Cheney, NE Housing Market

Homes for sale

The median sale price of a home in Cheney was $209K last month, up 59.5% since last year. The median sale price per square foot in Cheney is $168, up 60.0% since last year.

Trends
Demand
Migration
Schools
Climate

Cheney Housing Market Trends

What is the housing market like in Cheney today?

In August 2024, Cheney home prices were up 59.5% compared to last year, selling for a median price of $209K.

$209K

Sale Price

+59.5%
since last year

$168

Sale $/Sq. Ft.

+60.0%
since last year

Under List Price

7.1%

Days on Market

109

Down Payment

—

Total Homes Sold

To compare other locations to the Cheney and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Cheney add value to a home.

Cheney Migration & Relocation Trends

In Dec '24 - Feb '25, 43% of Cheney homebuyers searched to move out of Cheney, while 57% looked to stay within the metropolitan area.

Where are people moving to Cheney from?

Across the nation, 0.03% of homebuyers searched to move into Cheney from outside metros.
Kansas City homebuyers searched to move into Cheney more than any other metro followed by Denver and Los Angeles.

Where are people from Cheney moving to?

57% of Cheney homebuyers searched to stay within the Cheney metropolitan area.
Des Moines was the most popular destination among Cheney homebuyers followed by Omaha and Minneapolis.

Number of People Moving to Cheney

least

most

People are moving to Cheney from

Inbound		Net inflow
Metros		Nov '24 - Jan '25
1	Kansas City, MO	37
2	Denver, CO	27
3	Los Angeles, CA	13
4	San Diego, CA	8
5	San Francisco, CA	7
6	Seattle, WA	6
7	Chicago, IL	5
8	Kearney, NE	5
9	Grand Island, NE	3
10	Albuquerque, NM	3

People are leaving Cheney for

Outbound		Net outflow
Metros		Nov '24 - Jan '25
1	Des Moines, IA	28
2	Omaha, NE	24
3	Minneapolis, MN	16
4	Charlotte, NC	12
5	Las Vegas, NV	7
6	Portland, OR	5
7	Pensacola, FL	3
8	St. Louis, MO	3
9	Washington, DC	2
10	New York, NY	2

Methodology

This data does not reflect actual moves. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.

View houses in Cheney that sold recently

Recently sold homes

SOLD NOV 15, 2024
$149,950 Last Sold Price
—beds
0.5 baths
1,516 sq ft
8541 Lincoln St, Cheney, NE 68526
List Price
$149,950
Sale to List
0% over list
Days on Market
25 days
8541 Lincoln St, Cheney, NE 68526

Schools in Cheney

Learn about schools in the Cheney area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Cheney housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Cheney.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Moderate

100% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

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