Housing Market Overview
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 Map: Nearby Counties
Housing Market Overview
| Metric | York County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $156,250 | $167,658 | $242,182 |
| Price Trend (Annual %) | 25.4% | 8.2% | 8.2% |
| Median Gross Rent | $884 | $1,035 | $1,342 |
| Rent Trend (Annual %) | 5.1% | 4.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in York County is about 7% lower than in Nebraska. Rent is about 15% lower than the Nebraska average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2022
Median Rent Prices, 2015-2023
Both home prices and rent are rising in York County, up about 25.4% and 5.1% a year respectively. Home prices are changing faster.
Median rent in York County rose about 43.3% between 2015 and 2023, from $617 to $884. Over the same span, rent in Nebraska rose about 42.6%.
Affordability
On average, housing unit costs 2.1 yearly household incomes in York County.
Buying the median-priced home in York County costs roughly 14.7 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 York County. The price-to-rent ratio in Nebraska is about 13.5.
| Metric | York County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $156,250 | $167,658 | $242,182 |
| Median Household Income | $74,341 | $74,987 | $78,145 |
| Price-to-Income Ratio | 2.1 | 2.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2022, the median home price in York County rose about 216.8%, while median household income rose about 57.9% between 2009 and 2023 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | York County | Nebraska Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 65.7% | 61.2% | 58.2% |
| Rental Rate | 22.3% | 30.8% | 31.3% |
| Vacancy Rate | 11.9% | 8.0% | 10.6% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
York County has a homeownership rate of 65.7%, higher than the Nebraska average of 61.2%. Its housing vacancy rate is 11.9%, compared with 8.0% in Nebraska.
Housing Stock
| Metric | York County | Nebraska Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.40 people | 2.43 people | 2.54 people |
| Median Structure Built Year | 1959 | 1973 | 1978 |
| Median Number of Rooms | 6.5 | 6.1 | 5.5 |
The typical housing unit in York County was built around 1959. On average, 2.4 people live in a home with about 6.5 rooms, staying for about 15.0 years on average.
Frequently Asked Questions
Common questions about the housing market in York County, Nebraska.
What is the median home price in York County, Nebraska?
The median home price in York County, Nebraska is $156,250, lower than the Nebraska average of $167,658.
What is the average home price in York County, Nebraska?
The typical home price in %s, reported as the median sale price, is %s. 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 York County, Nebraska?
The median gross rent in York County, Nebraska is $884 per month, lower than the Nebraska average of $1,035.
What was the median gross rent in York County in 2020?
In 2020, the median gross rent in York County, Nebraska was $740 per month.
What is the price-to-rent ratio in York County, Nebraska?
The price-to-rent ratio in York County, Nebraska is about 14.7, meaning it would take roughly 14.7 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 York County.
Are home prices or rent rising faster in York County, Nebraska?
Both home prices and rent are rising in York County, up about 25.4% and 5.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in York County, Nebraska?
65.7% of households in York County, Nebraska own their home, higher than the Nebraska average of 61.2%.
What is the vacancy rate in York County, Nebraska?
The housing vacancy rate in York County, Nebraska is 11.9%, higher than the Nebraska average of 8.0%.