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Advertise here →Grand Island, NE · Market Data
Grand Island, Nebraska real estate market data.
Real estate market data for Grand Island, NE (Hall County) — Census median home value $202,600, county listing prices down about 7.3% over the past year.
Grand Island, NE is in Hall County, Nebraska — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 52,761, with a median household income of $62,439. Census data puts Grand Island's median home value at $202,600 (all owner-occupied homes); Hall County's current median listing price runs $324,350, down about 7.3% over the past year.
At a glance
Grand Island market snapshot
Population
52,761
Median Household Income
$62,439
Median Home Value (city)
$202,600
Median Listing Price (Hall County)
$324,350
Median Gross Rent
$913/mo
Price Trend (YoY)
-7.3%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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Advertise here →Why Grand Island
What makes Grand Island different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Grand Island's median home value — across all owner-occupied homes, not just recent sales — at $202,600. Separately, Hall County's current median listing price (via Realtor.com data, 2026-06-01) runs $324,350. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Hall County's FHFA house price index shows a 2.75% annual change in 2025.
Population & Income
Grand Island has an estimated population of 52,761 and a median household income of $62,439, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Grand Island's Census-reported median home value works out to about 3.2x the area's median household income, and median gross rent runs roughly 18% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Grand Island FAQ
What are home values like in Grand Island, NE?
The Census Bureau's American Community Survey puts Grand Island's median home value at $202,600. Hall County's current median listing price runs $324,350, down about 7.3% over the past year.
What is the population of Grand Island, NE?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Grand Island's population at approximately 52,761.
What's the median rent in Grand Island, NE?
The Census ACS estimates median gross rent in Grand Island at approximately $913 per month.
What is the median household income in Grand Island, NE?
Census ACS data puts the median household income in Grand Island at approximately $62,439.
Is the Grand Island housing market growing?
Hall County's FHFA house price index shows a 2.75% annual change in 2025.
Is Grand Island, NE affordable relative to income?
Census ACS data puts Grand Island's median home value at about 3.2 times the median household income, with median gross rent equal to roughly 18% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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