Real Estate Investing in Wausa, Nebraska

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

2 ZIP codes • Population: 2,167 • Pierce County

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

🏠 For Homebuyers
MIXED
Grade C (58/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
WEAK
2.5 / 5 (40/100)

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: 20.6% of homes vacant — above national norms.

What’s happening in Wausa, NE?

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2.5/ 5

Investability

Citywide average

2.0/ 5

Appreciation

3.3% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $213,549
Avg Monthly Rent $864
ZIP Codes 2

Investing in Wausa Real Estate

Wausa in Nebraska is one of the markets where the numbers warn before they reward — 2 ZIPs, a sizable population, and a rating that reflects material risk.

Across Wausa's 2 ZIPs, fundamentals run subdued: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

Rents in Wausa at $864/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

The 0% renter share in Wausa masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Norfolk, NE

Wausa is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Wausa, NE. Anonymous, moderated, never written by AI.

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Avg Home Value
$213,549
Avg Monthly Rent
$864
1% Rule
✗ Below
Landlord Friendly (NE)

📉 Market Crash Risk Index

Based on Norfolk, NE metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
70%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Norfolk, NE metro
0
Days to pending
11.5%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Wausa, NE

Screen every ZIP in Wausa

Filter Wausa’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 Wausa, NE

Is Wausa, NE a good market for buy-and-hold investors?

Investors tracking Wausa, NE will find a 2.5/5 rating supported by $214K median home values and $864/mo rents. That profile suits long-term holders targeting stable returns.

What do landlords charge for rent in Wausa, NE?

Rent in Wausa, NE is around $864/mo. The resulting rent-to-value relationship with $214K pricing is reasonable for most investor models.

Is Wausa, NE better for rentals, flips, or BRRRR?

For Wausa, NE, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

What does house hacking look like in Wausa, NE?

The a challenging house-hack environment in Wausa, NE reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

Do landlords face vacancy issues in Wausa, NE?

Rental vacancy in Wausa, NE is elevated. Investors should budget normal turnover but not chronic empty units.

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