Markets/Nebraska/Grand Island

Grand Island, NE Real Estate Market 2026

Investor-grade market analytics for Grand Island, Nebraska. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$247,377

+3.0% year-over-year

Est. Rental Yield

6.1%

gross annual

12-Month Forecast

-6.1%

base case (Zillow ZHVF)

-6.1% year-over-year

Market Momentum

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Neutral
4.4mo supply ยท Score 0/7

Migration: Top 86% nationally

Income Migration

๐Ÿ“‰ Wealth Drain0.88x

In-migrants avg $47,678 AGI vs out-migrants $54,473

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Opportunity Zone Market

3 ZIP codes in Grand Island are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more โ†’

Grand Island Market Summary

Grand Island, NE shows steady growth at 3.0% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 3.67x, below the national average of 4.8x. Climate risk remains low (20/100), favorable for long-term investment stability. Rental yield of 6.07% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score90/100
Price-to-Income Ratio3.7x (national avg 4.8x)
Median Household Income$67,397

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-9.2%
Base Case-6.1%
Bull Case-3.1%

Climate & Natural Hazard Risk

Grand Island, NE's primary climate exposure is wind storms (57/100). The composite climate risk score of 20/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Grand Island dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.