Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Hayes County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | — | $167,658 | $242,182 |
| Price Trend (Annual %) | — | 8.2% | 8.2% |
| Median Gross Rent | $418 | $1,035 | $1,342 |
| Rent Trend (Annual %) | -1.0% | 4.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
Rent is about 60% lower than the Nebraska average.
Affordability
| Metric | Hayes County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | — | $167,658 | $242,182 |
| Median Household Income | $60,703 | $74,987 | $78,145 |
| Price-to-Income Ratio | — | 2.2 | 3.1 |
Occupancy & Tenure
| Metric | Hayes County | Nebraska Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 53.0% | 61.2% | 58.2% |
| Rental Rate | 21.5% | 30.8% | 31.3% |
| Vacancy Rate | 25.5% | 8.0% | 10.6% |
| Median Tenure (years) | 21.0 | 14.0 | 15.0 |
| Median Year Moved In | 2005 | 2012 | 2011 |
Hayes County has a homeownership rate of 53.0%, lower than the Nebraska average of 61.2%. Its housing vacancy rate is 25.5%, compared with 8.0% in Nebraska.
Housing Stock
| Metric | Hayes County | Nebraska Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.39 people | 2.43 people | 2.54 people |
| Median Structure Built Year | 1949 | 1973 | 1978 |
| Median Number of Rooms | 6.7 | 6.1 | 5.5 |
The typical housing unit in Hayes County was built around 1949. On average, 2.4 people live in a home with about 6.7 rooms, staying for about 21.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Hayes County, Nebraska.
What is the median rent in Hayes County, Nebraska?
The median gross rent in Hayes County, Nebraska is $418 per month, lower than the Nebraska average of $1,035.
What was the median gross rent in Hayes County in 2020?
In 2020, the median gross rent in Hayes County, Nebraska was $456 per month.
What is the homeownership rate in Hayes County, Nebraska?
53.0% of households in Hayes County, Nebraska own their home, lower than the Nebraska average of 61.2%.
What is the vacancy rate in Hayes County, Nebraska?
The housing vacancy rate in Hayes County, Nebraska is 25.5%, higher than the Nebraska average of 8.0%.