North Bend, NE—68649
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Bend, NE
As of Oct '25, the median home price in North Bend, NE is $255,000, with a year-over-year change of 3.6%. This indicates that home prices in North Bend, NE are increasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $255,000 | 3.6% |
| Single Family | $255,000 | 3.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $172,000 | 3.6% |
3 Bed | $255,000 | 2.4% |
4 Bed | $320,000 | 4.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — North Bend, NE
North Bend, 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 — North Bend, NE
As of Oct '25, Realtor.com reports that the median days on market for a home in North Bend, NE is 58. This is a increase of 33.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $260,000 | 23.0% |
Listing Count | 7 | 0.0% |
| Listings as % of Homes | 0.6% | 0.0% |
Days on Market | 58 | 33.0% |
Demographics — North Bend, NE
As of the latest ACS Survey released in 2023, North Bend, NE has a population of 1,830, which has decreased by -11.5% over the past 5 years. North Bend, NE is a popular place for families, as children make up 26.7% of the population. The area has a moderately educated workforce, with 25.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,830 | -11.5% |
% Under 18 | 26.7% | 10.3% |
% Seniors | 20.6% | 5.1% |
% WFH | 1.1% | -84.5% |
% w/ College Degree | 25.7% | 24.8% |
As of the latest ACS Survey released in 2023, North Bend, NE is a predominantly white area, with 91.2% of the population identifying as white. The white population has shrunk by 6.9% in the last 5 years. The second most common race or ethnicity in North Bend, NE is hispanic, making up 6.6% of the population. Foreign-born residents account for 2.5% of the population in North Bend, NE, and this percentage has increased by 212.5% 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 | 91.2% | -6.9% |
% Black | 0.0% | N/A |
% Hispanic | 6.6% | 633.3% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.5% | 212.5% |
Mortgage and Risk — North Bend, NE
According to HUD data as of 2023, there were 45 mortgage originations in North Bend, NE, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in North Bend, NE. Investor activity is low, as 7.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 45 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 7.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — North Bend, NE
North Bend, NE lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $720 |
| 2 Bedroom | N/A | N/A | $950 |
| 3 Bedroom | N/A | N/A | $1,140 |
| 4 Bedroom | N/A | N/A | $1,260 |
Affordability — North Bend, NE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $255,000 |
| Median Household Income | $85,700 |