Land and home values in Grand Island, NE
Grand Island is a city in Hall County, Nebraska, home to about 52,884 people. Residential land runs about $3.33 per sq ft, the typical home is worth about $246,000, and a 2-bedroom rents for about $1,140 a month, as of October 12, 2026.
Open on the satellite mapAsk us on WhatsAppValues in Grand Island
| Land: residential | $3.33 | per sq ft |
| Land: residential | $144,881 | per acre |
| Land: quarter-acre lot | $36,220 | 10,890 sq ft |
| Home: typical (median) | $246,000 | value |
| Home: entry-level | $139,000 | lower quartile |
| Home: upper-end | $293,000 | upper quartile |
| Build new | $194 | per sq ft, no land |
| Rent: 1-bedroom | $910 | per month |
| Rent: 2-bedroom | $1,140 | per month |
| Rent: 3-bedroom | $1,430 | per month |
| Rent: 4-bedroom | $1,870 | per month |
| Gross yield, 2-bed | 5.6% | a year |
ZIP codes
Questions people ask
How much is land worth in Grand Island, NE?
Residential land in Grand Island, NE is about $3.33 per square foot, or $144,881 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $36,220. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Grand Island, NE?
The typical (median) home in Grand Island, NE is worth about $246,000, with entry-level homes around $139,000 and upper-end homes around $293,000, as of October 2026.
How much is rent in Grand Island, NE?
A 2-bedroom rents for about $1,140 a month in Grand Island, NE, a 1-bedroom about $910 and a 3-bedroom about $1,430 (gross rent including utilities, HUD Fair Market Rent basis).
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.