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Nebraska Real Estate


According to census data in the year 2000 there were 722,668 housing units in Nebraska. This represents a 9.4% from 660,621 in 1990.

Of those housing units, 493,706 were located in either urbanized areas or urban clusters, and 228,962 were located in what is classified as a rural area.

Homeownership rate in Nebraska is about 67.4%. Nebraska's vacancy rate, including seasonal lodging, is about 7.8%. Average household size is 2.49 people.

The majority of houses, apartments or condos in Nebraska were built after 1965.

Statistics

Housing Size

Housing Units by Size
Studio Type1.7%
One Bedroom12.6%
Two Bedrooms27.8%
Three Bedrooms37.1%
Four Bedrooms16.4%
Five Bedrooms or more4.3%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.65
Median year structure was built1964
Median Value of occupied units$88,000
Median Price asked for vacant units$57,600

Rented Homes, Apartments and Condos

Average Household Size2.17
Median year structure was built1967
Median Monthly Rent asked for vacant units$385

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.1%
Second Mortgage7.6%
Home Equity Loan7.3%
Simple Mortgage49.6%
Debt Free35.2%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17%

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