The story of this market
The typical home in Bennet, Nebraska sells for about $272,400, or $145 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,260 a month.
Monthly price momentum
Home values since 2015
+3.2%
NE · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Bennet, Nebraska
Bennet's housing market remains stable, characterized by low inventory and high owner-occupancy rates. Demand is driven by its appeal as a safe, affordable bedroom community for Lincoln commuters, though the limited housing stock restricts transaction volume. Prices have seen steady appreciation, reflecting the broader regional trend of rising home values.
No ARED county foreclosure postings attributed to Bennet yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 1 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 3.2% year over year.
Homes spend a median of 42 days on market with 3.5 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.8% · poverty 0.9% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
The primary outdoor recreation space for the village, featuring open green space and facilities for community events. It serves as a central gathering point for residents and supports local youth sports leagues.
Bennet is ideal for families and professionals seeking a quiet, safe, and affordable small-town lifestyle within commuting distance of Lincoln. It is less suited for those requiring urban amenities, high-density rental options, or immediate access to public transit.
The city is served by the Palmyra District OR 1, which is generally regarded for its small-town educational environment and strong community support. Schools in the district are characterized by smaller class sizes and a focus on personalized student development, consistently meeting state accountability standards.
Transportation is entirely dependent on private vehicles, with access to Lincoln provided by regional highway networks. There is no public transit infrastructure within the village limits.
The city offers a small-town amenity base centered on local parks and community-focused outdoor spaces. Bennet Community Park serves as the primary hub for local recreation, providing residents with accessible green space and facilities for youth sports and community gatherings.
The rental market in Bennet is extremely limited, characterized by a very low inventory of multi-family units and a high owner-occupancy rate. Renters typically find housing in single-family homes, and vacancy pressure remains high due to the scarcity of available rental stock.
The local economy is largely residential, with most residents employed in the broader Lincoln metropolitan area. The industry mix is diverse, reflecting the regional economy of Lancaster County, with significant employment in government, education, and healthcare.
Bennet functions as a quiet residential satellite to the Lincoln metro area, with economic momentum driven by its proximity to the capital's employment hubs. Infrastructure development is focused on maintaining rural character while accommodating modest residential growth, with limited commercial expansion within the village limits.
Development planning is conservative, focusing on maintaining the village's rural character and managing infrastructure capacity. There are no major large-scale commercial or residential projects currently under construction.
Parcels in Bennet are subject to levies from the Palmyra District OR 1 school system and Lancaster County. There are no active MUDs or PIDs reported within the village limits.
Bennet maintains a very low crime rate, consistently ranking as one of the safer communities in the Lancaster County region. Reported incidents are minimal, with the area experiencing significantly lower violent and property crime rates compared to the national and state averages.
The area is primarily exposed to standard Midwestern climate risks, including severe thunderstorms, high winds, and occasional hail. Flood risk is generally low for most residential parcels, though property owners should consult local FEMA maps for specific drainage-basin proximity.
Property insurance premiums are influenced by the regional risk of severe weather, including wind and hail damage. Market health is stable, though homeowners should expect standard adjustments based on regional loss experience.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Nebraska) — Nebraska Homestead Exemption: Provides a reduction or exemption of property taxes on the primary residence (homestead) of qualified individuals. The specific exemption amount is determined by income brackets and disability status as defined in state statutes. State (Nebraska) — Nebraska Real Property Tax Assessment: Real property is assessed at or near 100% of actual value, except for agricultural and horticultural land, which is assessed at 75% of actual value. Agricultural land is assessed at 50% of actual value for school bond tax purposes.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this city's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from Census Reporter and CensusDepth profiles for Bennet village.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.