Norfolk, NE
Full City Profile · Nebraska · Pierce County County
3.3
/5.0
B
Good
25,962
Population
1,431/sq mi density
$62,175
Median Income
$36,287 per capita
$199,100
Home Value
$250,504 Zillow
$850
Median Rent
25.8% income on rent
48°F
Avg Temperature
291 sunny days/yr
130
Violent Crime/100K
1,543 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$62,175 median income, 1.8% unemployment
A+
Affordability
4.9 / 5.0
$199,100 home value, $850/mo rent
F
Safety
1.0 / 5.0
130 violent crimes/100K
C+
Education
2.9 / 5.0
24.0% bachelor's degree or higher
Housing Overview
Median Home Value
$199,100
29% below
US avg: $281,900
Median Rent
$850/mo
27% below
US avg: $1,163/mo
Homeownership Rate
63.2%
3% below US avg (65.4%)
Total Housing Units
11,557
Median year built: 1975
Home Value by Source
Census Median
$199,100
Zillow (ZHVI)
$250,504
Median Sale Price
$262,933
Median List Price
$259,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
63.2%
Owner-Occupied
36.8%
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:
$850/mo
· Zillow rent:
$1,251/mo
Market Indicators (Redfin)
Median Days on Market
63 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
14
Price Drops
19.4%
of listings with price reduction
Price Per Sq Ft
$114
Active Inventory
67
homes for sale
Affordability & Housing Stock
Rent Burden
25.8%
of renters spending 30%+ of income on housing
17% below US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
63.2%
Complete Housing Data
Home Values
| Census Median Value | $199,100 |
| Zillow Home Value (ZHVI) | $250,504 |
| Median Sale Price | $262,933 |
| Median List Price | $259,000 |
| Price Per Sq Ft | $114 |
Rent
| Census Median Rent | $850 |
| Zillow Rent (ZORI) | $1,251 |
| 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 | 63 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 19.4% |
| Homes Sold | 14 |
| Active Inventory | 67 |
| Price Per Sq Ft | $114 |
Ownership & Stock
| Owner-Occupied | 63.2% |
| Renter-Occupied | 36.8% |
| Homeownership Rate | 63.2% |
| Total Housing Units | 11,557 |
| Median Year Built | 1975 |
| Rent Burden | 25.8% |
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