Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$244,979+2.7% YoY · prices are rising
Market right nowSeller's marketFewer homes for sale than last year, 11% have cut their price
Income needed to buy, per year$53,106About 0.7× the local median income ($81,191): affordable for a typical household
Days on market36 daysFaster than a year ago: sellers have the edge
The typical home in Otoe County, NE is worth $244,979, up 2.7% from a year ago. That is well above what local incomes have historically supported: fair value is about $217,592, so the area is 12.6% overvalued. It is a seller's market: homes take about 36 days to sell, listings are down 27% from a year ago, 11% of listings have had a price cut. A household needs about $53,106 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 $81,191. In the latest IRS figures, 29 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
$244,979
Change in 1 year
+2.7%
Overvalued %
+12.6%
Show 6 more
Fair home value
$217,592
Change in 5 years
+35.7%
Home value to income
3.0×
Monthly mortgage payment (20% down)
$1,328
Income needed to afford it
$53,106
Property tax rate
1.33%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,112
Market activity
Listings vs a year ago
−26.7%
Days on market
36
Listings with a price cut
11.0%
Show 3 more
Homes for sale
44
Pending sales per 100 listings
48
Asking price per sq ft
$151
People and jobs
Median household income
$81,191
Population change (1 year)
+0.4%
Unemployment rate
2.7%
Show 4 more
Population
16,531
Income adjusted for cost of living
$94,080
Net moves in (IRS)
+29
Cost of living (US = 100)
86.3
Schools, risk and environment
School rating (1 to 10)
5.1
FEMA hazard risk score (0 to 100)
18.0
Flood risk score
21.1
Show 3 more
Wildfire risk score
67.5
Walkability (1 to 20)
7.1
Road, rail and air noise
54 dB
Questions people ask
Is Otoe County, NE overvalued?
Home prices in Otoe County, NE are well above what local incomes have historically supported: fair value is about $217,592, so the area is 12.6% overvalued.
Is Otoe County, NE a buyer's or seller's market?
Otoe County, NE is a seller's market: homes take about 36 days to sell, listings are down 27% from a year ago, 11% of listings have had a price cut.
Are home prices going down in Otoe County, NE?
Home values in Otoe County, NE are up 2.7% over the last year.
How much do you need to earn to buy a home in Otoe County, NE?
A household needs about $53,106 a year to afford the typical home in Otoe County, NE at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $81,191.