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Grand Island, NE Real Estate

Grand Island is a city in Hall County, Nebraska with a population of about 52,761. The median home value is near $202,600, and median rent runs around $913/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$202,600
Median Rent
$913/mo
Population
52,761
Median Income
$62,439
Median Age
34.5
Homeownership
59.5%

Monthly payment on a median Grand Island home

Example for a $202,600 home: 20% down, 30-yr at ~6.75%, NE property tax ~1.40%, 0.4% insurance.

Est. monthly (PITI)
$1,355
Principal & interest
$1,051
Property tax / mo
$236
Down payment (20%)
$40,520

Grand Island at a glance

  • 13.3% of residents 25+ hold a bachelor's degree or higher.
  • 59.5% of occupied homes are owner-occupied.
  • Median household income is $62,439.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

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