Kearney housing market

Buyer's marketKearney, NE metro areaData through Sep 2026
Typical home value
$299K
▲ 6.3% 1 yr
Typical rent
$1,686/mo
▲ 5.8% 1 yr
12-month forecast
+4.4%
#39 of 546 metros
Gross rent yield
6.8%
#154 of 546 · U.S. 6.3%
Days to pending
37 days
1 yr
Listings with a price cut
28%
▲ +7.3 pts 1 yr

Key takeaways

  • 1The typical home is worth $298,719, up 6.3% in a year and up 33% over five years.
  • 2Zillow forecasts home values rising 4.4% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,686/mo (+5.8% YoY), a 6.8% gross yield, above the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,642/mo in principal and interest, $44 less than renting.
  • 5Homes go under contract in 37 days; 28% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 39/100, #310 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $299K
$189K$223K$257K$291K2016201920222025
Typical monthly rent
Latest $1,686
$1,409$1,500$1,592$1,683202420252026

How fast homes are selling

Days to go under contract
Latest 37
253136422026
Share of listings with a price cut
Latest 27.8%
8.7%14.6%20.6%26.5%20182020202220242026
Homes for sale vs new listings
Latest 128
For saleNew listings
3710116422820182020202220242026
Share of homes sold above list price
Latest 36.7%
23.9%30.2%36.5%42.8%20252026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Kearney compares

MeasureKearneyUnited StatesRank of 546
Home value, 1-yr change+6.3%+1.2%#29
Home value, 5-yr change+32.9%+19.7%
12-month forecast+4.4%+1.1%#39
Rent, 1-yr change+5.8%+2.7%#81
Gross rent yield6.8%6.3%#154
Price-to-rent ratio14.815.8
Mortgage P&I on typical home$1,642$2,012
Days to pending3756

Cities in the Kearney metro

1 cities with home value and rent data.

Kearney$319K▲ 6.1%$1,686▲ 5.5%6.3%

Run the numbers

Other Nebraska metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.