Hayes County, Nebraska Housing Market Prices

Hayes 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.

  • Median home price
    N/A
  • Median rent 53% below the Nebraska median Among the top 3 cheapest counties in Nebraska
    $508

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Hayes County
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Median home price

Housing Market Overview

Metric Hayes County Nebraska Avg US Average
Median Home Price — $175,282 $248,835
Price Trend (Annual %) — 7.7% 7.5%
Median Gross Rent $508 $1,071 $1,407
Rent Trend (Annual %) 1.8% 4.7% 5.1%
Household Income Trend (Annual %) — — —

Rent is about 53% lower than the Nebraska average.

Affordability

Metric Hayes County Nebraska Avg US Average
Median Home Price — $175,282 $248,835
Median Household Income $63,940 $76,615 $80,455
Price-to-Income Ratio — 2.3 3.1

Occupancy & Tenure

Metric Hayes County Nebraska Avg US Average
Homeownership Rate 52.6% 61.5% 58.5%
Rental Rate 24.8% 30.9% 31.2%
Vacancy Rate 22.6% 7.6% 10.2%
Median Tenure (years) 21.0 14.0 15.0
Median Year Moved In 2005 2012 2011

Hayes County has a homeownership rate of 52.6%, lower than the Nebraska average of 61.5%. Its housing vacancy rate is 22.6%, compared with 7.6% in Nebraska.

Housing Stock

Metric Hayes County Nebraska Avg US Average
Average Household Size 2.24 people 2.42 people 2.53 people
Median Structure Built Year 1948 1974 1978
Median Number of Rooms 6.5 6.1 5.5

The typical housing unit in Hayes County was built around 1948. On average, 2.2 people live in a home with about 6.5 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 $508 per month, lower than the Nebraska average of $1,071.

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?

52.6% of households in Hayes County, Nebraska own their home, lower than the Nebraska average of 61.5%.

What is the vacancy rate in Hayes County, Nebraska?

The housing vacancy rate in Hayes County, Nebraska is 22.6%, higher than the Nebraska average of 7.6%.

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