Blair, NE—68008
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Blair, NE
As of Oct '25, the median home price in Blair, NE is $341,000, with a year-over-year change of 3.7%. This indicates that home prices in Blair, NE are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $341,000 | 3.7% |
| Single Family | $342,000 | 3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $247,000 | 6.9% |
3 Bed | $328,000 | 3.8% |
4 Bed | $447,000 | 4.0% |
| 5 Bed | $550,000 | 3.8% |
% of Housing Stock
Rental Trends — Blair, NE
As of July '25, Rentcast reports the average rent in Blair, NE is $1,820, with a year-over-year rent change of 11.7%. Per bedroom, the median rent as of July '25 in Blair, NE is 1-bedrooms: $1,300, 2-bedrooms: $1,610, 3-bedrooms: $2,600, 4-bedrooms: $2,000. The most common rental property sizes in Blair, NE are 2-bedroom and 1-bedroom, accounting for 56.4% and 19.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $1,820 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,300 | $1,300 |
| 2 Bed Rent | $825 | $1,610 |
| 3 Bed Rent | $2,600 | $2,600 |
| 4 Bed Rent | $2,000 | $2,000 |
% of Rental Stock
Property Listings — Blair, NE
As of Oct '25, Realtor.com reports that the median days on market for a home in Blair, NE is 27. This is a increase of 29.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $402,000 | 3.0% |
Listing Count | 50 | -4.0% |
| Listings as % of Homes | 0.7% | -4.0% |
Days on Market | 27 | 29.0% |
Demographics — Blair, NE
As of the latest ACS Survey released in 2023, Blair, NE has a population of 12,900, which has increased by 7.5% over the past 5 years. Blair, NE is a popular place for families, as children make up 25.4% of the population. The area has a moderately educated workforce, with 39.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,900 | 7.5% |
% Under 18 | 25.4% | 0.0% |
% Seniors | 18.1% | 4.0% |
% WFH | 10.3% | 139.5% |
% w/ College Degree | 39.3% | 28.9% |
As of the latest ACS Survey released in 2023, Blair, NE is a predominantly white area, with 94.9% of the population identifying as white. The white population has grown by 0.3% in the last 5 years. The second most common race or ethnicity in Blair, NE is hispanic, making up 1.9% of the population. Foreign-born residents account for 0.8% of the population in Blair, NE, and this percentage has decreased by 46.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.9% | 0.3% |
% Black | 0.4% | -75.0% |
% Hispanic | 1.9% | -42.4% |
% Asian | 0.1% | 0.0% |
% Foreign Born | 0.8% | -46.7% |
Mortgage and Risk — Blair, NE
According to HUD data as of 2023, there were 297 mortgage originations in Blair, NE, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Blair, NE. Investor activity is low, as 5.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 297 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Blair, NE
As of 2024, the percent of homes in Blair, NE under the Section 8 program is 0.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Blair, NE, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 128 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$400 | $1,300 | $900 |
| 2 Bedroom | $255 | $825 | $1,080 |
| 3 Bedroom | -$1,170 | $2,600 | $1,430 |
| 4 Bedroom | -$400 | $2,000 | $1,600 |
Affordability — Blair, NE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $341,000 |
| Median Household Income | $86,900 |