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Grand Island, NE
Full City Profile · Nebraska · Hall County County
3.1
/5.0
B
Good
52,761
Population
1,752/sq mi density
$62,439
Median Income
$33,464 per capita
$202,600
Home Value
$249,961 Zillow
$913
Median Rent
28.7% income on rent
52°F
Avg Temperature
308 sunny days/yr
455
Violent Crime/100K
2,553 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$62,439 median income, 2.4% unemployment
A+
Affordability
4.9 / 5.0
$202,600 home value, $913/mo rent
F
Safety
1.0 / 5.0
455 violent crimes/100K (20% above avg)
C+
Education
2.7 / 5.0
20.7% bachelor's degree or higher
Housing Overview
Median Home Value
$202,600
28% below
US avg: $281,900
Median Rent
$913/mo
21% below
US avg: $1,163/mo
Homeownership Rate
59.5%
9% below US avg (65.4%)
Total Housing Units
21,216
Median year built: 1974
Home Value by Source
Census Median
$202,600
Zillow (ZHVI)
$249,961
Median Sale Price
$279,355
Median List Price
$289,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
59.5%
Owner-Occupied
40.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$706/mo
1 Bedroom
$791/mo
2 Bedroom
$1,001/mo
3 Bedroom
$1,274/mo
4 Bedroom
$1,409/mo
Census median rent:
$913/mo
· Zillow rent:
$1,263/mo
Market Indicators (Redfin)
Median Days on Market
77 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
28
Price Drops
18.4%
of listings with price reduction
Price Per Sq Ft
$117
Active Inventory
125
homes for sale
Affordability & Housing Stock
Rent Burden
28.7%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
59.5%
Complete Housing Data
Home Values
| Census Median Value | $202,600 |
| Zillow Home Value (ZHVI) | $249,961 |
| Median Sale Price | $279,355 |
| Median List Price | $289,000 |
| Price Per Sq Ft | $117 |
Rent
| Census Median Rent | $913 |
| Zillow Rent (ZORI) | $1,263 |
| FMR Studio | $706 |
| FMR 1-Bedroom | $791 |
| FMR 2-Bedroom | $1,001 |
| FMR 3-Bedroom | $1,274 |
| FMR 4-Bedroom | $1,409 |
Market
| Days on Market | 77 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 18.4% |
| Homes Sold | 28 |
| Active Inventory | 125 |
| Price Per Sq Ft | $117 |
Ownership & Stock
| Owner-Occupied | 59.5% |
| Renter-Occupied | 40.5% |
| Homeownership Rate | 59.5% |
| Total Housing Units | 21,216 |
| Median Year Built | 1974 |
| Rent Burden | 28.7% |