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Hershey, NE

Full City Profile · Nebraska · Lincoln County County

3.2 /5.0
B Good
671 Population 883/sq mi density
$79,375 Median Income $40,367 per capita
$150,000 Home Value $267,204 Zillow
$728 Median Rent 30.8% income on rent
50°F Avg Temperature 316 sunny days/yr
335 Violent Crime/100K 4,169 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$79,375 median income, 0.2% unemployment
A+
Affordability
5.0 / 5.0
$150,000 home value, $728/mo rent
F
Safety
1.0 / 5.0
335 violent crimes/100K
C
Education
2.1 / 5.0
13.6% bachelor's degree or higher

Housing Overview

Median Home Value
$150,000
47% below
US avg: $281,900
Median Rent
$728/mo
37% below
US avg: $1,163/mo
Homeownership Rate
83.2%
27% above US avg (65.4%)
Total Housing Units
298
Median year built: 1971

Home Value by Source

Census Median
$150,000
Zillow (ZHVI)
$267,204
Median Sale Price
$450,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

83.2%
Owner-Occupied
16.8%
Renter-Occupied
83%
17%
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: $728/mo

Market Indicators (Redfin)

Median Days on Market
96 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$257
Active Inventory
2
homes for sale

Affordability & Housing Stock

Rent Burden
30.8%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
83.2%

Complete Housing Data

Home Values

Census Median Value$150,000
Zillow Home Value (ZHVI)$267,204
Median Sale Price$450,000
Price Per Sq Ft$257

Rent

Census Median Rent$728
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 Market96
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory2
Price Per Sq Ft$257

Ownership & Stock

Owner-Occupied83.2%
Renter-Occupied16.8%
Homeownership Rate83.2%
Total Housing Units298
Median Year Built1971
Rent Burden30.8%