Grand Island, NE metro area Housing Market Brief
metro · NE · as of August 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.
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?
Our model forecasts Grand Island, NE metro area’s home prices to hold flat over the next 12 months (medium confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Grand Island, NE metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $268K | ▼ -10.7% |
| Median Days on Market | 66 days | ▲ +37.5% |
| Months of Supply | 3.0 | ▼ -9.1% |
| Homes for Sale | 154 | ▼ -17.6% |
| Homes Sold | 52 | ▼ -10.3% |
| Median Price / Sq Ft | $135 | ▲ +2.8% |
How has Grand Island, NE metro area’s Alpha Score moved?
Markets like Grand Island, NE metro area
- Zanesville, OH metro area, OHmetro51
- Frankfort, KY metro area, KYmetro52
- Gillette, WY metro area, WYmetro67
- Fremont, NE metro area, NEmetro63
- Columbia, MO metro area, MOmetro58
- Mount Vernon, OH metro area, OHmetro61
- Wooster, OH metro area, OHmetro67
- Norfolk, NE metro area, NEmetro56
- New Castle, IN metro area, INmetro60
- Fort Dodge, IA metro area, IAmetro60
Frequently asked questions
Is Grand Island, NE metro area a buyer's or seller's market?
As of August 2026, Grand Island, NE metro area is classified as a Balanced Market, based on its Alpha Score of 57 out of 100. The classification reflects current price, inventory, 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 $268K, having fallen 10.7% over the past year.
How affordable is Grand Island, NE metro area?
Grand Island, NE metro area scores 67 out of 100 on affordability — relatively 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 Economic Strength (78/100) and its weakest is Rental Yield (25/100). 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.