Grand Island, NE Home Values & Market Trends

Real estate market trends reflect that there have been 651 transactions over the past year in Grand Island. The median value for residential home transactions that occurred over the previous year is $261,819. The number of current listings in Grand Island is 531, and the percentage of properties for sale in the city is 531.00%. Grand Island, NE currently has 23 properties in foreclosure, 2 bank owned properties, 6 properties headed for auction, and 531 properties for sale.

Grand Island, NE Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
68803

$ 306,350

$ 226/sqft

68802

$ --

$ --

68801

$ 228,626

$ 184/sqft

Housing Market Summary for Grand Island, NE

Sep 2025September 2026Change
Median Listing Price$308.5K$320K3.73%
Median Sold Price$254.1K$211K-16.98%
Homes For Sale33251755.72%
Homes Sold18123932.04%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Grand Island, NE

Grand Island home values range from $78,726 to $828,601. The median estimated value of a home in Grand Island is $261,819. The median list price of a home is 319,900, and the total count of properties in the city is 826.

Foreclosure
There are 3 zips within Grand Island, NE; within these zips, the median estimated home value for homes in foreclosure ranges from $227,864 in 68803 to the lowest value of $133,092 in 68803. Foreclosure homes account for 2.00% of properties in Grand Island, NE with 68801 containing 16 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.82% of all residential properties in Grand Island, NE with 68801 containing 9 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Grand Island, NE; of those zips, the estimated home value for pre-foreclosure homes ranges from $227,864 in 68801 to the lowest home value of $133,092 in 68803.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Grand Island, NE ranges from the highest value of $218,754 in 68801 to the lowest value of $169,429 in 68801. Bank owned homes and properties account for 0.24% of properties in Grand Island, NE. There are 3 zips within Grand Island, NE; 68801 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    68801 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Grand Island, NE. Auction homes and other auction properties account for 0.73% of all properties in Grand Island, NE. There are 3 zips within Grand Island, NE; of those zips, the median estimated home value for homes going to auction ranges from $213,578 in 68803 to the lowest value of $150,713 in 68803.
Homes for Sale
Homes and properties that are actively listed for sale account for 64.29% of residential properties in Grand Island, NE with 68803 containing 271 homes for sale, the highest number of listed properties in a single zip. There are 3 zips within Grand Island, NE; homes for sale in those zips, have a range of median values from $820,675 in 68803 to the lowest value of $78,726 in 68801.
    Sold Homes
    The median value for recently sold homes ranges from $828,601 in 68803 to the lowest price of $79,451 in 68803. There are 3 zips within Grand Island, NE. 68801 has 139 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 30.15% of properties in Grand Island, NE.

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      Guide for Grand Island, NE

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.