Home Values

Grand Island Metro Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$133,900

  • 10.9% 1-year change
  • None 1-year forecast

The median home value in Grand Island Metro is $133,900. Grand Island Metro home values have gone up 10.9% over the past year. The median price of homes currently listed in Grand Island Metro is $155,000. The median rent price in Grand Island Metro is $770, which is lower than the Nebraska median of $925.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Grand Island Metro is 2.4%, which is lower than the national value of 6.3%.

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Relative ZHVI
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Grand Island Metro Market Overview

Data through Feb 28, 2015
  • $133,900 ZHVI
  • No data 1-yr forecast
  • $155,000 Median listing price
  • No data Median sale price
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Grand Island Metro Market Health

Data through Feb 28, 2015
  • No recent data
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • 2.4% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

1.6 homes Nebraska
3.9 homes United States
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Cities in Grand Island Metro

Name Median ZHVI
Doniphan $206,900
Grand Island $131,000
 

Listings & Sales

Data through Feb 28, 2015
  • $109 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 10.4% Listings with price cut
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Grand Island Metro Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,129 Grand Island Metro
    $1,197 Nebraska
    $1,355 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $770 Rent list price (Jan 31, 2015)
  • $0.66 Rent list price / sq ft (Jan 31, 2015)
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