Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$234,464+1.8% YoY · prices are rising
Market right nowSeller's marketFewer homes for sale than last year, 0% have cut their price
Income needed to buy, per year$50,827About 0.8× the local median income ($67,058): affordable for a typical household
Days on market150 daysSlower than a year ago: buyers have time to negotiate
The typical home in Wheeler County, NE is worth $234,464, up 1.8% from a year ago. That is well below what local incomes have historically supported: fair value is about $263,017, so the area is 10.9% undervalued. It is a seller's market: homes take about 150 days to sell, listings are down 50% from a year ago, 0% of listings have had a price cut. A household needs about $50,827 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 $67,058. In the latest IRS figures, 42 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
$234,464
Change in 1 year
+1.8%
Overvalued %
−10.9%
Show 6 more
Fair home value
$263,017
Change in 5 years
+19.4%
Home value to income
3.5×
Monthly mortgage payment (20% down)
$1,271
Income needed to afford it
$50,827
Property tax rate
0.80%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,014
Market activity
Listings vs a year ago
−50.0%
Days on market
150
Listings with a price cut
0.0%
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Homes for sale
2
Pending sales per 100 listings
50
Asking price per sq ft
$162
People and jobs
Median household income
$67,058
Population change (1 year)
−0.4%
Unemployment rate
2.3%
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Population
789
Income adjusted for cost of living
$77,703
Net moves in (IRS)
−42
Cost of living (US = 100)
86.3
Schools, risk and environment
School rating (1 to 10)
2.0
FEMA hazard risk score (0 to 100)
5.5
Flood risk score
2.4
Show 3 more
Wildfire risk score
45.9
Walkability (1 to 20)
4.8
Road, rail and air noise
55 dB
Questions people ask
Is Wheeler County, NE overvalued?
Home prices in Wheeler County, NE are well below what local incomes have historically supported: fair value is about $263,017, so the area is 10.9% undervalued.
Is Wheeler County, NE a buyer's or seller's market?
Wheeler County, NE is a seller's market: homes take about 150 days to sell, listings are down 50% from a year ago, 0% of listings have had a price cut.
Are home prices going down in Wheeler County, NE?
Home values in Wheeler County, NE are up 1.8% over the last year.
How much do you need to earn to buy a home in Wheeler County, NE?
A household needs about $50,827 a year to afford the typical home in Wheeler County, NE at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $67,058.