Friend, NE—68359
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Friend, NE
Friend, NE lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $210,000 | 2.3% |
| Single Family | $210,000 | 1.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $166,000 | 0.6% |
3 Bed | $221,000 | 1.8% |
4 Bed | $244,000 | 2.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Friend, NE
Friend, NE lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Friend, NE
As of Oct '25, Realtor.com reports that the median days on market for a home in Friend, NE is 50. This is a increase of 26.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $299,000 | 37.0% |
Listing Count | 8 | -30.0% |
| Listings as % of Homes | 0.3% | -30.0% |
Days on Market | 50 | 26.0% |
Demographics — Friend, NE
As of the latest ACS Survey released in 2023, Friend, NE has a population of 1,510, which has decreased by -9.8% over the past 5 years. Friend, NE is a popular place for families, as children make up 28.4% of the population. The area has a moderately educated workforce, with 27.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,510 | -9.8% |
% Under 18 | 28.4% | 11.4% |
% Seniors | 15.0% | -26.1% |
% WFH | 1.9% | -66.7% |
% w/ College Degree | 27.1% | 49.7% |
As of the latest ACS Survey released in 2023, Friend, NE is a predominantly white area, with 92.1% of the population identifying as white. The white population has shrunk by 0.6% in the last 5 years. The second most common race or ethnicity in Friend, NE is hispanic, making up 6.9% of the population. Foreign-born residents account for 4.0% of the population in Friend, NE, and this percentage has increased by 263.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.1% | -0.6% |
% Black | 0.0% | -100.0% |
% Hispanic | 6.9% | 885.7% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 4.0% | 263.6% |
Mortgage and Risk — Friend, NE
According to HUD data as of 2023, there were 41 mortgage originations in Friend, NE, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Friend, 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 | 41 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 5.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Friend, NE
Friend, NE lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 28 |
Total Units Section 8 | 0 |
% Rentals under Section 8 | 0.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $780 |
| 2 Bedroom | N/A | N/A | $980 |
| 3 Bedroom | N/A | N/A | $1,380 |
| 4 Bedroom | N/A | N/A | $1,570 |
Affordability — Friend, NE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $210,000 |
| Median Household Income | $81,200 |