Rock County, Nebraska Housing Market Prices
Rock 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 95% below the Nebraska median Cheaper than 93% of counties in Nebraska$9,499
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Median rent 40% below the Nebraska median Cheaper than 90% of counties in Nebraska$643
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Rock County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $9,499 | $175,282 | $248,835 |
| Price Trend (Annual %) | — | 7.7% | 7.5% |
| Median Gross Rent | $643 | $1,071 | $1,407 |
| Rent Trend (Annual %) | 2.9% | 4.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Rock County is about 95% lower than in Nebraska. Rent is about 40% lower than the Nebraska average.
Median Home and Rent Price Trends
Median Home Prices, 2015
Median Rent Prices, 2015-2024
Median rent in Rock County rose about 8.8% between 2015 and 2024, from $591 to $643. Over the same span, rent in Nebraska rose about 47.6%.
Affordability
On average, housing unit costs 0.2 yearly household incomes in Rock County.
Buying the median-priced home in Rock County costs roughly 1.2 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 Rock County. The price-to-rent ratio in Nebraska is about 13.6.
| Metric | Rock County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $9,499 | $175,282 | $248,835 |
| Median Household Income | $58,845 | $76,615 | $80,455 |
| Price-to-Income Ratio | 0.2 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Occupancy & Tenure
| Metric | Rock County | Nebraska Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 51.4% | 61.5% | 58.5% |
| Rental Rate | 22.7% | 30.9% | 31.2% |
| Vacancy Rate | 25.8% | 7.6% | 10.2% |
| Median Tenure (years) | 18.0 | 14.0 | 15.0 |
| Median Year Moved In | 2008 | 2012 | 2011 |
Rock County has a homeownership rate of 51.4%, lower than the Nebraska average of 61.5%. Its housing vacancy rate is 25.8%, compared with 7.6% in Nebraska.
Housing Stock
| Metric | Rock County | Nebraska Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.13 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1965 | 1974 | 1978 |
| Median Number of Rooms | 6.5 | 6.1 | 5.5 |
The typical housing unit in Rock County was built around 1965. On average, 2.1 people live in a home with about 6.5 rooms, staying for about 18.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Rock County, Nebraska.
What is the median home price in Rock County, Nebraska?
The median home price in Rock County, Nebraska is $9,499, lower than the Nebraska average of $175,282.
What is the average home price in Rock County, Nebraska?
The typical home price in Rock County, Nebraska, reported as the median sale price, is $9,499. 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 Rock County, Nebraska?
The median gross rent in Rock County, Nebraska is $643 per month, lower than the Nebraska average of $1,071.
What was the median gross rent in Rock County in 2020?
In 2020, the median gross rent in Rock County, Nebraska was $509 per month.
What is the price-to-rent ratio in Rock County, Nebraska?
The price-to-rent ratio in Rock County, Nebraska is about 1.2, meaning it would take roughly 1.2 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 Rock County.
What is the homeownership rate in Rock County, Nebraska?
51.4% of households in Rock County, Nebraska own their home, lower than the Nebraska average of 61.5%.
What is the vacancy rate in Rock County, Nebraska?
The housing vacancy rate in Rock County, Nebraska is 25.8%, higher than the Nebraska average of 7.6%.
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