Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$305,204+6.5% YoY · prices are rising fast
Market right nowBalanced, leaning sellersMore homes for sale than last year, 15% have cut their price
Income needed to buy, per year$66,162About 0.9× the local median income ($75,364): affordable for a typical household
Days on market63 daysSlower than a year ago: buyers have time to negotiate
The typical home in Buffalo County, NE is worth $305,204, up 6.5% from a year ago. That is well above what local incomes have historically supported: fair value is about $273,084, so the area is 11.8% overvalued. It is a balanced market, leaning toward sellers: homes take about 63 days to sell, listings are up 27% from a year ago, 15% of listings have had a price cut. A household needs about $66,162 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 $75,364. Typical rent is $1,574 a month. In the latest IRS figures, 18 more people moved out than in.
Home value over time
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
$305,204
Change in 1 year
+6.5%
Overvalued %
+11.8%
Show 6 more
Fair home value
$273,084
Change in 5 years
+33.3%
Home value to income
4.0×
Monthly mortgage payment (20% down)
$1,654
Income needed to afford it
$66,162
Property tax rate
1.44%
Rent and investing
Typical rent
$1,574
Price-to-rent ratio
16.2×
HUD Fair Market Rent, 2 bedrooms
$1,097
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Gross rental yield
6.19%
Cap rate (estimate)
4.02%
Market activity
Listings vs a year ago
+26.9%
Days on market
63
Listings with a price cut
14.9%
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Homes for sale
99
Pending sales per 100 listings
55
Asking price per sq ft
$148
People and jobs
Median household income
$75,364
Population change (1 year)
+0.1%
Unemployment rate
2.6%
Show 4 more
Population
51,172
Income adjusted for cost of living
$87,328
Net moves in (IRS)
−18
Cost of living (US = 100)
86.3
Schools, risk and environment
School rating (1 to 10)
6.4
FEMA hazard risk score (0 to 100)
66.0
Flood risk score
50.8
Show 3 more
Wildfire risk score
74.3
Walkability (1 to 20)
8.0
Road, rail and air noise
52 dB
Questions people ask
Is Buffalo County, NE overvalued?
Home prices in Buffalo County, NE are well above what local incomes have historically supported: fair value is about $273,084, so the area is 11.8% overvalued.
Is Buffalo County, NE a buyer's or seller's market?
Buffalo County, NE is a balanced market, leaning toward sellers: homes take about 63 days to sell, listings are up 27% from a year ago, 15% of listings have had a price cut.
Are home prices going down in Buffalo County, NE?
Home values in Buffalo County, NE are up 6.5% over the last year.
How much do you need to earn to buy a home in Buffalo County, NE?
A household needs about $66,162 a year to afford the typical home in Buffalo County, NE at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $75,364.