Ravenna, NE—68869
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ravenna, NE
As of Oct '25, the median home price in Ravenna, NE is $203,000, with a year-over-year change of 6.3%. This indicates that home prices in Ravenna, 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 | $203,000 | 6.3% |
| Single Family | $204,000 | 5.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | 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 — Ravenna, NE
Ravenna, 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 — Ravenna, NE
As of Oct '25, Realtor.com reports that the median days on market for a home in Ravenna, NE is 31. This is a decrease of -66.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $161,000 | -20.0% |
Listing Count | 8 | -39.0% |
| Listings as % of Homes | 0.5% | -39.0% |
Days on Market | 31 | -66.0% |
Demographics — Ravenna, NE
As of the latest ACS Survey released in 2023, Ravenna, NE has a population of 2,160, which has increased by 2.5% over the past 5 years. Ravenna, NE is a moderately popular place for families, as children make up 18.6% of the population. The area has a poorly educated workforce, with 15.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,160 | 2.5% |
% Under 18 | 18.6% | -23.8% |
% Seniors | 19.5% | -4.9% |
% WFH | 6.1% | 38.6% |
% w/ College Degree | 15.7% | -32.0% |
As of the latest ACS Survey released in 2023, Ravenna, NE is a predominantly white area, with 92.6% of the population identifying as white. The white population has shrunk by 0.8% in the last 5 years. The second most common race or ethnicity in Ravenna, NE is hispanic, making up 1.3% of the population. Foreign-born residents account for 0.7% of the population in Ravenna, NE, and this percentage has decreased by 30.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.6% | -0.8% |
% Black | 0.0% | N/A |
% Hispanic | 1.3% | -66.7% |
% Asian | 0.3% | ∞% |
% Foreign Born | 0.7% | -30.0% |
Mortgage and Risk — Ravenna, NE
According to HUD data as of 2023, there were 42 mortgage originations in Ravenna, NE, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Ravenna, NE. Investor activity is low, as 0.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 42 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 0.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Ravenna, NE
Ravenna, NE lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 21 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $740 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | N/A | N/A | $1,210 |
| 4 Bedroom | N/A | N/A | $1,510 |
Affordability — Ravenna, NE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $203,000 |
| Median Household Income | $64,900 |