Housing in Grand Island, NE
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$220,844
Median List Price
$265,000
Price Per Sq Ft
$123
Days on Market
40
Active Inventory
126
Months of Supply
4.5
Balanced market
Zillow Home Value
$246,814
ZHVI — January 2026
Zillow Rent Index
$1,260
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
21.4%
Off Market in 2 Weeks
22.9%
Sale-to-List Ratio
96.3%
Buyer's market
Market Activity
Source: RedfinHomes Sold
28
New Listings
40
Pending Sales
35
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$123
Median List $/SF
$125
Grand Island vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 50,000 - 100,000 residents. Grand Island is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$202,600
Median Rent
$913
Total Housing Units
21,366
Vacancy Rate
3.5%
Owner Occupied
59.5%
Renter Occupied
40.5%
Median Property Tax
$2,844
per year
Monthly Cost (w/ Mortgage)
$1,093
Housing Types
The current median sale price in Grand Island, NE is $220,844 according to Redfin data. Homes spend a median of 40 days on the market. 21.4% of homes sold above asking price. The market has 4.5 months of supply. The median price per square foot is $123. Zillow's observed rent index is $1,260/month. About 59.5% of housing units are owner-occupied. The median year homes were built is 1975. There are 21,366 total housing units.