Hershey, NE
Full City Profile · Nebraska · Lincoln County County
3.9
/5.0
B+
Good
671
Population
883/sq mi density
$79,375
Median Income
$40,367 per capita
$150,000
Home Value
$286,017 Zillow
$728
Median Rent
30.8% income on rent
50°F
Avg Temperature
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$79,375 median income, 0.3% unemployment
A+
Affordability
5.0 / 5.0
$150,000 home value, $728/mo rent
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)
$286,017
Redfin Median Sale
$450,000
Median Sale Price
$450,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
83.2%
Owner-Occupied
16.8%
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:
$728/mo
Market Indicators (Redfin)
Median Sale Price
$450,000
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) | $286,017 |
| Redfin Median Sale | $450,000 |
| 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 Market | 96 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 2 |
| Price Per Sq Ft | $257 |
Ownership & Stock
| Owner-Occupied | 83.2% |
| Renter-Occupied | 16.8% |
| Homeownership Rate | 83.2% |
| Total Housing Units | 298 |
| Median Year Built | 1971 |
| Rent Burden | 30.8% |