Dundy County, Nebraska Housing Market Prices
Dundy 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 79% below the Nebraska median Cheaper than 80% of counties in Nebraska$37,197
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Median rent 39% below the Nebraska median Cheaper than 86% of counties in Nebraska$656
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Dundy County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $37,197 | $175,282 | $248,835 |
| Price Trend (Annual %) | 13.7% | 7.7% | 7.5% |
| Median Gross Rent | $656 | $1,071 | $1,407 |
| Rent Trend (Annual %) | 3.4% | 4.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Dundy County is about 79% lower than in Nebraska. Rent is about 39% 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 Dundy County, up about 13.7% and 3.4% a year respectively. Home prices are changing faster.
Median rent in Dundy County rose about 44.4% between 2015 and 2024, from $454 to $656. Over the same span, rent in Nebraska rose about 47.6%.
Affordability
On average, housing unit costs 0.6 yearly household incomes in Dundy County.
Buying the median-priced home in Dundy County costs roughly 4.7 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 Dundy County. The price-to-rent ratio in Nebraska is about 13.6.
| Metric | Dundy County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $37,197 | $175,282 | $248,835 |
| Median Household Income | $58,376 | $76,615 | $80,455 |
| Price-to-Income Ratio | 0.6 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Dundy County rose about 31.8%, while median household income rose about 42.1% 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 | Dundy County | Nebraska Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.6% | 61.5% | 58.5% |
| Rental Rate | 20.7% | 30.9% | 31.2% |
| Vacancy Rate | 21.7% | 7.6% | 10.2% |
| Median Tenure (years) | 20.0 | 14.0 | 15.0 |
| Median Year Moved In | 2006 | 2012 | 2011 |
Dundy County has a homeownership rate of 57.6%, lower than the Nebraska average of 61.5%. Its housing vacancy rate is 21.7%, compared with 7.6% in Nebraska.
Housing Stock
| Metric | Dundy County | Nebraska Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.18 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1954 | 1974 | 1978 |
| Median Number of Rooms | 6.1 | 6.1 | 5.5 |
The typical housing unit in Dundy County was built around 1954. On average, 2.2 people live in a home with about 6.1 rooms, staying for about 20.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Dundy County, Nebraska.
What is the median home price in Dundy County, Nebraska?
The median home price in Dundy County, Nebraska is $37,197, lower than the Nebraska average of $175,282.
What is the average home price in Dundy County, Nebraska?
The typical home price in Dundy County, Nebraska, reported as the median sale price, is $37,197. 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 Dundy County, Nebraska?
The median gross rent in Dundy County, Nebraska is $656 per month, lower than the Nebraska average of $1,071.
What was the median gross rent in Dundy County in 2020?
In 2020, the median gross rent in Dundy County, Nebraska was $490 per month.
What is the price-to-rent ratio in Dundy County, Nebraska?
The price-to-rent ratio in Dundy County, Nebraska is about 4.7, meaning it would take roughly 4.7 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 Dundy County.
Are home prices or rent rising faster in Dundy County, Nebraska?
Both home prices and rent are rising in Dundy County, up about 13.7% and 3.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Dundy County, Nebraska?
57.6% of households in Dundy County, Nebraska own their home, lower than the Nebraska average of 61.5%.
What is the vacancy rate in Dundy County, Nebraska?
The housing vacancy rate in Dundy County, Nebraska is 21.7%, higher than the Nebraska average of 7.6%.
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