Platte County, Nebraska Housing Market Prices
Platte 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$73,077
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Median rent 16% below the Nebraska median More expensive than 76% of counties in Nebraska$896
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Platte County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $73,077 | $175,282 | $248,835 |
| Price Trend (Annual %) | 41.6% | 7.7% | 7.5% |
| Median Gross Rent | $896 | $1,071 | $1,407 |
| Rent Trend (Annual %) | 3.7% | 4.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Platte County is about 58% lower than in Nebraska. Rent is about 16% 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 Platte County, up about 41.6% and 3.7% a year respectively. Home prices are changing faster.
Median rent in Platte County rose about 36.2% between 2015 and 2024, from $658 to $896. Over the same span, rent in Nebraska rose about 47.6%.
Affordability
On average, housing unit costs 1.0 yearly household incomes in Platte County.
Buying the median-priced home in Platte County costs roughly 6.8 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 Platte County. The price-to-rent ratio in Nebraska is about 13.6.
| Metric | Platte County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $73,077 | $175,282 | $248,835 |
| Median Household Income | $71,554 | $76,615 | $80,455 |
| Price-to-Income Ratio | 1.0 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Platte County rose about 39.2%, while median household income rose about 41.0% 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 | Platte County | Nebraska Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 68.3% | 61.5% | 58.5% |
| Rental Rate | 27.1% | 30.9% | 31.2% |
| Vacancy Rate | 4.7% | 7.6% | 10.2% |
| Median Tenure (years) | 17.0 | 14.0 | 15.0 |
| Median Year Moved In | 2009 | 2012 | 2011 |
Platte County has a homeownership rate of 68.3%, higher than the Nebraska average of 61.5%. Its housing vacancy rate is 4.7%, compared with 7.6% in Nebraska.
Housing Stock
| Metric | Platte County | Nebraska Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.51 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1969 | 1974 | 1978 |
| Median Number of Rooms | 6.3 | 6.1 | 5.5 |
The typical housing unit in Platte County was built around 1969. On average, 2.5 people live in a home with about 6.3 rooms, staying for about 17.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Platte County, Nebraska.
What is the median home price in Platte County, Nebraska?
The median home price in Platte County, Nebraska is $73,077, lower than the Nebraska average of $175,282.
What is the average home price in Platte County, Nebraska?
The typical home price in Platte County, Nebraska, reported as the median sale price, is $73,077. 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 Platte County, Nebraska?
The median gross rent in Platte County, Nebraska is $896 per month, lower than the Nebraska average of $1,071.
What was the median gross rent in Platte County in 2020?
In 2020, the median gross rent in Platte County, Nebraska was $741 per month.
What is the price-to-rent ratio in Platte County, Nebraska?
The price-to-rent ratio in Platte County, Nebraska is about 6.8, meaning it would take roughly 6.8 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 Platte County.
Are home prices or rent rising faster in Platte County, Nebraska?
Both home prices and rent are rising in Platte County, up about 41.6% and 3.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Platte County, Nebraska?
68.3% of households in Platte County, Nebraska own their home, higher than the Nebraska average of 61.5%.
What is the vacancy rate in Platte County, Nebraska?
The housing vacancy rate in Platte County, Nebraska is 4.7%, lower than the Nebraska average of 7.6%.
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