Nebraska (NE) housing market
Hot MarketStatewide monthly sale-market indicators for rental investors — not a substitute for local rent comps, taxes, or insurance, but a fast read on price level, pace, and negotiation pressure.
Data period: May 2026
Market snapshot
- Median sale price
- $319K
- Median days on market
- 27 days
- Months of supply
- 1.7
- Active inventory
- 3,231
- Homes sold
- 1,958
- Sale-to-list ratio
- 100.0%
- Listings with price drop
- 31.5%
- Data month
- May 2026
Pair this view with the rental property calculator, DSCR calculator, and cap rate calculator — or browse all calculators.
Rental Investor Snapshot
Labels below come from monthly sale-market indicators only. True cash flow requires local rent, taxes, insurance, vacancy, and expense assumptions — model those in the rental calculator, then sanity-check against sale-speed signals here.
- Market temperature
- Competitive
- Buyer leverage
- High
- Pricing signal vs. U.S. median
- Easier buy-in vs. U.S. median (price only)
- Investor fit (heuristic)
- Buy-in vs. U.S. · Appreciation · Negotiation
Watch-outs
- Elevated price cuts can signal negotiation room — verify condition, rents, and comps street-by-street.
- Fast markets reward speed; avoid waiving contingencies without a plan.
Suggested next step: Run a rental property analysis with your own rent, financing, vacancy, and expense assumptions — then sanity-check against this market's sale-speed and negotiation signals.
Hot Market
Homes are selling quickly with strong competition among buyers.
Nebraska market summary
The Nebraska housing market is heating up. As of May 2026, the median home sale price is $319K, up 2.3% year-over-year. Homes are spending a median of 27 days on the market, 22.7% longer than a year ago.
There are 3,231 homes for sale — 25.9% fewer than last year. With 1.7 months of supply, this is a seller's market. 2,180 new listings were added during this period, down 15.6% year-over-year.
Homes are selling for 100.0% of their list price on average, indicating buyers are paying above asking. 42.5% of homes sell above their asking price. 31.5% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
45
Contributing Factors
How This Market Compares
vs. National Median
Investor takeaway
This is a highly competitive market. Be prepared to move quickly and potentially offer above asking price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 29% below the national median on this sale snapshot — that can mean lower buy-in, but cash flow still depends on local rent, financing, and expenses.
Nebraska market trends
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Detailed market metrics
Median list price
$328K
Price per sq ft
$162
Sale-to-list ratio
100.0%
Months of supply
1.7
Sold above list
42.5%
Price drops
31.5%
New listings
2,180
↓ 15.6% YoY
Pending sales
1,871
Nebraska housing market FAQs
What is the median home price in Nebraska?
For the latest published month, the median sale price in Nebraska is $319K. Median means half of homes sold above that price and half below — it is a useful benchmark, not a rule for every listing.
Is Nebraska a buyer's or seller's market?
With about 1.7 months of supply, conditions often favor sellers (inventory is relatively tight versus sales pace). Buyers may need to move quickly and keep offers competitive.
How long do homes stay on the market in Nebraska?
For the latest published month, the median days on market in Nebraska is 27 days — half of homes went pending faster and half slower.
Is Nebraska good for rental property investors?
Sale-market stats show how competitive buying is (speed, negotiation, inventory). They do not prove rent performance. Nebraska can still work for rentals if the numbers work on a deal-by-deal basis — use local rent comps, financing, vacancy, and expenses in the rental property calculator.
How should investors analyze a rental property in Nebraska?
Start with purchase price, financing, rent, vacancy, operating expenses, and capital repairs. Stress-test rates and rent. Will It Flow’s rental property calculator is built to translate those inputs into cash flow, DSCR, cap rate, and cash-on-cash return for Nebraska deals.
Metro markets in Nebraska
Open a metro for the same investor snapshot and trends, then run a shortlist through the DSCR calculator and cap rate calculator.
Omaha, NE
$340K median · 26 days on market
Lincoln, NE
$322K median · 20 days on market
Grand Island, NE
$282K median · 28 days on market
Norfolk, NE
$223K median · 37 days on market
Kearney, NE
$316K median · 23 days on market
Hastings, NE
$234K median · 23 days on market
North Platte, NE
$225K median · 14 days on market
Columbus, NE
$278K median · 52 days on market
Fremont, NE
$230K median · 35 days on market
Scottsbluff, NE
$199K median · 32 days on market
Beatrice, NE
$193K median · 32 days on market
Lexington, NE
$240K median · 50 days on market
More Nebraska housing market data
Compare how Nebraska fits nationally on the U.S. housing market overview, or browse the top 100 U.S. metro housing markets by sales activity.
New to underwriting? Read how much cash it takes to buy a rental in 2026 — then stress-test assumptions in the calculators above.
Underwrite a Nebraska rental with real numbers
Cash flow, Cap Rate, DSCR, and cash-on-cash return — built for speed without skipping rigor.
Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.