56Alpha

Grand Island, NE metro area Housing Market Brief

metro · as of July 2026

Balanced

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.

Price Momentum20%
69
Inventory Health25%
-0.967
Affordability20%
55
Economic Strength20%No data
50
Rental Yield15%
30

Where is Grand Island, NE metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Grand Island, NE metro area is classified as Growing strengthening, with scores rising over recent months. 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

MetricValueYoY
Median Sale Price$282K▲ +12.8%
Median Days on Market28 days-12.5%
Months of Supply2.2-21.4%
Homes for Sale147-0.7%
Homes Sold68▲ +28.3%
Median Price / Sq Ft$124▲ +2.2%

How has Grand Island, NE metro area’s Alpha Score moved?

Now: 56
12-period trend
Median sale price · 12 mo

Markets like Grand Island, NE metro area

Frequently asked questions

Is Grand Island, NE metro area a buyer's or seller's market?

As of July 2026, Grand Island, NE metro area is classified as a Balanced Market, based on its Alpha Score of 56 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 $282K, having risen 12.8% over the past year.

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 (69/100) and its weakest is Rental Yield (30/100). 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.