Grand Island, NE metro area Housing Market Brief
metro · NE · score computed October 2026
What is Grand Island, NE metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Population band 3 of 5 (population 58,778–112,360) · comparable within its band
Where is Grand Island, NE metro area in its market cycle?
Grand Island, NE metro area is classified as Mature — holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Grand Island, NE metro area?
Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Grand Island, NE metro area housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $249K | ▼ -10.9% | Redfin |
| Median Days on Market | 20 days | ▼ -59.2% | Redfin |
| Months of Supply | 3.1 | ▼ -3.1% | Redfin |
| Homes for Sale | 167 | ▼ -8.2% | Redfin |
| Homes Sold | 54 | ▼ -5.3% | Redfin |
| Median Price / Sq Ft | $125 | ▼ -4.9% | Redfin |
How has Grand Island, NE metro area’s Alpha Score moved?
Markets like Grand Island, NE metro area
- Frankfort, KY metro area, KYmetro62
- Wilmington, OH metro area, OHmetro64
- Oshkosh, WI metro area, WImetro68
- Bonham, TX metro area, TXmetro62
- Mount Airy, NC metro area, NCmetro61
- Stevens Point, WI metro area, WImetro63
- Plymouth, IN metro area, INmetro62
- Rolla, MO metro area, MOmetro60
- Albertville, AL metro area, ALmetro54
- Warsaw, IN metro area, INmetro73
Frequently asked questions
Is Grand Island, NE metro area a buyer's or seller's market?
In the scores computed October 2026, Grand Island, NE metro area is classified as a Seller's Market, based on its Alpha Score of 68 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Grand Island, NE metro area?
The median sale price in Grand Island, NE metro area is $249K, having fallen 10.9% over the past year, according to Redfin.
How affordable is Grand Island, NE metro area?
Grand Island, NE metro area scores 55 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Grand Island, NE metro area's Alpha Score?
Grand Island, NE metro area's strongest dimension is Price Momentum (91/100) and its weakest is Rental Yield (38/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Grand Island, NE metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.