Hooker County, Nebraska Housing Market Prices
Hooker 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 195% above the Nebraska median Among the 3 most expensive counties in Nebraska$517,857
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Median rent 45% below the Nebraska median Cheaper than 95% of counties in Nebraska$591
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Hooker County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $517,857 | $175,282 | $248,835 |
| Price Trend (Annual %) | 142.6% | 7.7% | 7.5% |
| Median Gross Rent | $591 | $1,071 | $1,407 |
| Rent Trend (Annual %) | -0.6% | 4.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Hooker County is about 195% higher than in Nebraska. Rent is about 45% lower than the Nebraska average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2020
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Hooker County: home prices rose about 142.6% a year while rent fell about 0.6% a year. That is an unusual pattern worth watching.
Median rent in Hooker County fell about 7.1% between 2015 and 2024, from $637 to $591. Over the same span, rent in Nebraska rose about 47.6%.
Affordability
On average, housing unit costs 10.4 yearly household incomes in Hooker County.
Buying the median-priced home in Hooker County costs roughly 73.0 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 Hooker County. The price-to-rent ratio in Nebraska is about 13.6.
| Metric | Hooker County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $517,857 | $175,282 | $248,835 |
| Median Household Income | $49,778 | $76,615 | $80,455 |
| Price-to-Income Ratio | 10.4 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2020, the median home price in Hooker County rose about 619.2%, while median household income rose about 32.9% 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 | Hooker County | Nebraska Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 42.3% | 61.5% | 58.5% |
| Rental Rate | 34.1% | 30.9% | 31.2% |
| Vacancy Rate | 23.6% | 7.6% | 10.2% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
Hooker County has a homeownership rate of 42.3%, lower than the Nebraska average of 61.5%. Its housing vacancy rate is 23.6%, compared with 7.6% in Nebraska.
Housing Stock
| Metric | Hooker County | Nebraska Avg | US Average |
|---|---|---|---|
| Average Household Size | 1.86 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1956 | 1974 | 1978 |
| Median Number of Rooms | 6.1 | 6.1 | 5.5 |
The typical housing unit in Hooker County was built around 1956. On average, 1.9 people live in a home with about 6.1 rooms, staying for about 15.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Hooker County, Nebraska.
What is the median home price in Hooker County, Nebraska?
The median home price in Hooker County, Nebraska is $517,857, higher than the Nebraska average of $175,282.
What is the average home price in Hooker County, Nebraska?
The typical home price in Hooker County, Nebraska, reported as the median sale price, is $517,857. 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 Hooker County, Nebraska?
The median gross rent in Hooker County, Nebraska is $591 per month, lower than the Nebraska average of $1,071.
What was the median gross rent in Hooker County in 2020?
In 2020, the median gross rent in Hooker County, Nebraska was $532 per month.
What is the price-to-rent ratio in Hooker County, Nebraska?
The price-to-rent ratio in Hooker County, Nebraska is about 73.0, meaning it would take roughly 73.0 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 Hooker County.
Are home prices or rent rising faster in Hooker County, Nebraska?
Home prices and rent are moving in opposite directions in Hooker County: home prices rose about 142.6% a year while rent fell about 0.6% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Hooker County, Nebraska?
42.3% of households in Hooker County, Nebraska own their home, lower than the Nebraska average of 61.5%.
What is the vacancy rate in Hooker County, Nebraska?
The housing vacancy rate in Hooker County, Nebraska is 23.6%, higher than the Nebraska average of 7.6%.
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