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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
63%
37%
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 Market63
Sale-to-List Ratio1.0%
Price Drops19.4%
Homes Sold14
Active Inventory67
Price Per Sq Ft$114

Ownership & Stock

Owner-Occupied63.2%
Renter-Occupied36.8%
Homeownership Rate63.2%
Total Housing Units11,557
Median Year Built1975
Rent Burden25.8%