Hitchcock County, Nebraska Housing Market Prices
Hitchcock 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 22% above the Nebraska median More expensive than 83% of counties in Nebraska$213,541
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Median rent 33% below the Nebraska median$714
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Hitchcock County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $213,541 | $175,282 | $248,835 |
| Price Trend (Annual %) | 34.5% | 7.7% | 7.5% |
| Median Gross Rent | $714 | $1,071 | $1,407 |
| Rent Trend (Annual %) | 1.1% | 4.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Hitchcock County is about 22% 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 Hitchcock County, up about 34.5% and 1.1% a year respectively. Home prices are changing faster.
Median rent in Hitchcock County rose about 13.0% between 2015 and 2024, from $631 to $714. Over the same span, rent in Nebraska rose about 47.6%.
Affordability
On average, housing unit costs 4.0 yearly household incomes in Hitchcock County.
Buying the median-priced home in Hitchcock County costs roughly 24.9 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 Hitchcock County. The price-to-rent ratio in Nebraska is about 13.6.
| Metric | Hitchcock County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $213,541 | $175,282 | $248,835 |
| Median Household Income | $53,211 | $76,615 | $80,455 |
| Price-to-Income Ratio | 4.0 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Hitchcock County rose about 323.6%, while median household income rose about 36.8% 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 | Hitchcock County | Nebraska Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 56.0% | 61.5% | 58.5% |
| Rental Rate | 15.2% | 30.9% | 31.2% |
| Vacancy Rate | 28.8% | 7.6% | 10.2% |
| Median Tenure (years) | 18.0 | 14.0 | 15.0 |
| Median Year Moved In | 2008 | 2012 | 2011 |
Hitchcock County has a homeownership rate of 56.0%, lower than the Nebraska average of 61.5%. Its housing vacancy rate is 28.8%, compared with 7.6% in Nebraska.
Housing Stock
| Metric | Hitchcock County | Nebraska Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.29 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1952 | 1974 | 1978 |
| Median Number of Rooms | 5.9 | 6.1 | 5.5 |
The typical housing unit in Hitchcock County was built around 1952. On average, 2.3 people live in a home with about 5.9 rooms, staying for about 18.0 years on average.
Hitchcock County, NE Housing Compared With Nearby Counties
How Hitchcock County, NE compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Hitchcock County, NE | 2,569 | $213,541 #1/2 | $714 #2/2 | 78.7% #1/2 |
| Red Willow County, NE | 10,557 | $172,628 | $819 | 73.0% |
Frequently Asked Questions
Common questions about the housing market in Hitchcock County, Nebraska.
What is the median home price in Hitchcock County, Nebraska?
The median home price in Hitchcock County, Nebraska is $213,541, higher than the Nebraska average of $175,282.
What is the average home price in Hitchcock County, Nebraska?
The typical home price in Hitchcock County, Nebraska, reported as the median sale price, is $213,541. 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 Hitchcock County, Nebraska?
The median gross rent in Hitchcock County, Nebraska is $714 per month, lower than the Nebraska average of $1,071.
What was the median gross rent in Hitchcock County in 2020?
In 2020, the median gross rent in Hitchcock County, Nebraska was $641 per month.
What is the price-to-rent ratio in Hitchcock County, Nebraska?
The price-to-rent ratio in Hitchcock County, Nebraska is about 24.9, meaning it would take roughly 24.9 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 Hitchcock County.
Are home prices or rent rising faster in Hitchcock County, Nebraska?
Both home prices and rent are rising in Hitchcock County, up about 34.5% and 1.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Hitchcock County, Nebraska?
56.0% of households in Hitchcock County, Nebraska own their home, lower than the Nebraska average of 61.5%.
What is the vacancy rate in Hitchcock County, Nebraska?
The housing vacancy rate in Hitchcock County, Nebraska is 28.8%, higher than the Nebraska average of 7.6%.
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