Cedar County, Nebraska Housing Market Prices
Cedar 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 8% above the Nebraska median More expensive than 79% of counties in Nebraska$189,999
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Median rent 33% below the Nebraska median$716
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Cedar County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $189,999 | $175,282 | $248,835 |
| Price Trend (Annual %) | 16.1% | 7.7% | 7.5% |
| Median Gross Rent | $716 | $1,071 | $1,407 |
| Rent Trend (Annual %) | 2.2% | 4.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Cedar County is about 8% higher than in Nebraska. Rent is about 33% lower than the Nebraska average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Cedar County, up about 16.1% and 2.2% a year respectively. Home prices are changing faster.
Median rent in Cedar County rose about 28.2% between 2015 and 2024, from $558 to $716. Over the same span, rent in Nebraska rose about 47.6%.
Affordability
On average, housing unit costs 2.6 yearly household incomes in Cedar County.
Buying the median-priced home in Cedar County costs roughly 22.1 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Cedar County. The price-to-rent ratio in Nebraska is about 13.6.
| Metric | Cedar County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $189,999 | $175,282 | $248,835 |
| Median Household Income | $73,848 | $76,615 | $80,455 |
| Price-to-Income Ratio | 2.6 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Cedar County rose about 200.3%, while median household income rose about 66.6% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Cedar County | Nebraska Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 70.3% | 61.5% | 58.5% |
| Rental Rate | 18.1% | 30.9% | 31.2% |
| Vacancy Rate | 11.7% | 7.6% | 10.2% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Cedar County has a homeownership rate of 70.3%, higher than the Nebraska average of 61.5%. Its housing vacancy rate is 11.7%, compared with 7.6% in Nebraska.
Housing Stock
| Metric | Cedar County | Nebraska Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.38 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1967 | 1974 | 1978 |
| Median Number of Rooms | 6.7 | 6.1 | 5.5 |
The typical housing unit in Cedar County was built around 1967. On average, 2.4 people live in a home with about 6.7 rooms, staying for about 16.0 years on average.
Cedar County, NE Housing Compared With Nearby Counties
How Cedar County, NE compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Cedar County, NE | 8,315 | $189,999 #1/2 | $716 #2/2 | 79.6% #1/2 |
| Clay County, SD | 15,219 | $178,750 | $769 | 50.8% |
Frequently Asked Questions
Common questions about the housing market in Cedar County, Nebraska.
What is the median home price in Cedar County, Nebraska?
The median home price in Cedar County, Nebraska is $189,999, higher than the Nebraska average of $175,282.
What is the average home price in Cedar County, Nebraska?
The typical home price in Cedar County, Nebraska, reported as the median sale price, is $189,999. 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 Cedar County, Nebraska?
The median gross rent in Cedar County, Nebraska is $716 per month, lower than the Nebraska average of $1,071.
What was the median gross rent in Cedar County in 2020?
In 2020, the median gross rent in Cedar County, Nebraska was $673 per month.
What is the price-to-rent ratio in Cedar County, Nebraska?
The price-to-rent ratio in Cedar County, Nebraska is about 22.1, meaning it would take roughly 22.1 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Cedar County.
Are home prices or rent rising faster in Cedar County, Nebraska?
Both home prices and rent are rising in Cedar County, up about 16.1% and 2.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Cedar County, Nebraska?
70.3% of households in Cedar County, Nebraska own their home, higher than the Nebraska average of 61.5%.
What is the vacancy rate in Cedar County, Nebraska?
The housing vacancy rate in Cedar County, Nebraska is 11.7%, higher than the Nebraska average of 7.6%.
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