Cities with the fastest growing home prices in Grand Island metro area

Written by:
January 19, 2023
Arina P Habich // Shutterstock

Cities with the fastest growing home prices in Grand Island metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Grand Island, NE metro area using data from Zillow. Cities are ranked by 1-year price change as of December 2022. The typical home value in the United States increased over the last year by +8.4%% to $356,819. All 16 cities and towns with data available were included in the list.

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1 / 16
Stacker

#16. Howard City, NE

- 1-year price change: +$285 (+0.4%)
- 5-year price change: +$196,408 (data not available)
- Typical home value: $74,847 (#16 most expensive city in metro)
2 / 16
Stacker

#15. Alda, NE

- 1-year price change: +$8,412 (+6.2%)
- 5-year price change: +$43,220 (+42.8%)
- Typical home value: $144,220 (#15 most expensive city in metro)
3 / 16
Stacker

#14. Dannebrog, NE

- 1-year price change: +$10,275 (+4.4%)
- 5-year price change: +$54,506 (+29.1%)
- Typical home value: $241,707 (#6 most expensive city in metro)
4 / 16
Stacker

#13. Central City, NE

- 1-year price change: +$11,617 (+7.1%)
- 5-year price change: +$57,977 (+49.3%)
- Typical home value: $175,520 (#11 most expensive city in metro)
5 / 16
Stacker

#12. Saint Paul, NE

- 1-year price change: +$12,096 (+7.6%)
- 5-year price change: +$57,910 (+50.7%)
- Typical home value: $172,200 (#12 most expensive city in metro)

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6 / 16
Stacker

#11. Farwell, NE

- 1-year price change: +$12,420 (+5.8%)
- 5-year price change: +$53,486 (+31.2%)
- Typical home value: $225,164 (#8 most expensive city in metro)
7 / 16
Stacker

#10. Wood River, NE

- 1-year price change: +$13,248 (+9.0%)
- 5-year price change: +$53,486 (data not available)
- Typical home value: $161,262 (#14 most expensive city in metro)
8 / 16
Stacker

#9. Silver Creek, NE

- 1-year price change: +$13,280 (+8.9%)
- 5-year price change: +$56,839 (+53.5%)
- Typical home value: $163,158 (#13 most expensive city in metro)
9 / 16
Stacker

#8. Palmer, NE

- 1-year price change: +$13,963 (+6.6%)
- 5-year price change: +$81,677 (+57.0%)
- Typical home value: $224,934 (#9 most expensive city in metro)
10 / 16
Stacker

#7. Saint Libory, NE

- 1-year price change: +$15,367 (+5.4%)
- 5-year price change: +$99,069 (+49.2%)
- Typical home value: $300,364 (#2 most expensive city in metro)

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11 / 16
Stacker

#6. Grand Island, NE

- 1-year price change: +$15,516 (+7.5%)
- 5-year price change: +$63,198 (+39.9%)
- Typical home value: $221,661 (#10 most expensive city in metro)
12 / 16
Stacker

#5. Clarks, NE

- 1-year price change: +$15,999 (+7.4%)
- 5-year price change: +$86,152 (+58.7%)
- Typical home value: $232,817 (#7 most expensive city in metro)
13 / 16
Stacker

#4. Cairo, NE

- 1-year price change: +$16,848 (+7.2%)
- 5-year price change: +$73,458 (+41.1%)
- Typical home value: $252,327 (#5 most expensive city in metro)
14 / 16
Stacker

#3. Doniphan, NE

- 1-year price change: +$19,764 (+6.7%)
- 5-year price change: +$84,966 (+37.1%)
- Typical home value: $314,010 (#1 most expensive city in metro)
15 / 16
Stacker

#2. Archer, NE

- 1-year price change: +$20,071 (+8.4%)
- 5-year price change: +$84,966 (data not available)
- Typical home value: $258,250 (#4 most expensive city in metro)

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16 / 16
Stacker

#1. Chapman, NE

- 1-year price change: +$24,969 (+9.9%)
- 5-year price change: +$90,288 (+48.1%)
- Typical home value: $278,152 (#3 most expensive city in metro)

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