Wood River, NE—68883
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wood River, NE
As of Oct '25, the median home price in Wood River, NE is $255,000, with a year-over-year change of 4.5%. This indicates that home prices in Wood River, NE are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $255,000 | 4.5% |
| Single Family | $255,000 | 3.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $203,000 | 0.5% |
3 Bed | $274,000 | 5.8% |
4 Bed | $277,000 | 4.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Wood River, NE
As of July '25, Rentcast reports the average rent in Wood River, NE is $1,500, with a year-over-year rent change of 15.4%. Per bedroom, the median rent as of July '25 in Wood River, NE is 2-bedrooms: $1,500. The most common rental property sizes in Wood River, NE are 3-bedroom and 2-bedroom, accounting for 44.2% and 30.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,500 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,500 | $1,500 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Wood River, NE
As of Oct '25, Realtor.com reports that the median days on market for a home in Wood River, NE is 70. This is a increase of 153.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $224,000 | 7.0% |
Listing Count | 6 | 20.0% |
| Listings as % of Homes | 0.4% | 20.0% |
Days on Market | 70 | 153.0% |
Demographics — Wood River, NE
As of the latest ACS Survey released in 2023, Wood River, NE has a population of 2,490, which has decreased by -1.9% over the past 5 years. Wood River, NE is a popular place for families, as children make up 27.6% of the population. The area has a poorly educated workforce, with 21.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,490 | -1.9% |
% Under 18 | 27.6% | 18.5% |
% Seniors | 20.0% | 12.4% |
% WFH | 4.8% | 33.3% |
% w/ College Degree | 21.7% | 15.4% |
As of the latest ACS Survey released in 2023, Wood River, NE is a predominantly white area, with 82.0% of the population identifying as white. The white population has grown by 2.4% in the last 5 years. The second most common race or ethnicity in Wood River, NE is hispanic, making up 15.7% of the population. Foreign-born residents account for 3.9% of the population in Wood River, NE, and this percentage has decreased by 68.3% 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 | 82.0% | 2.4% |
% Black | 0.0% | N/A |
% Hispanic | 15.7% | -12.8% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 3.9% | -68.3% |
Mortgage and Risk — Wood River, NE
According to HUD data as of 2023, there were 34 mortgage originations in Wood River, NE, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Wood River, NE. Investor activity is low, as 3.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 34 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Wood River, NE
Wood River, NE lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 20 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 1.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $900 |
| 2 Bedroom | -$400 | $1,500 | $1,100 |
| 3 Bedroom | N/A | N/A | $1,400 |
| 4 Bedroom | N/A | N/A | $1,790 |
Affordability — Wood River, NE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $255,000 |
| Median Household Income | $88,300 |