Historical data
Pick an indicator to see its long-run evolution.
Median home value
1990–2024Census / Zillow ZHVI, nominal dollars.
Home Prices
The median home price in Nebraska is about $245,000, well below the national median of roughly $412,000.
FHFA House Price Index
1975–2025FHFA all-transactions index, annual average of quarters. Source: FHFA via FRED (NESTHPI).
| Indicator | Nebraska | U.S. |
|---|---|---|
| Median Home Price | 245000 | 412000 |
- •Nebraska's home prices have risen sharply since 2020 but remain among the more affordable in the Midwest.
Median Home Value
The median home value in Nebraska is around $245,000, below the national figure.
Median value of owner-occupied homes
2008–2024Census American Community Survey 1-year estimates, B25077 (2020 not released).
| Indicator | Nebraska | U.S. |
|---|---|---|
| Median home value (USD) | 245000 | 340000 |
Rent Prices
The median gross rent in Nebraska is about $1,020 per month, below the national median of roughly $1,348.
Rent of primary residence index (Midwest region)
2006–2025BLS CPI-U, Midwest region, annual average (CUUR0200SEHA).
| Indicator | Nebraska | U.S. |
|---|---|---|
| Median Gross Rent | 1020 | 1348 |
- •Rents in Omaha and Lincoln have risen faster than the statewide average over the past five years.
Housing Inventory
Nebraska's housing stock totals about 870,000 units, with a mix of urban single-family homes and rural farmsteads.
Total housing units
2008–2024Census American Community Survey 1-year estimates, B25001 (2020 not released).
Vacant housing units
2008–2024Census American Community Survey 1-year estimates, B25002 (2020 not released).
- •Much of rural Nebraska's housing stock is aging, with many towns seeing little new construction for decades.
Building Permits
Nebraska issued about 8,500 residential building permits in 2023, with most concentrated around Omaha and Lincoln.
New private housing units authorized
1988–2025Census Building Permits Survey, sum of 12 months (FRED NEBPPRIV).
- •Sarpy County, part of the Omaha metro, is consistently one of the fastest-growing permit markets in the state.
Homeownership Rate
Nebraska's homeownership rate is about 67.5%, above the national average.
Homeownership rate (CPS/HVS)
1984–2025Census Housing Vacancy Survey, annual (FRED NEHOWN).
| Indicator | Nebraska | U.S. |
|---|---|---|
| Homeownership Rate (%) | 67.5 | 65.7 |
- •Nebraska's homeownership rate has consistently outpaced the national average for decades.
Housing Affordability
Nebraska remains relatively affordable, with median home prices about 3.4 times the median household income.
Housing price level vs U.S. (RPP rents)
2008–2024BEA Regional Price Parities, housing services (SARPP line 3).
| Indicator | Nebraska | U.S. |
|---|---|---|
| Housing price level vs U.S. (RPP rents)2024, BEA Regional Price Parities | 75.2 | 100 |
- •Omaha and Lincoln both rank among the more affordable mid-size metros for first-time homebuyers.
Vacancy Rate
Nebraska's rental vacancy rate is about 6.2%, close to the national average.
Rental vacancy rate
1986–2025Census Housing Vacancy Survey, annual (FRED NERVAC).
Homeowner vacancy rate
1986–2025Census Housing Vacancy Survey, annual (FRED NEHVAC).
| Indicator | Nebraska | U.S. |
|---|---|---|
| Rental Vacancy Rate (%) | 6.2 | 6.6 |
- •Vacancy rates in Nebraska's rural counties tend to run higher than in the Omaha-Lincoln corridor.