Broken Bow, NE housing market
Home prices around Broken Bow have risen about 33% over the past 5 years. Builders were permitted 4 new homes in 2025.
Home values, sales, trends and how Broken Bow compares with the towns next door — updated as new data is published.
Home prices up 33% in 5 years
The federal house price index for the ZIP code around Broken Bow rose 33% over the past 5 years, slower than across Nebraska (49%). Last year prices rose 16%. Carrying the Census median home value forward with that index puts the typical Broken Bow home at roughly $186,000 today.
Show as a table
| Year | Change that year | Since 2000 | Nebraska since 2000 |
|---|---|---|---|
| 2025 | +16% | +191% | +147% |
| 2024 | −7% | +152% | +139% |
| 2023 | +12% | +171% | +128% |
| 2022 | +6.5% | +141% | +111% |
| 2021 | +3.5% | +126% | +84% |
| 2020 | +0.3% | +119% | +66% |
| 2019 | +4.7% | +118% | +61% |
| 2018 | +7.7% | +108% | +53% |
| 2017 | −1.5% | +93% | +46% |
| 2016 | +11% | +96% | +38% |
| 2015 | +0.6% | +76% | +32% |
| 2014 | +9% | +75% | +27% |
| 2013 | +10% | +61% | +22% |
| 2012 | −3.9% | +46% | +20% |
| 2011 | +9% | +52% | +19% |
| 2010 | +1.9% | +39% | +19% |
| 2009 | −0.8% | +37% | +21% |
| 2008 | −0.8% | +38% | +21% |
| 2007 | +5.4% | +39% | +22% |
| 2006 | +6.4% | +32% | +21% |
| 2005 | +3.7% | +24% | +18% |
| 2004 | +11% | +20% | +13% |
| 2003 | −0.4% | +7.5% | +8.4% |
| 2002 | −2.4% | +7.9% | +6.5% |
| 2001 | +11% | +11% | +3.7% |
| 2000 | — | — | — |
How Broken Bow ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 68822, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
4 new homes permitted in 2025
Builders were permitted 4 new homes in Broken Bow in 2025, all single-family houses, worth about $1.4 million to build. That's 1.1 per 1,000 residents, slower than across Nebraska (5.7). Over the past 10 years, Broken Bow has permitted 55 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Broken Bow's population fell by 53 even though 66 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Nebraska: 1.8 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 9 | 4 | 5 | $2.6 million |
| 2025 | 4 | 4 | 0 | $1.4 million |
| 2024 | 10 | 2 | 8 | $2.7 million |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 9 | 3 | 6 | $1.3 million |
| 2021 | 9 | 3 | 6 | $1.3 million |
| 2020 | 4 | 4 | 0 | $795,000 |
| 2019 | 4 | 4 | 0 | $795,000 |
| 2018 | 5 | 5 | 0 | $960,000 |
| 2017 | 5 | 5 | 0 | $636,000 |
| 2016 | 5 | 5 | 0 | $1.4 million |
| 2015 | 3 | 3 | 0 | $404,000 |
| 2014 | 35 | 13 | 22 | $4.1 million |
| 2013 | 9 | 3 | 6 | $1.1 million |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 1 | 1 | 0 | $149,000 |
| 2005 | 3 | 1 | 2 | $365,000 |
| 2004 | 3 | 1 | 2 | $365,000 |
| 2003 | 3 | 1 | 2 | $365,000 |
| 2002 | 2 | 2 | 0 | $390,000 |
| 2001 | 1 | 1 | 0 | $140,000 |
| 2000 | 6 | 6 | 0 | $754,000 |
How Broken Bow ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
2.2 years of income
The typical Broken Bow home costs about 2.2 years of the town's median household income, less than across Nebraska (3.7 years).
How Broken Bow ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $960
HUD's Fair Market Rent for a two-bedroom in Broken Bow is $960 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Broken Bow pay a median of $876. A two-bedroom takes about 19% of the town's median household income.
Studio $670 · 4 bedrooms $1,470
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (68822; Custer County, NE), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.