logo
  • live-work-shopping

  • live-work-recreation

  • live-work-education

  • business-economy-downtown-living

  • live-work-recreation-buffalo-run

Housing

Considering a move to Grand Island? You’ll love living and working here. Grand Island offers natural beauty, easy commutes and friendly people. We are also home to active, involved residents, future oriented educational institutions, and a strong multi-generational businesses.

Home_Building_insetGrand Island is a growing community of 49,939 with a 3% population increase in the last two years. Real estate choices reflect this growth. The 2013 average price per square foot for homes in Grand Island was $101. The average sold price for homes in 2013 was $131,691. The dream of owning your own home is strong in Grand Island with a 62% home ownership rate.

Looking for a modern condo downtown? Or maybe a family home by the lake? Perhaps new construction is your desire. Whatever you prefer, Grand Island has the home for you. Housing costs are below the national average and with home sales exceeding $105 million in 2013, you can be sure that one of Grand Island’s licensed real estate professionals can help you locate the perfect home.

If building your dream home is your family’s goal, Grand Island has numerous excellent builders and available properties to make this goal a reality. New home construction reached $25 million in 2013.

If you are planning a move to Grand Island, start with our Relocation Packet. It is full of the kind of useful information you’ll need to get started in your new city. Individuals and families from across the nation and the world have come to call Grand Island home. Here are a few reasons why. Relocation Testimonials

Grand Island Housing Affordability Index

Prepared by the UNL College of Business Administration, Bureau of Business Research
Author: Dr. Eric Thompson

Summary:  The Housing Affordability Index for Grand Island, Nebraska stood at 255.8 in July 2014. Any index value over 100.0 suggests that an existing single-family home is affordable for the median income family at prevailing interest rates. The June value, which is more than two times greater than 100.0, indicates that existing single-family homes are very affordable in Grand Island. Housing is also more affordable than in many other parts of the country. The Housing Affordability Index for the United States, which is computed by the National Association of Realtors, stood at 151.2 in June, 2014, the most recent month for which data is available. 

» Grand Island Housing Authority Index Report – August 2014

 

Property Valuations

 2014201320122011
Grand Island2,658,635,5052,574,553,7892,517,067,4602,459,250,522
Hall County4,258,409,1404,022,486,2413,860,618,995

 

Housing Sales

 201520142013
Total Volume Sales$111,617,029$106,221,738$104,892,742
Average Sale Price$143,026$139,950$131,691
Average Days on Market625661
New Listings1,0269311,033
New Housing$25,963,604

December Housing Sales

 20162015
Total New Listings5058
Median Sold Price$145,000$132,500
Average Sold Price$161,956$141,673
Average Days on Market7060
Total Sold Volume for Single Family Homes$10,220,177$10,425,988

 

Retirement Facilities

Grand Island has a wide variety of retirement resident options, including independent apartments, assisted living facilities, and skilled-care facilities for those needing more personal and medical assistance. With a wide variety of choices, your unique needs and interests are sure to be met.

Independent Living6
Assisted Living3
Nursing Home Care4
Skilled and Intermediate1
Alzheimer’s Specialty Care1
Affordable Housing for Elderly and Disabled2
Veterans Home1

 

Contact

Grand Island Area Chamber of Commerce
309 West Second Street
Post Office Box 1486
Grand Island, NE 68802-1486
Phone: 308.382.9210
Fax: 308.382.1154
» EMAIL

gichamber-logo

 

uschamber-accredited-wht