Norfolk, NE

Metro area in Nebraska · Updated Jan 2026

12-Month Forecast ↑ +2.1%

Median Home Value

$242,557

↑ +5.3%

Year-over-year

Median Rent

$1,258/mo

↑ +6.8%

Year-over-year

Rental Yield

6.2%

Excellent for investors

5-Year Appreciation

+37.1%

Active Listings

153

For-sale inventory

Price-to-Rent Ratio

16.1

Neutral market

Price Forecast

1 Month

↑ +0.6%

3 Months

↑ +1.3%

12 Months

↑ +2.1%

5-Year Price Trend

Calculate your mortgage for Norfolk, NE

See monthly payments for a $242,557 home →

Should you rent or buy in Norfolk, NE?

Price-to-rent ratio: 16.1x — It depends on your timeline. Run a full breakeven analysis with Norfolk, NE numbers pre-filled →

Frequently Asked Questions