Thurston County, Nebraska Housing Market Prices
Thurston 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 90% below the Nebraska median Cheaper than 90% of counties in Nebraska$17,749
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Median rent 35% below the Nebraska median Cheaper than 74% of counties in Nebraska$698
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Thurston County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $17,749 | $175,282 | $248,835 |
| Price Trend (Annual %) | -10.7% | 7.7% | 7.5% |
| Median Gross Rent | $698 | $1,071 | $1,407 |
| Rent Trend (Annual %) | 3.1% | 4.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Thurston County is about 90% lower than in Nebraska. Rent is about 35% lower than the Nebraska average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Thurston County: home prices fell about 10.7% a year while rent rose about 3.1% a year. That is an unusual pattern worth watching.
Median rent in Thurston County rose about 33.1% between 2015 and 2024, from $524 to $698. Over the same span, rent in Nebraska rose about 47.6%.
Affordability
On average, housing unit costs 0.3 yearly household incomes in Thurston County.
Buying the median-priced home in Thurston County costs roughly 2.1 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 Thurston County. The price-to-rent ratio in Nebraska is about 13.6.
| Metric | Thurston County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $17,749 | $175,282 | $248,835 |
| Median Household Income | $69,578 | $76,615 | $80,455 |
| Price-to-Income Ratio | 0.3 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Thurston County fell about 71.0%, while median household income rose about 58.3% 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 | Thurston County | Nebraska Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 53.0% | 61.5% | 58.5% |
| Rental Rate | 33.9% | 30.9% | 31.2% |
| Vacancy Rate | 13.1% | 7.6% | 10.2% |
| Median Tenure (years) | 19.0 | 14.0 | 15.0 |
| Median Year Moved In | 2007 | 2012 | 2011 |
Thurston County has a homeownership rate of 53.0%, lower than the Nebraska average of 61.5%. Its housing vacancy rate is 13.1%, compared with 7.6% in Nebraska.
Housing Stock
| Metric | Thurston County | Nebraska Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.27 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1963 | 1974 | 1978 |
| Median Number of Rooms | 5.4 | 6.1 | 5.5 |
The typical housing unit in Thurston County was built around 1963. On average, 3.3 people live in a home with about 5.4 rooms, staying for about 19.0 years on average.
Thurston County, NE Housing Compared With Nearby Counties
How Thurston County, NE compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Thurston County, NE | 6,627 | $17,749 #2/2 | $698 #2/2 | 61.0% #2/2 |
| Woodbury County, IA | 106,250 | $94,303 | $980 | 68.2% |
Frequently Asked Questions
Common questions about the housing market in Thurston County, Nebraska.
What is the median home price in Thurston County, Nebraska?
The median home price in Thurston County, Nebraska is $17,749, lower than the Nebraska average of $175,282.
What is the average home price in Thurston County, Nebraska?
The typical home price in Thurston County, Nebraska, reported as the median sale price, is $17,749. 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 Thurston County, Nebraska?
The median gross rent in Thurston County, Nebraska is $698 per month, lower than the Nebraska average of $1,071.
What was the median gross rent in Thurston County in 2020?
In 2020, the median gross rent in Thurston County, Nebraska was $641 per month.
What is the price-to-rent ratio in Thurston County, Nebraska?
The price-to-rent ratio in Thurston County, Nebraska is about 2.1, meaning it would take roughly 2.1 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 Thurston County.
Are home prices or rent rising faster in Thurston County, Nebraska?
Home prices and rent are moving in opposite directions in Thurston County: home prices fell about 10.7% a year while rent rose about 3.1% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Thurston County, Nebraska?
53.0% of households in Thurston County, Nebraska own their home, lower than the Nebraska average of 61.5%.
What is the vacancy rate in Thurston County, Nebraska?
The housing vacancy rate in Thurston County, Nebraska is 13.1%, higher than the Nebraska average of 7.6%.
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