Loup County, Nebraska Housing Market Prices

Loup 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.

  • Median home price
    N/A
  • Median rent 36% below the Nebraska median Cheaper than 79% of counties in Nebraska
    $687

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Loup County
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Median home price

Housing Market Overview

Metric Loup County Nebraska Avg US Average
Median Home Price — $175,282 $248,835
Price Trend (Annual %) — 7.7% 7.5%
Median Gross Rent $687 $1,071 $1,407
Rent Trend (Annual %) 6.5% 4.7% 5.1%
Household Income Trend (Annual %) — — —

Rent is about 36% lower than the Nebraska average.

Affordability

Metric Loup County Nebraska Avg US Average
Median Home Price — $175,282 $248,835
Median Household Income $73,332 $76,615 $80,455
Price-to-Income Ratio — 2.3 3.1

Occupancy & Tenure

Metric Loup County Nebraska Avg US Average
Homeownership Rate 41.1% 61.5% 58.5%
Rental Rate 14.9% 30.9% 31.2%
Vacancy Rate 43.9% 7.6% 10.2%
Median Tenure (years) 16.0 14.0 15.0
Median Year Moved In 2010 2012 2011

Loup County has a homeownership rate of 41.1%, lower than the Nebraska average of 61.5%. Its housing vacancy rate is 43.9%, compared with 7.6% in Nebraska.

Housing Stock

Metric Loup County Nebraska Avg US Average
Average Household Size 2.37 people 2.42 people 2.53 people
Median Structure Built Year 1965 1974 1978
Median Number of Rooms 6.2 6.1 5.5

The typical housing unit in Loup County was built around 1965. On average, 2.4 people live in a home with about 6.2 rooms, staying for about 16.0 years on average.

Frequently Asked Questions

Common questions about the housing market in Loup County, Nebraska.

What is the median rent in Loup County, Nebraska?

The median gross rent in Loup County, Nebraska is $687 per month, lower than the Nebraska average of $1,071.

What was the median gross rent in Loup County in 2020?

In 2020, the median gross rent in Loup County, Nebraska was $712 per month.

What is the homeownership rate in Loup County, Nebraska?

41.1% of households in Loup County, Nebraska own their home, lower than the Nebraska average of 61.5%.

What is the vacancy rate in Loup County, Nebraska?

The housing vacancy rate in Loup County, Nebraska is 43.9%, higher than the Nebraska average of 7.6%.

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