Investor-grade market analytics for Norfolk, Nebraska. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through July 2026.
$260,533
+4.6% year-over-year
5.9%
gross annual
+4.5%
base case (Zillow ZHVF)
+4.5% year-over-year
15/100
Very LowNet migration: Bottom 22% nationally
In-migrants avg $48,678 AGI vs out-migrants $41,449
Opportunity Zone Market
1 ZIP codes in Norfolk are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Norfolk, NE shows steady growth at 4.6% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 3.91x, below the national average of 4.8x. Climate risk remains low (15/100), favorable for long-term investment stability. Rental yield of 5.88% is moderate, offering acceptable cash flow for leveraged investments.
12-month projection (Zillow ZHVF model)
Norfolk, NE's primary climate exposure is tornadoes (33/100). The composite climate risk score of 15/100 (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
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.