Jefferson County, Nebraska Housing Market Prices
Jefferson 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 70% below the Nebraska median Cheaper than 71% of counties in Nebraska$53,077
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Median rent 38% below the Nebraska median Cheaper than 84% of counties in Nebraska$661
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Jefferson County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $53,077 | $175,282 | $248,835 |
| Price Trend (Annual %) | 1.9% | 7.7% | 7.5% |
| Median Gross Rent | $661 | $1,071 | $1,407 |
| Rent Trend (Annual %) | 3.1% | 4.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Jefferson County is about 70% lower than in Nebraska. Rent is about 38% 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 Jefferson County, up about 1.9% and 3.1% a year respectively. Rent is changing faster.
Median rent in Jefferson County rose about 33.9% between 2015 and 2024, from $494 to $661. Over the same span, rent in Nebraska rose about 47.6%.
Affordability
On average, housing unit costs 0.9 yearly household incomes in Jefferson County.
Buying the median-priced home in Jefferson County costs roughly 6.7 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 Jefferson County. The price-to-rent ratio in Nebraska is about 13.6.
| Metric | Jefferson County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $53,077 | $175,282 | $248,835 |
| Median Household Income | $59,034 | $76,615 | $80,455 |
| Price-to-Income Ratio | 0.9 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Jefferson County rose about 38.3%, while median household income rose about 44.0% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Jefferson County | Nebraska Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 63.8% | 61.5% | 58.5% |
| Rental Rate | 21.4% | 30.9% | 31.2% |
| Vacancy Rate | 14.8% | 7.6% | 10.2% |
| Median Tenure (years) | 18.0 | 14.0 | 15.0 |
| Median Year Moved In | 2008 | 2012 | 2011 |
Jefferson County has a homeownership rate of 63.8%, higher than the Nebraska average of 61.5%. Its housing vacancy rate is 14.8%, compared with 7.6% in Nebraska.
Housing Stock
| Metric | Jefferson County | Nebraska Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.25 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1956 | 1974 | 1978 |
| Median Number of Rooms | 6.2 | 6.1 | 5.5 |
The typical housing unit in Jefferson County was built around 1956. On average, 2.2 people live in a home with about 6.2 rooms, staying for about 18.0 years on average.
Jefferson County, NE Housing Compared With Nearby Counties
How Jefferson County, NE compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Jefferson County, NE | 7,161 | $53,077 #2/2 | $661 #2/2 | 74.9% #1/2 |
| Gage County, NE | 21,629 | $313,235 | $774 | 73.5% |
Frequently Asked Questions
Common questions about the housing market in Jefferson County, Nebraska.
What is the median home price in Jefferson County, Nebraska?
The median home price in Jefferson County, Nebraska is $53,077, lower than the Nebraska average of $175,282.
What is the average home price in Jefferson County, Nebraska?
The typical home price in Jefferson County, Nebraska, reported as the median sale price, is $53,077. 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 Jefferson County, Nebraska?
The median gross rent in Jefferson County, Nebraska is $661 per month, lower than the Nebraska average of $1,071.
What was the median gross rent in Jefferson County in 2020?
In 2020, the median gross rent in Jefferson County, Nebraska was $700 per month.
What is the price-to-rent ratio in Jefferson County, Nebraska?
The price-to-rent ratio in Jefferson County, Nebraska is about 6.7, meaning it would take roughly 6.7 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 Jefferson County.
Are home prices or rent rising faster in Jefferson County, Nebraska?
Both home prices and rent are rising in Jefferson County, up about 1.9% and 3.1% a year respectively. Rent is changing faster.
What is the homeownership rate in Jefferson County, Nebraska?
63.8% of households in Jefferson County, Nebraska own their home, higher than the Nebraska average of 61.5%.
What is the vacancy rate in Jefferson County, Nebraska?
The housing vacancy rate in Jefferson County, Nebraska is 14.8%, higher than the Nebraska average of 7.6%.
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