Garfield, NE housing market
Home prices around Garfield have risen about 33% over the past 5 years.
Home values, sales, trends and how Garfield 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 codes around Garfield rose 33% over the past 5 years, slower than across Nebraska (49%). Last year prices rose 16%.
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 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 68822, 68874, covering 77% of Garfield’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Garfield and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Garfield | — | +15.6%† | $990 | — |
| Broken Bow | $178K | +10.5% | $970 | $127,895 |
† FHFA price index change, where Zillow has no home value for the town.
A two-bedroom rents for about $990
HUD's Fair Market Rent for a two-bedroom in Garfield is $990 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $690 · 4 bedrooms $1,500
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (68822, 68874; 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. 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.