I want to... 🏠 Sell my home | 🗝️ Buy a home | 🗺️ Find a new place to live in Nebraska
💡 Key Nebraska housing market facts
Data Point | Value | Rank | Compared to National Avg |
Typical Home Value | $259,443[1] | #37 of 50 states | 29.3% lower |
Median Listing Price | $342,450[2] | #35 of 50 states | 22.2% lower |
Median Sale Price | $290,100[3] | #36 of 50 states | 30.7% lower |
30 Year Mortgage Rate | 6.96%[4] | #21 of 50 states | 0.2% lower |
Median Days on Market | 47[5] | #14 of 50 states | 16.4% shorter |
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🗺️ Buying a house in the Nebraska real estate market
Nebraska has an affordability score of 4.6, meaning it takes 4.6 years of the median household income ($63,015) to afford Nebraska's median home sale price ($290,100). Because of this, we rank Nebraska as the 8th most affordable state for buyers based strictly on prices compared to income.
Data Point | Value | Rank | Compared to National Avg |
Median Sale Price | $290,100[6] | #36 of 50 states | 30.7% lower |
30 Year Mortgage Rate | 6.96%[7] | #21 of 50 states | 0.2% lower |
Median Household Income | $63,015[8] | #25 of 50 states | 2.3% lower |
Affordability Ratio | 4.6 | #8 of 50 states | 28% lower |
Buyers Agent Commission | 2.60%[9] | #32 of 50 states | 2.4% higher |
Resources for Nebraska home buyers
Preparing to buy in Nebraska
🗺️ Selling a house in the Nebraska real estate market
According to our detailed survey of Nebraska real estate agents, listing agents (those representing the seller) charge an average commission in Nebraska of 2.91%, which is the 12th highest in the United States. Buyers' agents charge an average commission of 2.6%, which is the 19th highest in the United States.
Data Point | Value | Rank | Compared to National Avg |
Median Listing Price | $342,450[10] | #35 of 50 states | 22.2% lower |
Median Sale Price | $290,100[11] | #36 of 50 states | 30.7% lower |
Median Days on Market | 47[12] | #14 of 50 states | 16.4% shorter |
Buyer's Agent Commission | 2.60%[13] | #32 of 50 states | 2.4% higher |
Listing Agent Commission | 2.91%[14] | #39 of 50 states | 6.8% higher |
Resources for Nebraska home sellers
Preparing to sell in Nebraska
- 8 Steps to Selling a House in Nebraska
- Average Time to Sell a House in Nebraska
- When Is the Best Time to Sell a House in Nebraska?
- Top Real Estate Agents in Nebraska
Nebraska home selling costs and requirements
Moving to Nebraska
According to our recent moving trends survey[15], 5% of Americans indicated that they would choose to move to Nebraska if money were no object. Likewise, 7% of survey respondents indicated that they would move to Omaha among a choice of America's medium-sized cities.
Here's how Nebraska cities rank in a number of our research studies.
Study | Best Nebraska city | Rank |
Best Pizza Cities[16] | No ranking Nebraska cities | No ranking Nebraska cities |
Best Coffee Cities[17] | No ranking Nebraska cities | No ranking Nebraska cities |
Best LGBTQ Cities[18] | No ranking Nebraska cities | No ranking Nebraska cities |
Best Bike Cities[19] | No ranking Nebraska cities | No ranking Nebraska cities |
Best Commuter Cities[20] | No ranking Nebraska cities | No ranking Nebraska cities |