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Nemaha County, KS housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$240,020+8.8% YoY · prices are rising fast
Market right nowSeller's marketFewer homes for sale than last year, 0% have cut their price
Income needed to buy, per year$52,031About 0.7× the local median income ($77,752): affordable for a typical household
Days on market111 daysSlower than a year ago: buyers have time to negotiate

The typical home in Nemaha County, KS is worth $240,020, up 8.8% from a year ago. That is well above what local incomes have historically supported: fair value is about $202,764, so the area is 18.4% overvalued. It is a seller's market: homes take about 111 days to sell, listings are down 30% from a year ago, 0% of listings have had a price cut. A household needs about $52,031 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $77,752. In the latest IRS figures, 82 more people moved out than in.

Home value over time

$0K$50K$100K$150K$200K200020052010201520202025
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.

Prices and affordability

Typical home value$240,020
Change in 1 year+8.8%
Overvalued %+18.4%
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Fair home value$202,764
Change in 5 years+42.1%
Home value to income3.1×
Monthly mortgage payment (20% down)$1,301
Income needed to afford it$52,031
Property tax rate0.96%

Rent and investing

HUD Fair Market Rent, 2 bedrooms$961

Market activity

Listings vs a year ago−30.0%
Days on market111
Listings with a price cut0.0%
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Homes for sale7
Pending sales per 100 listings43
Asking price per sq ft$91

People and jobs

Median household income$77,752
Population change (1 year)−0.3%
Unemployment rate1.5%
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Population10,054
Income adjusted for cost of living$90,515
Net moves in (IRS)−82
Cost of living (US = 100)85.9

Schools, risk and environment

School rating (1 to 10)8.5
FEMA hazard risk score (0 to 100)17.4
Flood risk score23.3
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Wildfire risk score82.8
Walkability (1 to 20)6.0
Road, rail and air noise51 dB

Questions people ask

Is Nemaha County, KS overvalued?
Home prices in Nemaha County, KS are well above what local incomes have historically supported: fair value is about $202,764, so the area is 18.4% overvalued.
Is Nemaha County, KS a buyer's or seller's market?
Nemaha County, KS is a seller's market: homes take about 111 days to sell, listings are down 30% from a year ago, 0% of listings have had a price cut.
Are home prices going down in Nemaha County, KS?
Home values in Nemaha County, KS are up 8.8% over the last year.
How much do you need to earn to buy a home in Nemaha County, KS?
A household needs about $52,031 a year to afford the typical home in Nemaha County, KS at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $77,752.

Nearby and similar counties

ZIP codes in Nemaha County (open on the map)

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