Cuming County, Nebraska Housing Market Prices
Cuming 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 87% below the Nebraska median Cheaper than 87% of counties in Nebraska$22,500
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Median rent 26% below the Nebraska median$788
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Cuming County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $22,500 | $175,282 | $248,835 |
| Price Trend (Annual %) | 1.1% | 7.7% | 7.5% |
| Median Gross Rent | $788 | $1,071 | $1,407 |
| Rent Trend (Annual %) | 3.0% | 4.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Cuming County is about 87% lower than in Nebraska. Rent is about 26% 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 Cuming County, up about 1.1% and 3.0% a year respectively. Rent is changing faster.
Median rent in Cuming County rose about 34.2% between 2015 and 2024, from $587 to $788. Over the same span, rent in Nebraska rose about 47.6%.
Affordability
On average, housing unit costs 0.3 yearly household incomes in Cuming County.
Buying the median-priced home in Cuming County costs roughly 2.4 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 Cuming County. The price-to-rent ratio in Nebraska is about 13.6.
| Metric | Cuming County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $22,500 | $175,282 | $248,835 |
| Median Household Income | $71,671 | $76,615 | $80,455 |
| Price-to-Income Ratio | 0.3 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Cuming County fell about 73.5%, while median household income rose about 58.6% 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 | Cuming County | Nebraska Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 63.2% | 61.5% | 58.5% |
| Rental Rate | 28.5% | 30.9% | 31.2% |
| Vacancy Rate | 8.3% | 7.6% | 10.2% |
| Median Tenure (years) | 18.0 | 14.0 | 15.0 |
| Median Year Moved In | 2008 | 2012 | 2011 |
Cuming County has a homeownership rate of 63.2%, higher than the Nebraska average of 61.5%. Its housing vacancy rate is 8.3%, compared with 7.6% in Nebraska.
Housing Stock
| Metric | Cuming County | Nebraska Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.33 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1956 | 1974 | 1978 |
| Median Number of Rooms | 6.6 | 6.1 | 5.5 |
The typical housing unit in Cuming County was built around 1956. On average, 2.3 people live in a home with about 6.6 rooms, staying for about 18.0 years on average.
Cuming County, NE Housing Compared With Nearby Counties
How Cuming County, NE compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Cuming County, NE | 8,975 | $22,500 #2/2 | $788 #2/2 | 68.9% #1/2 |
| Dodge County, NE | 37,351 | $156,579 | $1,059 | 66.9% |
Frequently Asked Questions
Common questions about the housing market in Cuming County, Nebraska.
What is the median home price in Cuming County, Nebraska?
The median home price in Cuming County, Nebraska is $22,500, lower than the Nebraska average of $175,282.
What is the average home price in Cuming County, Nebraska?
The typical home price in Cuming County, Nebraska, reported as the median sale price, is $22,500. 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 Cuming County, Nebraska?
The median gross rent in Cuming County, Nebraska is $788 per month, lower than the Nebraska average of $1,071.
What was the median gross rent in Cuming County in 2020?
In 2020, the median gross rent in Cuming County, Nebraska was $697 per month.
What is the price-to-rent ratio in Cuming County, Nebraska?
The price-to-rent ratio in Cuming County, Nebraska is about 2.4, meaning it would take roughly 2.4 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 Cuming County.
Are home prices or rent rising faster in Cuming County, Nebraska?
Both home prices and rent are rising in Cuming County, up about 1.1% and 3.0% a year respectively. Rent is changing faster.
What is the homeownership rate in Cuming County, Nebraska?
63.2% of households in Cuming County, Nebraska own their home, higher than the Nebraska average of 61.5%.
What is the vacancy rate in Cuming County, Nebraska?
The housing vacancy rate in Cuming County, Nebraska is 8.3%, higher than the Nebraska average of 7.6%.
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