Housing in Alliance
Detailed housing data — sourced from authoritative datasets and normalized for direct comparison.
Housing in Alliance, Nebraska
The housing market in Alliance is characterized by affordability, with a median home value of $161,800 as of 2024, which is considerably lower than the national median. The homeownership rate is high at 75.2%. While the median listing price has seen a slight year-over-year increase, it remains well below national figures. The median rent for an apartment is around $647 per month, making it significantly less expensive than the national average.
Housing
About Alliance, Nebraska
Alliance, Nebraska, is a city with a rich history, originally named Grand Lake before being renamed by a railroad superintendent in 1888 for business purposes. Incorporated in 1891, it's located at the western edge of Nebraska's Sandhills. The city has a cool semi-arid climate, characterized by significant seasonal temperature variations. Alliance is known for its community-oriented atmosphere and has seen a slight population decline in recent years, with a projected population of 7,883 in 2026. Despite this, it remains a stable community for those seeking a quieter pace of life.
About Nebraska
Nebraska, known as the "Cornhusker State," offers a blend of rural charm and urban opportunities with a strong sense of community. Its economy is deeply rooted in agriculture, particularly corn, soybeans, and cattle production, but also boasts growing sectors in manufacturing, finance, insurance, healthcare, and transportation. The cost of living in Nebraska is generally lower than the national average, primarily due to more affordable housing. The state experiences a continental climate with hot summers, cold and snowy winters, and significant seasonal temperature variations, with the eastern part being more humid and the western part semi-arid. Residents often enjoy a relaxed pace of life, friendly communities, and access to outdoor activities, though major entertainment and nightlife options are more concentrated in larger cities like Omaha and Lincoln.