Wheeler County, Nebraska Housing Market
In Wheeler County, Nebraska, the median home value is $146,500, with a median monthly rent of $509. This places Wheeler County at #2290 nationally out of 3134 counties by median home value, and #58 within Nebraska.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $863
- Establishments: 34
- BLS QCEW, 2025
Housing Supply
- Single-family: 2
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 326 (avg $50,236)
- Outflow: 306 (avg $50,150)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Wheeler County Compares
| Metric | Wheeler County | Nebraska Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $146,500 | $164,635 | $227,706 |
| Median Gross Rent | $509 | $796 | $968 |
| Owner Occupancy Rate | 77.7% | 74.0% | 73.3% |
| Price/Rent Ratio | 24.0 | 17.2 | 18.7 |
Market Analysis
The median home value in Wheeler County is 11.0% below the Nebraska state average and 35.7% below the U.S. national average. The median rent of $509/month is 36.1% below the state average.
With a price-to-rent ratio of 24.0, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Wheeler County has an owner-occupancy rate of 77.7%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Saluda County | South Carolina | $146,500 | $851 |
| Noble County | Oklahoma | $146,400 | $826 |
| Cass County | Texas | $146,400 | $852 |
| Mercer County | Illinois | $146,700 | $786 |
| Texas County | Missouri | $146,700 | $665 |
Other Counties in Nebraska
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Burt County | $147,000 | $708 | 75.0% |
| Harlan County | $145,800 | $657 | 85.8% |
| Colfax County | $144,700 | $980 | 76.3% |
| Dundy County | $143,400 | $656 | 73.6% |
| Frontier County | $149,800 | $666 | 74.0% |
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).