The story of this market
The typical home in Otoe County, Nebraska sells for about $227,250, or $135 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 65 days to sell, which is slow. Over the long run, values in this county have grown 105% since 2000. Last year 4 of 5 neighborhoods saw prices rise, so the story isn't the same street to street. The biggest natural hazard here is hail, which FEMA rates relatively high. HUD's fair market rent for a two-bedroom is $1,112 a month.
HUD sets the fair market rent for a 2-bedroom at $1,112 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Moderate.
Price climate
Every year of price change, 2000–2025
+3.6%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+15.6%). Worst: 2008 (-5%). Hover to read a year.
Monthly price momentum
Home values since 2015
+3.2%
NE · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,464
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+3.6%
2025 change
FHFA repeat-sales index, median of 5 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
71
Relatively Moderate
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $11,047,409.
Mortgage activity
Home lending in this county
85.4%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 545 | 330 | 85.4% | 5.5% | $165,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Otoe County, Nebraska
Otoe County's housing market shows steady appreciation and low inventory, reflecting a stable rural economy. Demand remains consistent, supported by a low unemployment rate and moderate population growth, though limited supply continues to exert upward pressure on prices.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 8 cities · 11 ZIP reports
Median prices moved up 0.0% year over year.
Homes spend a median of 20 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 34.95% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.4% · poverty 9.1% — a stable, low-distress profile.
Deterministic aggregate of 9 researched ZIP reports of 11 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Otoe County, Nebraska — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Each property observation weighs one in its ZIP's deterministic roll-up — property-level records (taxes, scores, permits) never roll individually. Latest property research run Sep 14, 2026.
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| 68305 | Auburn | $98,900 | $85 | +2.1% | 92 | 96% | 12% | 7 | 28 | $792 | researched Sep 28 |
| 68310 | Beatrice | $162,500 | $85 | +2.1% | 68 | 97.5% | 12% | 4.8 | 42 | $761 | researched Sep 28 |
| 68344 | Douglas | $399,000 | $236 | — | 78 | 100% | — | — | 7 | $725 | researched Sep 28 |
| 68346 | Dunbar | $245,000 | $142 | +2.1% | 88 | 98.5% | — | 3 | 3 | $1,150 | researched Sep 28 |
| 68407 | Murray | $178,600 | $115 | +3.2% | 45 | 98% | 15% | 6 | 12 | $1,045 | researched Sep 28 |
| 68410 | Nebraska City | — | — | +3.5% | 45 | 98.2% | 12% | 3.4 | 62 | $953 | researched Sep 28 |
| 68417 | Otoe | — | — | — | — | — | — | — | — | $1,031 | researched Sep 28 |
| 68418 | Palmyra | $335,000 | $133 | — | 45 | 98% | — | — | 6 | $1,306 | researched Sep 28 |
| 68446 | Syracuse | $275,371 | — | — | — | — | — | — | — | $583 | researched Sep 28 |
| 68448 | Talmage | $187,000 | $104 | +2.1% | 82 | 96.2% | 18.5% | 6.4 | 12 | $1,278 | researched Sep 28 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Crime rates in Otoe County remain low and generally stable, consistent with rural Nebraska trends and significantly below national averages for violent and property crime.
Public schools in the county are primarily served by Nebraska City Public Schools and surrounding rural districts, generally maintaining stable performance ratings within the state accountability framework.
The county faces moderate risk from severe thunderstorms and wind events, with localized flood risks primarily along the Missouri River corridor; property insurance premiums are stable but sensitive to regional weather patterns.
Economic momentum is driven by agriculture, food processing, and local government, with Nebraska City serving as the primary commercial hub; infrastructure development remains focused on maintaining existing rural transit corridors.
Property taxes are levied by the county, school districts, and local municipalities based on assessed valuations; Nebraska utilizes a property tax credit program to offset school district levies for residential owners.
The economy is anchored by agriculture, manufacturing, and healthcare, with Nebraska City serving as the primary employment center.
The county is served by a network of state highways including US-75 and NE-2, facilitating regional connectivity to the Omaha metropolitan area.
The Otoe County Assessor maintains property valuations based on annual market analysis and state-mandated assessment cycles.
Parcels are subject to levies from the county, school districts, and various natural resources districts for flood control and water management.
Property insurance markets are stable, though premiums are influenced by regional exposure to severe convective storms and wind damage.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
The historic home of J. Sterling Morton, founder of Arbor Day.
Forms the eastern border of the county, providing recreational access.
Data retrieved from Census Reporter and U.S. Census Bureau QuickFacts.
applies when — Applies to qualified claimants including certain veterans, individuals with disabilities, and low-income seniors based on income and property value thresholds.
Provides a reduction or exemption of property taxes on the primary residence (homestead) of qualified individuals. The specific exemption amount is determined by income brackets and disability status as defined in state statutes.
Neb. Rev. Stat. §§ 77-3501 to 77-3530.
Real property is assessed at or near 100% of actual value, except for agricultural and horticultural land, which is assessed at 75% of actual value. Agricultural land is assessed at 50% of actual value for school bond tax purposes. Taxes are calculated by applying local mill levies to the assessed value.
Nebraska Constitution Article VIII; Neb. Rev. Stat. § 77-1344; 2025 Property Assessment Division Annual Report.
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.