Grand Island, Nebraska Real Estate Market Analysis

dynamic.RE

Grand Island, Nebraska

3 ZIPs in this city:68801 68802 68803

Market Hotness

Hotness Rank

Hotness Score

Supply Score

Demand Score

DOM vs US

+0.4%

Slower

Price vs US

72%

Below avg

Median Listing Price

$318K

Population

56,358

Households

22,263

Median Days on Market

Active Listings

130

New Listings

Housing Market

Pricing

Median Listing Price

$318K-4.4% YoY

Average Listing Price

$357K-0.8% YoY

Price per Sq Ft

$134.2+0.1% YoY

Median Sq Ft

2,4820.0% YoY

Inventory

Active Listings

130-12.8% YoY

New Listings

58+26.1% YoY

Total Listings

132-12.6% YoY

Buyer Competition

Pending Listings

2-33.3% YoY

Pending Ratio

0.04+91.3% YoY

Median Days on Market

60+31.7% YoY

Price Reduced

20.4%-29.3% YoY

Units & Occupancy

2024 Occupancy

26Kunits

Occupied24,58796.2%
Vacant9823.8%

2024 Tenure

25Koccupied

Owner15,23962.0%
Renter9,34838.0%

Renter Share

38.0%+3.4% YoY

Total Housing Units

25,569+0.8% YoY

FY2026 Fair Market Rent — Hall County

HUD government estimate (40th percentile) — not actual market asking rent.

Studio

$867

/month

1 BR

$978

/month

2 BR

$1,215

/month

3 BR

$1,530

/month

4 BR

$2,005

/month

FMR Trends — Hall County

Source: HUD Fair Market Rents

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Population & Age

Total Population

56,358+0.8% YoY

2024 Age Mix

56Kresidents

Under 1815,52327.5%
Adults 18–6431,94856.7%
65 & Over8,88715.8%

Age Composition Over Time2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

36.43-0.2% YoY

Population Under 18

15,523+0.8% YoY

Population 65 & Over

8,887+1.5% YoY

Households & Mobility

Total Households

22,263+0.8% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.490.0% YoY

2024 Residential Mobility

of residents

Same house82.9%
Moved (within US)16.3%
Other0.8%

Veterans

5.5%-5.5% YoY

Income & Poverty

Median Household Income

$68K+2.8% YoY

Per-Capita Income

$35K+1.7% YoY

Mean Household Income

$89K+2.4% YoY

Below Poverty Level

14.6%+20.3% YoY

Commuting

2024 Commute Mode

of workers

Drove alone78.8%
Public transit0.6%
Worked from home4.4%
Other16.3%

Worked From Home

4.4%+20.6% YoY

Mean Commute

16.92-0.8% YoY

Units & Tenure

Total Housing Units

23,057+0.8% YoY

2024 Occupancy

23Kunits

Occupied22,26396.6%
Vacant7943.4%

2024 Tenure

22Khouseholds

Owner13,37960.1%
Renter8,88439.9%

Avg Household Size — Owner

2.77+1.4% YoY

Avg Household Size — Renter

2.08-1.5% YoY

County Demographics

Median Age

36.12024

Population

Hall County Population

62,869+0.3% YoY

Households

Total Households

24,587+0.7% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.51-0.4% YoY

Age

2024 Age Mix

63Kresidents

Under 1817,15427.4%
Adults 18–6435,59356.9%
65 & Over9,78915.7%

Age Composition Over Time2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

17,154-0.4% YoY

Population 65 & Over

9,789+1.6% YoY

Median Age

36.10+0.3% YoY

Mobility & Veterans

2024 Residential Mobility

of residents

Same house84.0%
Moved (within US)15.3%
Other0.7%

Veterans

5.5%-3.5% YoY

County Economy

Income

Median Household Income

$69K+2.5% YoY

Per-Capita Income

$36K+2.5% YoY

Mean Household Income

$90K+2.7% YoY

Poverty

Below Poverty Level

14.1%+19.5% YoY

Transportation to Work

2024 Commute Mode

of workers

Drove alone79.4%
Public transit0.6%
Worked from home4.4%
Other15.6%

Worked From Home

4.4%+18.9% YoY

Mean Commute

17.50-0.6% YoY

Grand Island, Nebraska

3 ZIPs in this city:68801 68802 68803

Market Hotness

Hotness Rank

Hotness Score

Supply Score

Demand Score

DOM vs US

+0.4%

Slower

Price vs US

72%

Below avg

Median Listing Price

$318K

Population

56,358

Households

22,263

Median Days on Market

Active Listings

130

New Listings

Housing Market

Pricing

Median Listing Price

$318K-4.4% YoY

Average Listing Price

$357K-0.8% YoY

Price per Sq Ft

$134.2+0.1% YoY

Median Sq Ft

2,4820.0% YoY

Inventory

Active Listings

130-12.8% YoY

New Listings

58+26.1% YoY

Total Listings

132-12.6% YoY

Buyer Competition

Pending Listings

2-33.3% YoY

Pending Ratio

0.04+91.3% YoY

Median Days on Market

60+31.7% YoY

Price Reduced

20.4%-29.3% YoY

Units & Occupancy

2024 Occupancy

26Kunits

Occupied24,58796.2%
Vacant9823.8%

2024 Tenure

25Koccupied

Owner15,23962.0%
Renter9,34838.0%

Renter Share

38.0%+3.4% YoY

Total Housing Units

25,569+0.8% YoY

FY2026 Fair Market Rent — Hall County

HUD government estimate (40th percentile) — not actual market asking rent.

Studio

$867

/month

1 BR

$978

/month

2 BR

$1,215

/month

3 BR

$1,530

/month

4 BR

$2,005

/month

FMR Trends — Hall County

Source: HUD Fair Market Rents

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Population & Age

Total Population

56,358+0.8% YoY

2024 Age Mix

56Kresidents

Under 1815,52327.5%
Adults 18–6431,94856.7%
65 & Over8,88715.8%

Age Composition Over Time2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

36.43-0.2% YoY

Population Under 18

15,523+0.8% YoY

Population 65 & Over

8,887+1.5% YoY

Households & Mobility

Total Households

22,263+0.8% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.490.0% YoY

2024 Residential Mobility

of residents

Same house82.9%
Moved (within US)16.3%
Other0.8%

Veterans

5.5%-5.5% YoY

Income & Poverty

Median Household Income

$68K+2.8% YoY

Per-Capita Income

$35K+1.7% YoY

Mean Household Income

$89K+2.4% YoY

Below Poverty Level

14.6%+20.3% YoY

Commuting

2024 Commute Mode

of workers

Drove alone78.8%
Public transit0.6%
Worked from home4.4%
Other16.3%

Worked From Home

4.4%+20.6% YoY

Mean Commute

16.92-0.8% YoY

Units & Tenure

Total Housing Units

23,057+0.8% YoY

2024 Occupancy

23Kunits

Occupied22,26396.6%
Vacant7943.4%

2024 Tenure

22Khouseholds

Owner13,37960.1%
Renter8,88439.9%

Avg Household Size — Owner

2.77+1.4% YoY

Avg Household Size — Renter

2.08-1.5% YoY

County Demographics

Median Age

36.12024

Population

Hall County Population

62,869+0.3% YoY

Households

Total Households

24,587+0.7% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.51-0.4% YoY

Age

2024 Age Mix

63Kresidents

Under 1817,15427.4%
Adults 18–6435,59356.9%
65 & Over9,78915.7%

Age Composition Over Time2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

17,154-0.4% YoY

Population 65 & Over

9,789+1.6% YoY

Median Age

36.10+0.3% YoY

Mobility & Veterans

2024 Residential Mobility

of residents

Same house84.0%
Moved (within US)15.3%
Other0.7%

Veterans

5.5%-3.5% YoY

County Economy

Income

Median Household Income

$69K+2.5% YoY

Per-Capita Income

$36K+2.5% YoY

Mean Household Income

$90K+2.7% YoY

Poverty

Below Poverty Level

14.1%+19.5% YoY

Transportation to Work

2024 Commute Mode

of workers

Drove alone79.4%
Public transit0.6%
Worked from home4.4%
Other15.6%

Worked From Home

4.4%+18.9% YoY

Mean Commute

17.50-0.6% YoY