Nebraska Affordability
How affordable is Nebraska real estate?
Public Record + Census ACS
Median Home Price
$359.7K
Median Household Income
$71,722
Affordability Index
5.02
vs National Avg
-26.4%
Cities in Nebraska by Affordability
| # | City | Median Price | Index |
|---|---|---|---|
| 1 | Hastings | $190.3K | 2.65 |
| 2 | Fremont | $197.5K | 2.75 |
| 3 | Beatrice | $203.6K | 2.84 |
| 4 | Wahoo | $226K | 3.15 |
| 5 | Kearney | $228.8K | 3.19 |
| 6 | Blair | $240.2K | 3.35 |
| 7 | North Platte | $246.3K | 3.43 |
| 8 | Norfolk | $250.1K | 3.49 |
| 9 | Plattsmouth | $254.9K | 3.55 |
| 10 | Seward | $262.1K | 3.65 |
| 11 | Oshkosh | $280.2K | 3.91 |
| 12 | Holdrege | $324.3K | 4.52 |
| 13 | Gering | $330.3K | 4.61 |
| 14 | Bellevue | $338.6K | 4.72 |
| 15 | Columbus | $349.6K | 4.87 |
| 16 | Lincoln | $364.5K | 5.08 |
| 17 | Roca | $376.3K | 5.25 |
| 18 | Omaha | $377.5K | 5.26 |
| 19 | Grand Island | $381.2K | 5.32 |
| 20 | Wayne | $387.2K | 5.40 |
| 21 | Bennington | $394.5K | 5.50 |
| 22 | Eagle | $401.7K | 5.60 |
| 23 | Papillion | $440.4K | 6.14 |
| 24 | Hickman | $448K | 6.25 |
| 25 | La Vista | $450K | 6.27 |
| 26 | Elkhorn | $469.9K | 6.55 |
| 27 | Valley | $479.5K | 6.69 |
| 28 | Gretna | $504.1K | 7.03 |
| 29 | Waterloo | $519.3K | 7.24 |
| 30 | Ashland | $719.1K | 10.03 |
Methodology
Affordability index = local median home price ÷ state median household income. A value of 4.0 means homes cost 4x annual income (roughly the historical "rule of thumb" ceiling). Higher values = less affordable.
Income figures: US Census Bureau, ACS 5-year estimates (state level). Sale prices: MarketTimeline public-record SOLD events, last 12 months.