Herman, NE—68029
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Herman, NE
As of Oct '25, the median home price in Herman, NE is $380,000, with a year-over-year change of 6.4%. This indicates that home prices in Herman, NE are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $380,000 | 6.4% |
| Single Family | $380,000 | 6.4% |
| 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 — Herman, NE
Herman, 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 — Herman, NE
As of Oct '25, Realtor.com reports that the median days on market for a home in Herman, NE is 48. 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $475,000 | 42.0% |
Listing Count | 3 | -48.0% |
| Listings as % of Homes | 0.8% | -48.0% |
Days on Market | 48 | -40.0% |
Demographics — Herman, NE
As of the latest ACS Survey released in 2023, Herman, NE has a population of 814, which has decreased by -2.9% over the past 5 years. Herman, NE is a moderately popular place for families, as children make up 15.4% of the population. The area has a moderately educated workforce, with 29.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 814 | -2.9% |
% Under 18 | 15.4% | -7.2% |
% Seniors | 18.6% | 17.7% |
% WFH | 16.2% | 478.6% |
% w/ College Degree | 29.7% | 35.0% |
As of the latest ACS Survey released in 2023, Herman, NE is a predominantly white area, with 98.8% of the population identifying as white. The white population has grown by 4.3% in the last 5 years. The second most common race or ethnicity in Herman, NE is hispanic, making up 0.4% of the population. Foreign-born residents account for 0.2% of the population in Herman, NE, and this percentage has decreased by 87.5% 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 | 98.8% | 4.3% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.4% | -71.4% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.2% | -87.5% |
Mortgage and Risk — Herman, NE
Herman, NE lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Herman, NE
Herman, NE lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $880 |
| 2 Bedroom | N/A | N/A | $1,060 |
| 3 Bedroom | N/A | N/A | $1,410 |
| 4 Bedroom | N/A | N/A | $1,560 |
Affordability — Herman, NE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $380,000 |
| Median Household Income | $79,300 |