Kearney, NE—68847
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 $282,000, with a year-over-year change of 4.3%. This indicates that home prices in Kearney, NE are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $282,000 | 4.3% |
| Single Family | $282,000 | 4.1% |
| Condos | $278,000 | 6.9% |
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 | $269,000 | 4.3% |
4 Bed | $311,000 | 3.3% |
| 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 $838, with a year-over-year rent change of -41.0%. Per bedroom, the median rent as of July '25 in Kearney, NE is 1-bedrooms: $838. The most common rental property sizes in Kearney, NE are 2-bedroom and 3-bedroom, accounting for 38.6% and 24.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $830 | $838 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $830 | $838 |
| 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 — Kearney, NE
As of Oct '25, Realtor.com reports that the median days on market for a home in Kearney, NE is 51. 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 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 | $350,000 | 5.0% |
Listing Count | 56 | -1.0% |
| Listings as % of Homes | 0.4% | -1.0% |
Days on Market | 51 | 29.0% |
Demographics — Kearney, NE
As of the latest ACS Survey released in 2023, Kearney, NE has a population of 17,900, which has increased by 6.4% over the past 5 years. Kearney, NE is a moderately popular place for families, as children make up 24.0% of the population. The area has a moderately educated workforce, with 34.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,900 | 6.4% |
% Under 18 | 24.0% | 5.7% |
% Seniors | 17.4% | 17.6% |
% WFH | 5.3% | 103.8% |
% w/ College Degree | 34.6% | 5.5% |
As of the latest ACS Survey released in 2023, Kearney, NE is a predominantly white area, with 83.2% of the population identifying as white. The white population has shrunk by 2.5% in the last 5 years. The second most common race or ethnicity in Kearney, NE is hispanic, making up 10.7% of the population. Foreign-born residents account for 5.7% of the population in Kearney, NE, and this percentage has increased by 23.9% 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 | 83.2% | -2.5% |
% Black | 0.6% | -14.3% |
% Hispanic | 10.7% | 5.9% |
% Asian | 2.9% | 93.3% |
% Foreign Born | 5.7% | 23.9% |
Mortgage and Risk — Kearney, NE
According to HUD data as of 2023, there were 201 mortgage originations in Kearney, NE, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Kearney, NE. Investor activity is low, as 3.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 201 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
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 | 367 |
Total Units Section 8 | 193 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 88.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$30 | $830 | $800 |
| 2 Bedroom | N/A | N/A | $970 |
| 3 Bedroom | N/A | N/A | $1,290 |
| 4 Bedroom | N/A | N/A | $1,630 |
Affordability — Kearney, NE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $282,000 |
| Median Household Income | $74,900 |