$350,000
- 5 Beds
- 5 Baths
422 N Cleburn St, Grand Island, NE 68801
Amber Schuppan Coldwell Banker Action Holdings
$350,000
422 N Cleburn St, Grand Island, NE 68801
Amber Schuppan Coldwell Banker Action Holdings
$340,000
305-311 S Pine St, Grand Island, NE 68801
Eric Wright Summit Real Estate
The Stuhr Museum of the Prairie Pioneer transports visitors to an authentic 1890s railroad town, while the historic Railside District features local shops and outdoor concerts at Railside Plaza. The Nebraska State Fair brings exhibits, concerts, and carnival attractions annually, complementing year-round entertainment at Fonner Park's horse racing and casino. Outdoor recreation includes the Island Oasis Water Park with wave pools and slides, plus an extensive trail network throughout the city. Local dining highlights include the 80-year-old Coney Island Lunch Room, Wasabi Bistro's Asian cuisine, and The Chocolate Bar's culinary delights.
The Grand Island housing market includes various property types. Single-family homes have a median price of $270,000. Condominiums start at a median price of $136,000 for one-bedroom units and reach $294,500 for two-bedroom properties. Townhomes show a median price of $295,000. Hall County has a property tax rate of 1.37%, with Hastings at 1.44% and Kearney at 1.45%. The Nebraska state income tax rate is 5.20% for annual incomes of $40,374, with a combined sales tax rate of 6.97%.
Major employers include JBS Swift & Company, Case New Holland, and Chief Industries, supporting a stable job market. The Central Nebraska Regional Airport connects residents to select destinations, while Interstate 80 provides access to Omaha, 150 miles east. The climate features summer highs in the upper 80s Fahrenheit and winter lows in the teens, receiving 27 inches of rain and 29 inches of snow annually.
On average, homes in Grand Island, NE sell after 77 days on the market compared to the national average of 52 days. The median sale price for homes in Grand Island, NE over the last 12 months is $325,000, down 2% from the median home sale price over the previous 12 months.
Buyers in Grand Island often look for comfortable layouts, value-driven options, and homes with outdoor flexibility.
In Grand Island, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $340,000 to $350,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Grand Island is $350,000, while the average sale price is $380,886, offering insights into the local housing market. On average, multi-family homes spend 77 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Grand Island, NE.