Markets  ›  Nebraska

Nebraska housing market

In the Cornhusker State, part of the Census Bureau's West North Central division, Pecan Street tracks three markets. Median sale prices run from $262K in Grand Island to $336K in Omaha over Jul–Sep 2026. Two of three are higher than a year earlier and one is lower; Lincoln leads at +4.7% and Grand Island trails at -7.7%.

Homes sit longest in Grand Island (64 median days on market) and sell fastest in Omaha (37 days). The share of active listings with a price cut runs from 25% in Lincoln to 32% in Omaha. Price-to-rent ratios run from about 15 in Grand Island to 16 in Lincoln, measured as years of HUD Fair Market Rent per median sale price. Among the 383 U.S. metros Pecan Street tracks, the Grand Island metro has the 2nd-slowest year-over-year price growth and the Omaha metro the 17th-fewest median days on market. Nebraska's unemployment rate was 2.9% in Sep 2026 (BLS via FRED), below the national rate of 4.2%.

Markets at a glance

MarketMedian sale priceYoYDays on marketPrice-cut sharePrice-to-rent
Grand Island$262K-7.7%6427%≈ 15
Lincoln$323K+4.7%3825%≈ 16
Omaha$336K+3.9%3732%≈ 15

Median sale price and year-over-year change from Redfin (rolling three months); median days on market and the share of active listings with a price cut from Realtor.com; price-to-rent is each market page's figure (its median sale price over a year of HUD Fair Market Rent). Figures are per metro market, not statewide.

Recent signals

No market signals flagged across this state right now.