Markets/Nebraska/Grand Island

Grand Island, NE Real Estate Market 2026

Investor-grade market analytics for Grand Island, Nebraska. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through August 2026.

Median Home Price

$256,149

+0.5% year-over-year

Est. Rental Yield

6.2%

gross annual

12-Month Forecast

+0.5%

base case (Zillow ZHVF)

+0.5% year-over-year

Climate Risk

20/100

Very Low

Market Momentum

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Warm
2.2mo supply ยท Score +2/7

Net migration: Bottom 14% nationally

Income Migration

๐Ÿ“‰ Wealth Drain0.88x

In-migrants avg $47,678 AGI vs out-migrants $54,473

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Opportunity Zone Market

3 ZIP codes in Grand Island are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more โ†’

Grand Island Market Summary

Grand Island, NE is in a stabilization phase with 0.5% year-over-year appreciation, suggesting cooling demand and a shift toward balanced conditions. Affordability remains favorable with a price-to-income ratio of 3.8x, below the national average of 4.8x. Climate risk remains low (20/100), favorable for long-term investment stability. Rental yield of 6.18% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score89/100
Price-to-Income Ratio3.8x (national avg 4.8x)
Median Household Income$67,397

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+0.2%
Base Case+0.5%
Bull Case+0.7%

Climate & Natural Hazard Risk

Grand Island, NE's primary climate exposure is wind storms (57/100). The composite climate risk score of 20/100 (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

Get the full Grand Island dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.