Wood River, NE 68883 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Wood River, NE—68883

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$251,000

3.5% YoY Growth

Household Income

$88,300

54.7% YoY Growth

Days on Market

98.0% Longer YoY

Home Price Forecast

2.3%

Median Rent

$1,500

15.4% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$1,500

N/A

3-Bed Rent

N/A

Home Price Trends — Wood River, NE

As of Nov '25, the median home price in Wood River, NE is $251,000, with a year-over-year change of 3.5%. This indicates that home prices in Wood River, NE are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$251,000	3.5%
Single Family	$251,000	2.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

Studio

3.6%

1 Bedroom

6.5%

2 Bedrooms

30.4%

3 Bedrooms

44.2%

4 Bedrooms

10.9%

5+ Bedrooms

4.3%

Property Listings — Wood River, NE

As of Nov '25, Realtor.com reports that the median days on market for a home in Wood River, NE is 82. This is a increase of 98.0% 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	$260,000	4.0%
Listing Count	7	58.0%
Listings as % of Homes	0.4%	58.0%
Days on Market	82	98.0%

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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%

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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%

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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%

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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

Wood River, NE—68883

Key Metrics at a Glance

Home Price Trends — Wood River, NE

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Wood River, NE

% of Rental Stock

Property Listings — Wood River, NE

Demographics — Wood River, NE

Race and Ethnicity

Mortgage and Risk — Wood River, NE

Mortgages

Rentals and Section 8 — Wood River, NE

Section 8 Market Size

Section 8 Opportunity

Affordability — Wood River, NE

Home Price to Income Ratio

Wood River, NE — ZIP Code Boundary Map

Nearby ZIP Codes

Alda, NE

Shelton, NE

Cairo, NE

Kenesaw, NE

Grand Island, NE

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.6
Median Home Price	$251,000
Median Household Income	$88,300

Wood River, NE—68883

Key Metrics at a Glance

Home Price Trends — Wood River, NE

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Wood River, NE

% of Rental Stock

Property Listings — Wood River, NE

Demographics — Wood River, NE

Race and Ethnicity

Mortgage and Risk — Wood River, NE

Mortgages

Rentals and Section 8 — Wood River, NE

Section 8 Market Size

Section 8 Opportunity

Affordability — Wood River, NE

Home Price to Income Ratio

Wood River, NE — ZIP Code Boundary Map

Nearby ZIP Codes

Alda, NE

Shelton, NE

Cairo, NE

Kenesaw, NE

Grand Island, NE

Frequently Asked Questions

What is the average home price in Wood River, NE 68883?

How have home prices in Wood River, NE 68883 changed over the past year?

What is the home price projection for Wood River, NE 68883?

What are the demographics of Wood River, NE 68883?

How long does it take homes to sell in Wood River, NE 68883?

What is the average rent price in Wood River, NE 68883?