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Hall County, NE 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$255,979−0.5% YoY · prices are flat
Market right nowBalanced, leaning buyersFewer homes for sale than last year, 20% have cut their price
Income needed to buy, per year$55,491About 0.8× the local median income ($71,025): affordable for a typical household
Days on market66 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.6%Zillow expects prices to rise slightly

The typical home in Hall County, NE is worth $255,979, down 0.5% from a year ago. That is well above what local incomes have historically supported: fair value is about $226,038, so the area is 13.2% overvalued. It is a balanced market, leaning toward buyers: homes take about 66 days to sell, listings are down 3% from a year ago, 20% of listings have had a price cut. Zillow expects prices to rise about 2.6% over the next year. A household needs about $55,491 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 $71,025. Typical rent is $1,342 a month, or $1,522 for a house. In the latest IRS figures, 583 more people moved out than in.

Home value over time

$0K$50K$100K$150K$200K$250K19801990200020102020
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$255,979
Change in 1 year−0.5%
Overvalued %+13.2%
Show 7 more
Fair home value$226,038
Change in 5 years+23.9%
Zillow forecast, next 12 months+2.6%
Home value to income3.6×
Monthly mortgage payment (20% down)$1,387
Income needed to afford it$55,491
Property tax rate1.39%

Rent and investing

Typical rent$1,342
Typical rent for houses$1,522
Price-to-rent ratio15.9×
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HUD Fair Market Rent, 2 bedrooms$1,210
Gross rental yield6.29%
Cap rate (estimate)4.09%

Market activity

Listings vs a year ago−3.1%
Days on market66
Listings with a price cut19.5%
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Homes for sale155
Pending sales per 100 listings3
Asking price per sq ft$130

People and jobs

Median household income$71,025
Population change (1 year)−0.4%
Unemployment rate4.0%
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Population63,633
Income adjusted for cost of living$81,920
Net moves in (IRS)−583
Cost of living (US = 100)86.7

Schools, risk and environment

School rating (1 to 10)3.3
FEMA hazard risk score (0 to 100)74.2
Unhealthy air days a year2
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Flood risk score70.1
Wildfire risk score50.6
Walkability (1 to 20)8.3
Road, rail and air noise52 dB

Questions people ask

Is Hall County, NE overvalued?
Home prices in Hall County, NE are well above what local incomes have historically supported: fair value is about $226,038, so the area is 13.2% overvalued.
Is Hall County, NE a buyer's or seller's market?
Hall County, NE is a balanced market, leaning toward buyers: homes take about 66 days to sell, listings are down 3% from a year ago, 20% of listings have had a price cut.
Are home prices going down in Hall County, NE?
Home values in Hall County, NE are down 0.5% over the last year. Zillow's forecast for the next 12 months is +2.6%.
How much do you need to earn to buy a home in Hall County, NE?
A household needs about $55,491 a year to afford the typical home in Hall County, NE at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $71,025.

Nearby and similar counties

ZIP codes in Hall County (open on the map)

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