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Advertise here →Ogallala, NE · Market Data
Ogallala, Nebraska real estate market data.
Real estate market data for Ogallala, NE (Keith County) — Census median home value $135,500, county listing prices down about 1.1% over the past year.
Ogallala, NE is in Keith County, Nebraska — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 4,800, with a median household income of $55,481. Census data puts Ogallala's median home value at $135,500.
At a glance
Ogallala market snapshot
Population
4,800
Median Household Income
$55,481
Median Home Value (city)
$135,500
Median Gross Rent
$738/mo
Price Trend (YoY)
-1.1%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Ogallala different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Ogallala's median home value — across all owner-occupied homes, not just recent sales — at $135,500.
County Price Trend
Keith County's FHFA house price index shows a -1.07% annual change in 2025.
Population & Income
Ogallala has an estimated population of 4,800 and a median household income of $55,481, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Ogallala's Census-reported median home value works out to about 2.4x the area's median household income, and median gross rent runs roughly 16% 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
Ogallala FAQ
What are home values like in Ogallala, NE?
The Census Bureau's American Community Survey puts Ogallala's median home value at $135,500.
What is the population of Ogallala, NE?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Ogallala's population at approximately 4,800.
What's the median rent in Ogallala, NE?
The Census ACS estimates median gross rent in Ogallala at approximately $738 per month.
What is the median household income in Ogallala, NE?
Census ACS data puts the median household income in Ogallala at approximately $55,481.
Is the Ogallala housing market growing?
Keith County's FHFA house price index shows a -1.07% annual change in 2025.
Is Ogallala, NE affordable relative to income?
Census ACS data puts Ogallala's median home value at about 2.4 times the median household income, with median gross rent equal to roughly 16% 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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