The story of this market
The typical home in Garden County, Nebraska sells for about $55,000, or $79 per square foot.
Prices are roughly flat from a year ago (-0.9%), a market in balance. Homes take about 124 days to sell, which is slow. The biggest natural hazard here is lightning, which FEMA rates very high. HUD's fair market rent for a two-bedroom is $1,014 a month.
HUD sets the fair market rent for a 2-bedroom at $1,014 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively High.
Monthly price momentum
Home values since 2015
+3.2%
NE · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,208
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Natural hazard exposure
The area's risk shape
87
Relatively High
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $3,062,324.
Mortgage activity
Home lending in this county
63%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 38 | 15 | 63% | 0% | $75,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Garden County, Nebraska
Garden County's housing market is characterized by low transaction volume and stagnant price growth. The market is currently favoring buyers due to limited demand, despite low inventory levels. Economic reliance on agriculture continues to drive local market stability.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 3 cities · 5 ZIP reports
Median prices moved up 4.3% year over year.
Homes spend a median of 111 days on market with 8.2 months of supply — a slower-moving market.
11% of listings have cut prices · homes sell at 97% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 11.2% — a stable, low-distress profile.
Deterministic aggregate of 4 researched ZIP reports of 5 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 28
researched Sep 28
researched Sep 28
researched Sep 28
researched Sep 28
| 69147 | Lewellen | $125,000 | $85 | +2.1% | 142 | 96% | 8% | 12 | 12 | $839 | researched Sep 28 |
| 69148 | Lisco | $150,000 | $115 | +2.5% | 145 | 98% | — | 12 | 4 | $850 | researched Sep 28 |
| 69152 | Madrid | — | $118 | +9% | 65 | 97% | 12% | 4.2 | 5 | $598 | researched Sep 28 |
| 69154 | — | $231,608 | $135 | +9% | 42 | 97.5% | 12% | 3.2 | 38 | $690 | researched Sep 28 |
| 69165 | Paxton | $204,000 | $115 | +2.5% | 120 | 97% | 15% | 8.3 | 25 | $771 | researched Sep 28 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
The local economy is primarily agricultural, with limited industrial or commercial development momentum reported.
Property taxes are assessed by the Garden County Assessor based on market value, with rates determined by local school districts and municipal levies.
The area features access to Lake McConaughy and regional outdoor recreation opportunities.
The rental market is limited in depth, with low vacancy pressure and minimal short-term rental activity.
The economy is heavily reliant on agriculture and ranching, with minimal major corporate presence.
Transportation is primarily served by state highways with no major public transit infrastructure.
The Garden County Assessor manages property valuations for tax purposes.
Parcels are subject to local school district and county-wide service levies.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
A major regional reservoir providing fishing, boating, and camping opportunities.
Data retrieved from US Census Bureau QuickFacts and profile pages.
applies when — Applies to qualified claimants including certain veterans, individuals with disabilities, and low-income seniors based on income and property value thresholds.
Provides a reduction or exemption of property taxes on the primary residence (homestead) of qualified individuals. The specific exemption amount is determined by income brackets and disability status as defined in state statutes.
Neb. Rev. Stat. §§ 77-3501 to 77-3530.
Real property is assessed at or near 100% of actual value, except for agricultural and horticultural land, which is assessed at 75% of actual value. Agricultural land is assessed at 50% of actual value for school bond tax purposes. Taxes are calculated by applying local mill levies to the assessed value.
Nebraska Constitution Article VIII; Neb. Rev. Stat. § 77-1344; 2025 Property Assessment Division Annual Report.
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.