Housing · Ravenna

Ravenna, NE housing market

The typical Ravenna home is worth about $226,000, up 8.2% in a year, 19% below the Nebraska typical home.

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

The market right now

Ravenna at a glance

Typical home value
$226K
▲ 8.2% in a year · Zillow
Median sale price
$145K
May 2026 · Redfin
Homes sold
1
in May · 6 for sale

Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Ten-year trend

Typical home value, 2016–2026

RavennaNebraska
$100K$150K$200K$250K$300K 20182020202220242026 Ravenna $226K Nebraska $281K
Show as a table
JanuaryRavennaNebraska
2017$128,000$157,000
2018$130,000$167,000
2019$138,000$176,000
2020$144,000$187,000
2021$156,000$205,000
2022$172,000$227,000
2023$189,000$248,000
2024$192,000$259,000
2025$207,000$270,000
2026$216,000$278,000
August 2026$226,000$281,000
New construction

12 new homes permitted in 2025

Builders were permitted 12 new homes in Ravenna in 2025: 8 single-family houses and 4 in buildings with two or more homes, worth about $2.7 million to build. That's 8.7 per 1,000 residents, faster than across Nebraska (5.7). Over the past 10 years, Ravenna has permitted 27 homes in all.

New homes, 2025
12
▲ 9% vs 2024
2026 so far
6
Jan–Aug
Per 1,000 residents
8.7
Nebraska: 5.7
Single-family
67%
of 2025’s new homes
Single-familyTwo or more homes per building2026 so far
051015 2000: 2 homes 2000 2001: 1 home 2002: 1 home 2003: 2 homes 2004: 1 home 2005: 1 home 2005 2006: 4 homes 2007: 4 homes 2008: 3 homes 2009: 1 home 2010: 4 homes 2010 2011: 0 homes 2012: 0 homes 2013: 0 homes 2014: 4 homes (0 single-family, 4 in buildings with 2+ homes) 2015: 1 home 2015 2016: 2 homes 2017: 2 homes 2018: 0 homes 2019: 0 homes 2020: 0 homes 2020 2021: 0 homes 2022: 0 homes 2023: 0 homes 2024: 11 homes (7 single-family, 4 in buildings with 2+ homes) 2025: 12 homes (8 single-family, 4 in buildings with 2+ homes) 2025 2026 so far: 6 homes

Homes vs. people, 2010–2020

Residents+81
New homes+13

Between the 2010 and 2020 censuses, Ravenna gained 81 residents while 13 new homes were permitted: about 6.2 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. 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)660$1.6 million
20251284$2.7 million
20241174$2.5 million
2023000—
2022000—
2021000—
2020000—
2019000—
2018000—
2017220$575,000
2016220$575,000
2015110$150,000
2014404$100,000
2013000—
2012000—
2011000—
2010440$904,000
2009110$109,000
2008330$361,000
2007440$551,000
2006440$362,000
2005110$165,000
2004110$55,000
2003220$122,000
2002110$100,000
2001110$56,000
2000220$160,000

Ravenna'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.

Affordability

3.5 years of income

The typical Ravenna home costs about 3.5 years of the town's median household income, about the same as across Nebraska (3.7).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
65.6%
Nebraska: 66.5%
Median tax bill
$1,715
Nebraska: $3,549
Median rent
$921
Nebraska: $1,072
Typical home built
1950
Nebraska: 1975

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,020

HUD's Fair Market Rent for a two-bedroom in Ravenna is $1,020 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Ravenna pay a median of $921, so moving in tends to cost more than staying put. A two-bedroom takes about 19% of the town's median household income.

1 bedroom
$820
a month, with utilities
2 bedrooms
$1,020
a month, with utilities
3 bedrooms
$1,290
a month, with utilities
Share of income
19%
2 bedrooms ÷ median income

Studio $730 · 4 bedrooms $1,650

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (68869; Hall County, NE HUD Metro FMR Area), 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.

On the market

Recent listings in Ravenna

Listed in the past 60 days. Each opens on the listing site.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. 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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