Keith County, Nebraska Housing Market Prices
Keith 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 58% below the Nebraska median$73,750
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Median rent 28% below the Nebraska median$771
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Keith County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $73,750 | $175,282 | $248,835 |
| Price Trend (Annual %) | 6.7% | 7.7% | 7.5% |
| Median Gross Rent | $771 | $1,071 | $1,407 |
| Rent Trend (Annual %) | 3.3% | 4.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Keith County is about 58% lower than in Nebraska. Rent is about 28% lower than the Nebraska average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Keith County, up about 6.7% and 3.3% a year respectively. Home prices are changing faster.
Median rent in Keith County rose about 27.9% between 2015 and 2024, from $603 to $771. Over the same span, rent in Nebraska rose about 47.6%.
Affordability
On average, housing unit costs 1.2 yearly household incomes in Keith County.
Buying the median-priced home in Keith County costs roughly 8.0 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 Keith County. The price-to-rent ratio in Nebraska is about 13.6.
| Metric | Keith County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $73,750 | $175,282 | $248,835 |
| Median Household Income | $61,122 | $76,615 | $80,455 |
| Price-to-Income Ratio | 1.2 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Keith County rose about 2.4%, while median household income rose about 40.6% 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 | Keith County | Nebraska Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 53.0% | 61.5% | 58.5% |
| Rental Rate | 21.5% | 30.9% | 31.2% |
| Vacancy Rate | 25.5% | 7.6% | 10.2% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Keith County has a homeownership rate of 53.0%, lower than the Nebraska average of 61.5%. Its housing vacancy rate is 25.5%, compared with 7.6% in Nebraska.
Housing Stock
| Metric | Keith County | Nebraska Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.01 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1967 | 1974 | 1978 |
| Median Number of Rooms | 5.6 | 6.1 | 5.5 |
The typical housing unit in Keith County was built around 1967. On average, 2.0 people live in a home with about 5.6 rooms, staying for about 16.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Keith County, Nebraska.
What is the median home price in Keith County, Nebraska?
The median home price in Keith County, Nebraska is $73,750, lower than the Nebraska average of $175,282.
What is the average home price in Keith County, Nebraska?
The typical home price in Keith County, Nebraska, reported as the median sale price, is $73,750. 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 Keith County, Nebraska?
The median gross rent in Keith County, Nebraska is $771 per month, lower than the Nebraska average of $1,071.
What was the median gross rent in Keith County in 2020?
In 2020, the median gross rent in Keith County, Nebraska was $667 per month.
What is the price-to-rent ratio in Keith County, Nebraska?
The price-to-rent ratio in Keith County, Nebraska is about 8.0, meaning it would take roughly 8.0 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 Keith County.
Are home prices or rent rising faster in Keith County, Nebraska?
Both home prices and rent are rising in Keith County, up about 6.7% and 3.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Keith County, Nebraska?
53.0% of households in Keith County, Nebraska own their home, lower than the Nebraska average of 61.5%.
What is the vacancy rate in Keith County, Nebraska?
The housing vacancy rate in Keith County, Nebraska is 25.5%, higher than the Nebraska average of 7.6%.
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