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 | Logan County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | — | $167,658 | $242,182 |
| Price Trend (Annual %) | — | 8.2% | 8.2% |
| Median Gross Rent | $724 | $1,035 | $1,342 |
| Rent Trend (Annual %) | 4.2% | 4.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
Rent is about 30% lower than the Nebraska average.
Affordability
| Metric | Logan County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | — | $167,658 | $242,182 |
| Median Household Income | $72,227 | $74,987 | $78,145 |
| Price-to-Income Ratio | — | 2.2 | 3.1 |
Occupancy & Tenure
| Metric | Logan County | Nebraska Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 68.5% | 61.2% | 58.2% |
| Rental Rate | 18.8% | 30.8% | 31.3% |
| Vacancy Rate | 12.6% | 8.0% | 10.6% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Logan County has a homeownership rate of 68.5%, higher than the Nebraska average of 61.2%. Its housing vacancy rate is 12.6%, compared with 8.0% in Nebraska.
Housing Stock
| Metric | Logan County | Nebraska Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.61 people | 2.43 people | 2.54 people |
| Median Structure Built Year | 1961 | 1973 | 1978 |
| Median Number of Rooms | 7.0 | 6.1 | 5.5 |
The typical housing unit in Logan County was built around 1961. On average, 2.6 people live in a home with about 7.0 rooms, staying for about 16.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Logan County, Nebraska.
What is the median rent in Logan County, Nebraska?
The median gross rent in Logan County, Nebraska is $724 per month, lower than the Nebraska average of $1,035.
What was the median gross rent in Logan County in 2020?
In 2020, the median gross rent in Logan County, Nebraska was $614 per month.
What is the homeownership rate in Logan County, Nebraska?
68.5% of households in Logan County, Nebraska own their home, higher than the Nebraska average of 61.2%.
What is the vacancy rate in Logan County, Nebraska?
The housing vacancy rate in Logan County, Nebraska is 12.6%, higher than the Nebraska average of 8.0%.