Housing · Callaway

Callaway, NE housing market

The typical Callaway home is worth about $208,000, up 8.1% in a year, 26% below the Nebraska typical home.

Home values, sales, trends and how Callaway compares with the towns next door — updated as new data is published.

The market right now

Callaway at a glance

Typical home value
$208K
▲ 8.1% in a year · Zillow
Ten-year trend

Typical home value, 2022–2026

CallawayNebraska
$175K$200K$225K$250K$275K$300K 20242026 Callaway $208K Nebraska $281K
Show as a table
JanuaryCallawayNebraska
2023$197,000$248,000
2024$195,000$259,000
2025$199,000$270,000
2026$198,000$278,000
August 2026$208,000$281,000
New construction

No new homes permitted in 2025

No permits for new homes were issued in Callaway in 2025. The last year with any was 2023 (1 new home).

New homes, 2025
0
0 in 2024
2026 so far
0
Jan–Aug
Single-familyTwo or more homes per building2026 so far
0246 2003: 3 homes 2003 2004: 2 homes 2005: 0 homes 2005 2006: 4 homes 2007: 0 homes 2008: 0 homes 2009: 2 homes 2010: 0 homes 2010 2011: 0 homes 2012: 0 homes 2013: 0 homes 2014: 0 homes 2015: 0 homes 2015 2016: 1 home 2017: 1 home 2018: 6 homes (4 single-family, 2 in buildings with 2+ homes) 2019: 0 homes 2020: 2 homes 2020 2021: 2 homes 2022: 2 homes 2023: 1 home 2024: 0 homes 2025: 0 homes 2025 2026 so far: 0 homes

Homes vs. people, 2010–2020

Residents+24
New homes+8

Between the 2010 and 2020 censuses, Callaway gained 24 residents while 8 new homes were permitted: about 3 new residents per new home. Building and growth moved roughly in step. 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
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025000—
2024000—
2023110$350,000
2022220$700,000
2021220$700,000
2020220$700,000
2019000—
2018642$915,000
2017110$212,000
2016110$200,000
2015000—
2014000—
2013000—
2012000—
2011000—
2010000—
2009220$475,000
2008000—
2007000—
2006440$700,000
2005000—
2004220$300,000
2003330$370,000

Callaway's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

The homes

Owners, rent & taxes

Homeownership
66%
Median tax bill
$1,772
Median rent
$631
Typical home built
1971

U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $960

HUD's Fair Market Rent for a two-bedroom in Callaway is $960 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Callaway pay a median of $631, so moving in tends to cost more than staying put.

1 bedroom
$730
a month, with utilities
2 bedrooms
$960
a month, with utilities
3 bedrooms
$1,340
a month, with utilities

Studio $670 · 4 bedrooms $1,470

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (68825; 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, August 2026. 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. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01