Norfolk, Madison County, NE

Median Home Price Price

$243,105 $243.1K

Median Monthly Rent Rent

$1,081 $1.1K

19.0x

Market Snapshot

Norfolk, Madison County, NE is a city market with a median home price of $243,105, a median monthly rent of $1,081, a GRM of 19.0x, and a price-to-rent ratio of 18.7.

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These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Norfolk

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Benchmark comparison

Compare Norfolk, NE to another market.

Norfolk, NE
Columbus, NE
Delta
Median rent
$1,081
N/A
Median price
$243,105
N/A
YoY change
+$86
N/A
Price-to-rent
18.7x
Data unavailable

Key takeaways

  • Norfolk, Madison County, NE has a higher-grm screening profile: At 19.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $86 year over year.
  • Next discovery step: compare Columbus, Platte County, NE from the Within state set.