Box Butte County, Nebraska Housing Market Prices
Box Butte County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 63% below the Nebraska median$65,220
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Median rent 30% below the Nebraska median$752
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Box Butte County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $65,220 | $175,282 | $248,835 |
| Price Trend (Annual %) | -1.5% | 7.7% | 7.5% |
| Median Gross Rent | $752 | $1,071 | $1,407 |
| Rent Trend (Annual %) | 4.1% | 4.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Box Butte County is about 63% lower than in Nebraska. Rent is about 30% lower than the Nebraska average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Box Butte County: home prices fell about 1.5% a year while rent rose about 4.1% a year. That is an unusual pattern worth watching.
Median rent in Box Butte County rose about 38.7% between 2015 and 2024, from $542 to $752. Over the same span, rent in Nebraska rose about 47.6%.
Affordability
On average, housing unit costs 1.0 yearly household incomes in Box Butte County.
Buying the median-priced home in Box Butte County costs roughly 7.2 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 Box Butte County. The price-to-rent ratio in Nebraska is about 13.6.
| Metric | Box Butte County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $65,220 | $175,282 | $248,835 |
| Median Household Income | $68,118 | $76,615 | $80,455 |
| Price-to-Income Ratio | 1.0 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Box Butte County fell about 27.2%, while median household income rose about 50.3% between 2009 and 2025 — 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 | Box Butte County | Nebraska Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.4% | 61.5% | 58.5% |
| Rental Rate | 20.0% | 30.9% | 31.2% |
| Vacancy Rate | 13.6% | 7.6% | 10.2% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Box Butte County has a homeownership rate of 66.4%, higher than the Nebraska average of 61.5%. Its housing vacancy rate is 13.6%, compared with 7.6% in Nebraska.
Housing Stock
| Metric | Box Butte County | Nebraska Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.34 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1963 | 1974 | 1978 |
| Median Number of Rooms | 5.8 | 6.1 | 5.5 |
The typical housing unit in Box Butte County was built around 1963. On average, 2.3 people live in a home with about 5.8 rooms, staying for about 16.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Box Butte County, Nebraska.
What is the median home price in Box Butte County, Nebraska?
The median home price in Box Butte County, Nebraska is $65,220, lower than the Nebraska average of $175,282.
What is the average home price in Box Butte County, Nebraska?
The typical home price in Box Butte County, Nebraska, reported as the median sale price, is $65,220. 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 Box Butte County, Nebraska?
The median gross rent in Box Butte County, Nebraska is $752 per month, lower than the Nebraska average of $1,071.
What was the median gross rent in Box Butte County in 2020?
In 2020, the median gross rent in Box Butte County, Nebraska was $687 per month.
What is the price-to-rent ratio in Box Butte County, Nebraska?
The price-to-rent ratio in Box Butte County, Nebraska is about 7.2, meaning it would take roughly 7.2 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 Box Butte County.
Are home prices or rent rising faster in Box Butte County, Nebraska?
Home prices and rent are moving in opposite directions in Box Butte County: home prices fell about 1.5% a year while rent rose about 4.1% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Box Butte County, Nebraska?
66.4% of households in Box Butte County, Nebraska own their home, higher than the Nebraska average of 61.5%.
What is the vacancy rate in Box Butte County, Nebraska?
The housing vacancy rate in Box Butte County, Nebraska is 13.6%, higher than the Nebraska average of 7.6%.
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