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These days, finding an affordable place to live in the Litchfield area can be challenging. Home prices in Litchfield are now at a median cost of $184,057, lower than the Nebraska average of $252,353.
The average cost of rent is $722/mo in Litchfield, primarily driven by the current value of real estate in the Litchfield area. In Litchfield, 17.86% of households rent, and 59.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Litchfield is $5,796 per month. Households that rent pay about 12.46% of their income on rent here. Litchfield’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hazard, NE: equally priced homes
- Mason City, NE: equally priced homes
- Loup City, NE: less expensive homes
- Pleasanton, NE: higher priced homes
- Ansley, NE: less expensive homes
- Rockville, NE: less expensive homes
- Ravenna, NE: equally priced homes
- Miller, NE: higher priced homes
- Arcadia, NE: equally priced homes
- Ashton, NE: less expensive homes
Cities with Similar Populations
- White Oak Flat, TN: higher priced homes
- Yampa, CO: higher priced homes
- Wye Mills, MD: higher priced homes
- Dennis, NC: equally priced homes
- Diamondville, WY: equally priced homes
- Dixonville, OR: higher priced homes
- Douglas, NE: higher priced homes
- Du Pont, GA: less expensive homes
- Durham, MO: equally priced homes
- Dutton, MT: higher priced homes
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