Real Estate Investing in Hay Springs, Nebraska

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 1,410 • Sheridan County

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Should you buy in Hay Springs, NE? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (72/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 23.4% of homes vacant — above national norms.

What’s happening in Hay Springs, NE?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.3% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.95% as of Sep 17 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $166,890
Avg Monthly Rent $864
ZIP Codes 1

Investing in Hay Springs Real Estate

With a sizable population across 1 ZIPs, Hay Springs shows the kind of modest fundamentals that keep most out-of-state capital on the sidelines.

Hay Springs is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. firmly out-of-state investors should be especially careful with the assumptions they carry in.

Rent trends and price trends in Hay Springs are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Nebraska.

Population dynamics in Hay Springs haven't been supportive. better suited elsewhere for combined with thin income growth, the demographic backdrop complicates any purely financial underwriting.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

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Avg Home Value
$166,890
Avg Monthly Rent
$864
1% Rule
✗ Below
Landlord Friendly (NE)

ZIP Codes in Hay Springs, NE

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Filter Hay Springs’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Hay Springs, NE

How do home values compare in Hay Springs, NE?

In Hay Springs, NE the median home value sits at $167K. Against the broader NE market, that reads as reasonable for most investors.

Is house hacking profitable in Hay Springs, NE?

House hacking in Hay Springs, NE is reasonable to execute. Prices around $167K and rents of $864/mo solid owner-occupant economics.

How strong is Hay Springs, NE for real estate investors?

Hay Springs, NE rates 3.0/5 for investability. With median values at $167K and rents near $864/mo, the market offers reasonable fundamentals for rental investors.

What kind of vacancy should I budget for in Hay Springs, NE?

Hay Springs, NE vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

What is it like being a landlord in Hay Springs, NE?

NE ranks as a landlord-friendly state for landlord-tenant law. Hay Springs generally follows the statewide framework, so landlords face reasonable operating rules.

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