Kearney, NE—68845
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Kearney, NE
Home Price Trends — Kearney, NE
As of Oct '25, the median home price in Kearney, NE is $333,000, with a year-over-year change of 3.0%. This indicates that home prices in Kearney, NE are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $333,000 | 3.0% |
| Single Family | $333,000 | 2.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Kearney, NE
As of July '25, Rentcast reports the average rent in Kearney, NE is $1,210, with a year-over-year rent change of 4.3%. Per bedroom, the median rent as of July '25 in Kearney, NE is studios: $1,100, 1-bedrooms: $1,110, 2-bedrooms: $1,310, 3-bedrooms: $1,560. The most common rental property sizes in Kearney, NE are 2-bedroom and 1-bedroom, accounting for 41.3% and 23.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,210 |
| Studio Rent | $1,150 | $1,100 |
| 1 Bed Rent | $975 | $1,110 |
| 2 Bed Rent | $1,200 | $1,310 |
| 3 Bed Rent | $1,350 | $1,560 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Kearney, NE
As of Oct '25, Realtor.com reports that the median days on market for a home in Kearney, NE is 39. This is a decrease of -40.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $385,000 | -4.0% |
Listing Count | 57 | -1.0% |
| Listings as % of Homes | 0.4% | -1.0% |
Days on Market | 39 | -40.0% |
Demographics — Kearney, NE
As of the latest ACS Survey released in 2023, Kearney, NE has a population of 21,000, which has increased by 1.5% over the past 5 years. Kearney, NE is a moderately popular place for families, as children make up 21.3% of the population. The area has a moderately educated workforce, with 40.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,000 | 1.5% |
% Under 18 | 21.3% | -7.4% |
% Seniors | 15.6% | 33.3% |
% WFH | 4.3% | 65.4% |
% w/ College Degree | 40.9% | -6.0% |
As of the latest ACS Survey released in 2023, Kearney, NE is a predominantly white area, with 84.9% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Kearney, NE is hispanic, making up 9.8% of the population. Foreign-born residents account for 4.8% of the population in Kearney, NE, and this percentage has increased by 20.0% 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 | 84.9% | -3.7% |
% Black | 1.4% | -30.0% |
% Hispanic | 9.8% | 40.0% |
% Asian | 1.1% | -38.9% |
% Foreign Born | 4.8% | 20.0% |
Mortgage and Risk — Kearney, NE
According to HUD data as of 2023, there were 320 mortgage originations in Kearney, NE, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Kearney, NE. Investor activity is low, as 4.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 320 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Kearney, NE
Kearney, NE lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 272 |
Total Units Section 8 | 214 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 81.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$205 | $975 | $770 |
| 2 Bedroom | -$270 | $1,200 | $930 |
| 3 Bedroom | -$110 | $1,350 | $1,240 |
| 4 Bedroom | N/A | N/A | $1,560 |
Affordability — Kearney, NE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $333,000 |
| Median Household Income | $75,400 |