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 | Johnson County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $21,136 | $167,658 | $242,182 |
| Price Trend (Annual %) | 2.1% | 8.2% | 8.2% |
| Median Gross Rent | $776 | $1,035 | $1,342 |
| Rent Trend (Annual %) | 3.9% | 4.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Johnson County is about 87% lower than in Nebraska. Rent is about 25% lower than the Nebraska average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2019
Median Rent Prices, 2015-2023
Both home prices and rent are rising in Johnson County, up about 2.1% and 3.9% a year respectively. Rent is changing faster.
Median rent in Johnson County rose about 32.9% between 2015 and 2023, from $584 to $776. Over the same span, rent in Nebraska rose about 42.6%.
Affordability
On average, housing unit costs 0.4 yearly household incomes in Johnson County.
Buying the median-priced home in Johnson County costs roughly 2.3 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 Johnson County. The price-to-rent ratio in Nebraska is about 13.5.
| Metric | Johnson County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $21,136 | $167,658 | $242,182 |
| Median Household Income | $59,642 | $74,987 | $78,145 |
| Price-to-Income Ratio | 0.4 | 2.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2019, the median home price in Johnson County fell about 14.2%, while median household income rose about 34.4% between 2009 and 2023 — 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 | Johnson County | Nebraska Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.3% | 61.2% | 58.2% |
| Rental Rate | 26.4% | 30.8% | 31.3% |
| Vacancy Rate | 16.3% | 8.0% | 10.6% |
| Median Tenure (years) | 18.0 | 14.0 | 15.0 |
| Median Year Moved In | 2008 | 2012 | 2011 |
Johnson County has a homeownership rate of 57.3%, lower than the Nebraska average of 61.2%. Its housing vacancy rate is 16.3%, compared with 8.0% in Nebraska.
Housing Stock
| Metric | Johnson County | Nebraska Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.46 people | 2.43 people | 2.54 people |
| Median Structure Built Year | 1952 | 1973 | 1978 |
| Median Number of Rooms | 6.1 | 6.1 | 5.5 |
The typical housing unit in Johnson County was built around 1952. On average, 2.5 people live in a home with about 6.1 rooms, staying for about 18.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Johnson County, Nebraska.
What is the median home price in Johnson County, Nebraska?
The median home price in Johnson County, Nebraska is $21,136, lower than the Nebraska average of $167,658.
What is the average home price in Johnson 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 Johnson County, Nebraska?
The median gross rent in Johnson County, Nebraska is $776 per month, lower than the Nebraska average of $1,035.
What was the median gross rent in Johnson County in 2020?
In 2020, the median gross rent in Johnson County, Nebraska was $691 per month.
What is the price-to-rent ratio in Johnson County, Nebraska?
The price-to-rent ratio in Johnson County, Nebraska is about 2.3, meaning it would take roughly 2.3 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 Johnson County.
Are home prices or rent rising faster in Johnson County, Nebraska?
Both home prices and rent are rising in Johnson County, up about 2.1% and 3.9% a year respectively. Rent is changing faster.
What is the homeownership rate in Johnson County, Nebraska?
57.3% of households in Johnson County, Nebraska own their home, lower than the Nebraska average of 61.2%.
What is the vacancy rate in Johnson County, Nebraska?
The housing vacancy rate in Johnson County, Nebraska is 16.3%, higher than the Nebraska average of 8.0%.