Investor-grade market analytics for Norfolk, Nebraska. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$242,557
+5.3% year-over-year
6.2%
gross annual
-6.1%
base case (Zillow ZHVF)
-6.1% year-over-year
Migration: Top 78% nationally
In-migrants avg $48,678 AGI vs out-migrants $41,449
Opportunity Zone Market
1 ZIP codes in Norfolk are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Norfolk, NE is experiencing strong growth with 5.3% year-over-year appreciation, indicating a seller's market with robust demand. Affordability remains favorable with a price-to-income ratio of 3.64x, below the national average of 4.8x. Climate risk remains low (15/100), favorable for long-term investment stability. Rental yield of 6.22% is strong, making this market attractive for buy-and-hold investors.
12-month projection (Zillow ZHVF model)
Norfolk, NE's primary climate exposure is tornadoes (33/100). The composite climate risk score of 15/100 (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
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.