Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Antelope County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $10,000 | $167,658 | $242,182 |
| Price Trend (Annual %) | -23.9% | 8.2% | 8.2% |
| Median Gross Rent | $746 | $1,035 | $1,342 |
| Rent Trend (Annual %) | 5.6% | 4.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Antelope County is about 94% lower than in Nebraska. Rent is about 28% lower than the Nebraska average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Home prices and rent are moving in opposite directions in Antelope County: home prices fell about 23.9% a year while rent rose about 5.6% a year. That is an unusual pattern worth watching.
Median rent in Antelope County rose about 54.3% between 2015 and 2023, from $483 to $746. Over the same span, rent in Nebraska rose about 42.6%.
Affordability
On average, housing unit costs 0.2 yearly household incomes in Antelope County.
Buying the median-priced home in Antelope County costs roughly 1.1 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Antelope County. The price-to-rent ratio in Nebraska is about 13.5.
| Metric | Antelope County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $10,000 | $167,658 | $242,182 |
| Median Household Income | $64,897 | $74,987 | $78,145 |
| Price-to-Income Ratio | 0.2 | 2.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Antelope County fell about 89.0%, while median household income rose about 79.5% between 2009 and 2023 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Antelope County | Nebraska Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 64.6% | 61.2% | 58.2% |
| Rental Rate | 20.8% | 30.8% | 31.3% |
| Vacancy Rate | 14.5% | 8.0% | 10.6% |
| Median Tenure (years) | 18.0 | 14.0 | 15.0 |
| Median Year Moved In | 2008 | 2012 | 2011 |
Antelope County has a homeownership rate of 64.6%, higher than the Nebraska average of 61.2%. Its housing vacancy rate is 14.5%, compared with 8.0% in Nebraska.
Housing Stock
| Metric | Antelope County | Nebraska Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.32 people | 2.43 people | 2.54 people |
| Median Structure Built Year | 1958 | 1973 | 1978 |
| Median Number of Rooms | 6.4 | 6.1 | 5.5 |
The typical housing unit in Antelope County was built around 1958. On average, 2.3 people live in a home with about 6.4 rooms, staying for about 18.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Antelope County, Nebraska.
What is the median home price in Antelope County, Nebraska?
The median home price in Antelope County, Nebraska is $10,000, lower than the Nebraska average of $167,658.
What is the average home price in Antelope County, Nebraska?
The typical home price in %s, reported as the median sale price, is %s. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Antelope County, Nebraska?
The median gross rent in Antelope County, Nebraska is $746 per month, lower than the Nebraska average of $1,035.
What was the median gross rent in Antelope County in 2020?
In 2020, the median gross rent in Antelope County, Nebraska was $616 per month.
What is the price-to-rent ratio in Antelope County, Nebraska?
The price-to-rent ratio in Antelope County, Nebraska is about 1.1, meaning it would take roughly 1.1 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Antelope County.
Are home prices or rent rising faster in Antelope County, Nebraska?
Home prices and rent are moving in opposite directions in Antelope County: home prices fell about 23.9% a year while rent rose about 5.6% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Antelope County, Nebraska?
64.6% of households in Antelope County, Nebraska own their home, higher than the Nebraska average of 61.2%.
What is the vacancy rate in Antelope County, Nebraska?
The housing vacancy rate in Antelope County, Nebraska is 14.5%, higher than the Nebraska average of 8.0%.