The median home in Norfolk, Nebraska is valued at $247,251, up 5.7% year over year. Typical monthly rent is $1,269, producing a price-to-rent ratio of 16.2x — near the national average of 18x. Norfolk is part of the Norfolk, NE metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
See the full metro analysis: Norfolk, NE stress score, crash risk, and 12-month forecast →
Home Value$247,251
+5.7%
Rent$1,269/mo
AFFORDABILITYRenting $521/mo cheaper ($1,269 rent)6.50% 30yr, 20% down, county tax + NE ins. 28% per HUD.
Enter your income for Norfolk.
$49,450 on $247,251
Stretch — 28.6% of income
Above 28% but manageable with cuts.
PITI$1,790
P/I28.6%
Afford$242K
Gap-$6K
P&I $1,250Tax $356Ins $183
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Nebraska
Compare Norfolk with other housing markets across Nebraska.
Full Norfolk, NE analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Norfolk, NE metro.
View Norfolk, NE metro →