $605
Weston County Wyoming $221,700 $698
St. Louis County Minnesota $221,400 $1,013
Cumberland County New Jersey $221,400 $1,282

Other Counties in Nebraska

CountyMedian Home ValueMedian RentOwner Occ.
Kearney County $223,400 $857 77.5%
Platte County $223,900 $897 71.6%
Hall County $224,600 $943 62.0%
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).