US5.com
  1. Home
  2. States
  3. Nebraska
  4. ZIP 68847
  5. Housing & Real Estate
Kearney city, NE

ZIP 68847 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 68847

Median Home Value
$229,200
Median Rent
$789
Affordability Snapshot
$63,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,472/mo PITI).

13%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.1x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

24.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 68847 in Kearney city, NE, a household would need roughly $63,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,472. That sits below the local median household income ($74,877), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
68.8%+5% vs US avg
x
Vacancy Rate
5.9%-43% vs US avg
x
Broadband Access
91.7%+5% vs US avg
x
4+ Bedrooms
12.6%-15% vs US avg
x
Built Pre-1939
3.2%-75% vs US avg
x
Built Post-2014
1.8%-74% vs US avg
x
Rent Burden >30%
20.0%-60% vs US avg
x
Mortgage-Free
39.6%+4% vs US avg
x
$229,200
Home Value
$789
Rent
1980
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached61.3%
  • 1-unit attached8.1%
  • 2-9 units13.3%
  • 10+ units9.3%
  • Mobile home & other7.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$229,200
Median rent$789
Owner-occupied68.8%
Vacant5.9%
Price-to-income3.1x
Est. income to buy$63,000