Wheeler County, Nebraska Housing Market Prices
Wheeler 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 priceN/A
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Median rent 52% below the Nebraska median Among the top 3 cheapest counties in Nebraska$509
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Wheeler County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | — | $175,282 | $248,835 |
| Price Trend (Annual %) | — | 7.7% | 7.5% |
| Median Gross Rent | $509 | $1,071 | $1,407 |
| Rent Trend (Annual %) | 0.7% | 4.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
Rent is about 52% lower than the Nebraska average.
Affordability
| Metric | Wheeler County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | — | $175,282 | $248,835 |
| Median Household Income | $65,681 | $76,615 | $80,455 |
| Price-to-Income Ratio | — | 2.3 | 3.1 |
Occupancy & Tenure
| Metric | Wheeler County | Nebraska Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 47.4% | 61.5% | 58.5% |
| Rental Rate | 13.6% | 30.9% | 31.2% |
| Vacancy Rate | 38.9% | 7.6% | 10.2% |
| Median Tenure (years) | 21.0 | 14.0 | 15.0 |
| Median Year Moved In | 2005 | 2012 | 2011 |
Wheeler County has a homeownership rate of 47.4%, lower than the Nebraska average of 61.5%. Its housing vacancy rate is 38.9%, compared with 7.6% in Nebraska.
Housing Stock
| Metric | Wheeler County | Nebraska Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.36 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1965 | 1974 | 1978 |
| Median Number of Rooms | 5.7 | 6.1 | 5.5 |
The typical housing unit in Wheeler County was built around 1965. On average, 2.4 people live in a home with about 5.7 rooms, staying for about 21.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Wheeler County, Nebraska.
What is the median rent in Wheeler County, Nebraska?
The median gross rent in Wheeler County, Nebraska is $509 per month, lower than the Nebraska average of $1,071.
What was the median gross rent in Wheeler County in 2020?
In 2020, the median gross rent in Wheeler County, Nebraska was $484 per month.
What is the homeownership rate in Wheeler County, Nebraska?
47.4% of households in Wheeler County, Nebraska own their home, lower than the Nebraska average of 61.5%.
What is the vacancy rate in Wheeler County, Nebraska?
The housing vacancy rate in Wheeler County, Nebraska is 38.9%, higher than the Nebraska average of 7.6%.
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