Platte Center, NE68653

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$280,000
8.7% YoY Growth
Median Household Income
$88,500
68.1% 5-Year Growth
Days on Market
40
162.0% Longer than last year
Home Price Forecast
2.2%
Median Rent
$1,400
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,400
N/A

Property Listings — Platte Center, NE

As of Aug '25 and according to Realtor.com, the median days on market for a home in Platte Center, NE is 40. This is an increase of 162.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$450,00028.0%
Listing Count
2N/A
Listings as % of Homes0.4%N/A
Days on Market
40162.0%
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Demographics — Platte Center, NE

MetricLatest CensusYoY % Change
Population
620-11.6%
% Under 18
31.0%23.5%
% Under 5N/AN/A
% Seniors
20.3%-7.7%
% WFH
9.1%71.7%
% w/ College Degree
7.0%-59.8%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
95.8%-3.8%
% Black
0.0%N/A
% Hispanic
0.8%100.0%
% Asian
0.3%∞%
% Foreign Born
2.4%∞%
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Mortgage and Risk — Platte Center, NE

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Platte Center, NE in that year was NA. NA of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was NA. Of those, NA were >90% loan to value. This is considered unknown, suggesting that mortgage risk is unknown in Platte Center, NE. Investor activity in Platte Center, NE is unknown, as NA of all loans are originated by investors. In 2023, NA of all loans were cash-out refinances, suggesting unknown homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
N/AN/AN/A
% Conventional Loans
N/AN/AN/A
% Government Loans
N/AN/AN/A
% Investor Loans
N/AN/AN/A
% Second Loans
N/AN/AN/A
% Cash Out Refinance
N/AN/AN/A
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Rentals and Section 8 — Platte Center, NE

As of 2024, the percent of homes in Platte Center, NE under the Section 8 program is NA. This is considered unknown, suggesting that the neighborhood is unknown composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
N/A
Total Units Section 8
N/A
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$880
2 BedroomN/AN/A$1,160
3 Bedroom$130$1,400$1,530
4 BedroomN/AN/A$1,540

Affordability — Platte Center, NE

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio2.6N/AN/A
Median Home Price$280,000N/AN/A
Median Household Income$88,500N/AN/A

Platte Center, NE — ZIP Code Boundary Map

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