Housing Market Overview
| Metric |
Banner County |
Nebraska Avg |
US Average |
| Median Home Price |
— |
$167,658 |
$242,182 |
| Price Trend (Annual %) |
— |
8.2% |
8.2% |
| Median Gross Rent |
$974 |
$1,035 |
$1,342 |
| Rent Trend (Annual %) |
10.5% |
4.8% |
5.1% |
| Household Income Trend (Annual %) |
— |
— |
— |
Affordability
| Metric |
Banner County |
Nebraska Avg |
US Average |
| Median Home Price |
— |
$167,658 |
$242,182 |
| Median Household Income |
$72,954 |
$74,987 |
$78,145 |
| Price-to-Income Ratio |
— |
2.2 |
3.1 |
Occupancy & Tenure
| Metric |
Banner County |
Nebraska Avg |
US Average |
|
Homeownership Rate
|
55.6% |
61.2% |
58.2% |
| Rental Rate |
17.9% |
30.8% |
31.3% |
| Vacancy Rate |
26.5% |
8.0% |
10.6% |
|
Median Tenure (years)
|
17.0 |
14.0 |
15.0 |
| Median Year Moved In |
2009 |
2012 |
2011 |
Housing Stock
| Metric |
Banner County |
Nebraska Avg |
US Average |
| Average Household Size |
2.55 people |
2.43 people |
2.54 people |
| Median Structure Built Year |
1954 |
1973 |
1978 |
| Median
Number of Rooms
|
7.0 |
6.1 |
5.5 |