Kearney, NE 68847 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Kearney, NE—68847

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$291,000

6.0% YoY Growth

Household Income

$74,900

35.6% YoY Growth

Days on Market

35.0% Shorter YoY

Home Price Forecast

1.9%

Median Rent

$830

41.0% YoY Growth

1-Bed Rent

$830

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Other Zip Codes in Kearney, NE

68845

Home Price Trends — Kearney, NE

As of May '26, the median home price in Kearney, NE is $291,000, with a year-over-year change of 6.0%. This indicates that home prices in Kearney, NE are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$291,000	6.0%
Single Family	$290,000	5.8%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

Studio

5.3%

1 Bedroom

18.0%

2 Bedrooms

38.6%

3 Bedrooms

24.0%

4 Bedrooms

9.4%

5+ Bedrooms

4.7%

Property Listings — Kearney, NE

As of May '26, Realtor.com reports that the median days on market for a home in Kearney, NE is 45. This is a decrease of -35.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$382,000	6.0%
Listing Count	61	47.0%
Listings as % of Homes	0.4%	47.0%
Days on Market	45	-35.0%

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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%

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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%

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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%

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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

Kearney, NE—68847

Key Metrics at a Glance

Other Zip Codes in Kearney, NE

Home Price Trends — Kearney, NE

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Kearney, NE

% of Rental Stock

Property Listings — Kearney, NE

Demographics — Kearney, NE

Race and Ethnicity

Mortgage and Risk — Kearney, NE

Mortgages

Rentals and Section 8 — Kearney, NE

Section 8 Market Size

Section 8 Opportunity

Affordability — Kearney, NE

Home Price to Income Ratio

Kearney, NE — ZIP Code Boundary Map

Nearby ZIP Codes

R-Villa Courts

Gibbon, NE

Kearney, NE

Riverdale, NE

Odessa, NE

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.4
Median Home Price	$291,000
Median Household Income	$74,900

Kearney, NE—68847

Key Metrics at a Glance

Other Zip Codes in Kearney, NE

Home Price Trends — Kearney, NE

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Kearney, NE

% of Rental Stock

Property Listings — Kearney, NE

Demographics — Kearney, NE

Race and Ethnicity

Mortgage and Risk — Kearney, NE

Mortgages

Rentals and Section 8 — Kearney, NE

Section 8 Market Size

Section 8 Opportunity

Affordability — Kearney, NE

Home Price to Income Ratio

Kearney, NE — ZIP Code Boundary Map

Nearby ZIP Codes

R-Villa Courts

Gibbon, NE

Kearney, NE

Riverdale, NE

Odessa, NE

Frequently Asked Questions

What is the average home price in Kearney, NE 68847?

How have home prices in Kearney, NE 68847 changed over the past year?

What is the home price projection for Kearney, NE 68847?

What are the demographics of Kearney, NE 68847?

How long does it take homes to sell in Kearney, NE 68847?

What is the average rent price in Kearney, NE 68847?