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 | Holt County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $53,934 | $167,658 | $242,182 |
| Price Trend (Annual %) | 27.6% | 8.2% | 8.2% |
| Median Gross Rent | $723 | $1,035 | $1,342 |
| Rent Trend (Annual %) | 3.9% | 4.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Holt County is about 68% lower than in Nebraska. Rent is about 30% lower than the Nebraska average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in Holt County, up about 27.6% and 3.9% a year respectively. Home prices are changing faster.
Median rent in Holt County rose about 21.1% between 2015 and 2023, from $597 to $723. Over the same span, rent in Nebraska rose about 42.6%.
Affordability
On average, housing unit costs 0.8 yearly household incomes in Holt County.
Buying the median-priced home in Holt County costs roughly 6.2 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 Holt County. The price-to-rent ratio in Nebraska is about 13.5.
| Metric | Holt County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $53,934 | $167,658 | $242,182 |
| Median Household Income | $68,214 | $74,987 | $78,145 |
| Price-to-Income Ratio | 0.8 | 2.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Holt County rose about 81.5%, while median household income rose about 79.7% between 2009 and 2023 — 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 | Holt County | Nebraska Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 60.3% | 61.2% | 58.2% |
| Rental Rate | 22.5% | 30.8% | 31.3% |
| Vacancy Rate | 17.1% | 8.0% | 10.6% |
| Median Tenure (years) | 18.0 | 14.0 | 15.0 |
| Median Year Moved In | 2008 | 2012 | 2011 |
Holt County has a homeownership rate of 60.3%, lower than the Nebraska average of 61.2%. Its housing vacancy rate is 17.1%, compared with 8.0% in Nebraska.
Housing Stock
| Metric | Holt County | Nebraska Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.45 people | 2.43 people | 2.54 people |
| Median Structure Built Year | 1963 | 1973 | 1978 |
| Median Number of Rooms | 6.5 | 6.1 | 5.5 |
The typical housing unit in Holt County was built around 1963. On average, 2.4 people live in a home with about 6.5 rooms, staying for about 18.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Holt County, Nebraska.
What is the median home price in Holt County, Nebraska?
The median home price in Holt County, Nebraska is $53,934, lower than the Nebraska average of $167,658.
What is the average home price in Holt County, Nebraska?
The typical home price in %s, reported as the median sale price, is %s. 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 Holt County, Nebraska?
The median gross rent in Holt County, Nebraska is $723 per month, lower than the Nebraska average of $1,035.
What was the median gross rent in Holt County in 2020?
In 2020, the median gross rent in Holt County, Nebraska was $661 per month.
What is the price-to-rent ratio in Holt County, Nebraska?
The price-to-rent ratio in Holt County, Nebraska is about 6.2, meaning it would take roughly 6.2 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 Holt County.
Are home prices or rent rising faster in Holt County, Nebraska?
Both home prices and rent are rising in Holt County, up about 27.6% and 3.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Holt County, Nebraska?
60.3% of households in Holt County, Nebraska own their home, lower than the Nebraska average of 61.2%.
What is the vacancy rate in Holt County, Nebraska?
The housing vacancy rate in Holt County, Nebraska is 17.1%, higher than the Nebraska average of 8.0%.