Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$200,898+0.6% YoY · prices are rising
Market right nowBalanced, leaning buyersMore homes for sale than last year, 14% have cut their price
Income needed to buy, per year$43,551About 0.6× the local median income ($74,705): affordable for a typical household
Days on market51 daysAbout the same pace as a year ago
The typical home in Gage County, NE is worth $200,898, up 0.6% from a year ago. That is well above what local incomes have historically supported: fair value is about $182,346, so the area is 10.2% overvalued. It is a balanced market, leaning toward buyers: homes take about 51 days to sell, listings are up 16% from a year ago, 14% of listings have had a price cut. A household needs about $43,551 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 $74,705. Typical rent is $1,101 a month. In the latest IRS figures, 93 more people moved in than out.
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
$200,898
Change in 1 year
+0.6%
Overvalued %
+10.2%
Show 6 more
Fair home value
$182,346
Change in 5 years
+31.6%
Home value to income
2.7×
Monthly mortgage payment (20% down)
$1,089
Income needed to afford it
$43,551
Property tax rate
1.41%
Rent and investing
Typical rent
$1,101
Price-to-rent ratio
15.2×
HUD Fair Market Rent, 2 bedrooms
$1,025
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Gross rental yield
6.58%
Cap rate (estimate)
4.27%
Market activity
Listings vs a year ago
+16.1%
Days on market
51
Listings with a price cut
13.9%
Show 3 more
Homes for sale
72
Pending sales per 100 listings
31
Asking price per sq ft
$129
People and jobs
Median household income
$74,705
Population change (1 year)
+0.1%
Unemployment rate
1.5%
Show 4 more
Population
21,711
Income adjusted for cost of living
$86,564
Net moves in (IRS)
+93
Cost of living (US = 100)
86.3
Schools, risk and environment
School rating (1 to 10)
5.7
FEMA hazard risk score (0 to 100)
40.6
Unhealthy air days a year
1
Show 4 more
Flood risk score
32.4
Wildfire risk score
78.9
Walkability (1 to 20)
7.2
Road, rail and air noise
53 dB
Questions people ask
Is Gage County, NE overvalued?
Home prices in Gage County, NE are well above what local incomes have historically supported: fair value is about $182,346, so the area is 10.2% overvalued.
Is Gage County, NE a buyer's or seller's market?
Gage County, NE is a balanced market, leaning toward buyers: homes take about 51 days to sell, listings are up 16% from a year ago, 14% of listings have had a price cut.
Are home prices going down in Gage County, NE?
Home values in Gage County, NE are up 0.6% over the last year.
How much do you need to earn to buy a home in Gage County, NE?
A household needs about $43,551 a year to afford the typical home in Gage County, NE at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $74,705.