20 / 100

Sarpy County, NE

RANK #789 / 1001 NAT  ·  POP 197,389

1YR FORECAST: +0.5%

5YR OUTLOOK: +24%

Our model projects Sarpy County's housing market at +0.5% over the next year, underperforming most U.S. counties.

[01] Why Sarpy County?

Bellevue, Nebraska's oldest contiguous city, anchors Sarpy County, located immediately south of Omaha. This position places residents within a short drive of Omaha's urban amenities, with commutes generally manageable. The county itself offers a blend of suburban living and natural scenery, bordered by the Platte and Missouri Rivers. Outdoor recreation is a key draw, with Fontenelle Forest providing miles of trails, wetlands, and a raptor exhibit, while Walnut Creek Recreation Area features a reservoir for boating and fishing, alongside extensive trails.

Life in Sarpy County often appeals to families and young professionals, drawn by highly-rated public schools and family-friendly neighborhoods. The economy is expanding, with significant investment in sectors like advanced manufacturing, technology, and defense, partly due to the presence of Offutt Air Force Base. This growth is supported by ongoing infrastructure improvements, including road projects, and a focus on workforce development.

MARKET PROFILE

Educated Suburban Growth

Sarpy County is one of 110 U.S. counties in this market profile — weaker than typical on the BoomTown Index. Within this cohort, its recent home-price change of +1.9% runs below the profile's typical +2.4%.

See all 110 Educated Suburban Growth counties →

[02] Market Snapshot

Housing Ratio
12.3x

Overvalued relative to economy

Home Prices
+1.9%

Above national median

Climate & Terrain
-2.0

Below-average climate & terrain

Price/Rent
18x

Above national median (15x)

Housing looks overvalued at 12.3x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Offutt Air Force Base Military
    10,000+
  2. 2
    Sarpy County Public Schools (Bellevue, Papillion-La Vista, Gretna) Education
    5,000+
  3. 3
    Werner Enterprises Logistics
  4. 4
    Amazon Logistics
  5. 5
    Kiewit Other
  6. 6
    Nebraska Medicine Bellevue Health Center Healthcare
  7. 7
    Sarpy County Government Government
  8. 8
    Hillcrest Health & Living Healthcare
  9. 9
    Oriental Trading Company Retail
  10. 10
    Streck Manufacturing

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Sarpy County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
197,389
+1.72% YoY
Median Household Income
$103,321
Median Home Value
$314,100
+1.92% 12mo
Median Rent
$1,334
Average Annual Pay
$60,309
+2.8% YoY
Employment
83,420
+3.1% YoY
Income-to-Home-Value
0.3289
More affordable than average
Migration Inflow
4.46%
of pop. from another state
Bachelor's Degree+
42.6%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$385,990
Days on Market
27
Active market
Months of Supply
1.3
Seller's market
Sale-to-List Ratio
101.6%
Homes selling above asking
Sold Above List
56.4%
Listings w/ Price Drops
29.8%
Building Permits (2025)
1,594
Single-Family Permits
1,221

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B+
SAFETY
GRADE
Homicide Rate
2.1
per 100K · nat avg 6.3
Firearm Fatalities
8.6
per 100K · nat avg 14.8
Injury Deaths
48.6
per 100K · nat avg 76.3
vs National Average
Well below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
36.7
Good
Good Air Days
73%
725 of 997 days
Unhealthy+ Days (3yr)
4
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
41
2022
32
2023
37
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$1,665M
TOTAL
PROJECT AMOUNT STATUS
Google Data Center Expansion (Papillion)
Google
$500M Operating
Turtle Creek Station (Natural Gas Power Plant)
Omaha Public Power District (OPPD)
$450M Operating
Meta Sarpy Data Center Campus Expansion
Meta
$400M Operating
Amazon Fulfillment Center (Papillion)
Amazon
$203M Operating
South Sarpy Expressway (10th Street to 42nd Street)
Sarpy County
$62M Under Construction
Meridian Marketplace Redevelopment (Mixed-Use)
Unknown
$50M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

Population Growth +1.7% 83 percentile
Income Growth +1.9% 29 percentile
Vacancy Rate 0.8% 64 percentile
Home Price Change +1.9% 54 percentile
Rent Growth +3.7% 64 percentile
Price/Rent 18x 26 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

Is Sarpy County, NE a good place to move to?

At 20/100, Sarpy County faces headwinds that place it in the lower third of the 1001 counties we track. Median income of $103,321 combined with job growth of +3.1% suggests the local economy is struggling to keep pace with national trends.

Is Sarpy County affordable?

Housing in Sarpy County is roughly in line with national affordability norms. The median home costs $314,100 and the income-to-home-value ratio sits at 0.33, with rents averaging $1,334/month. Not a bargain, but not a stretch for most local earners either.

Is Sarpy County growing or shrinking?

Sarpy County is growing on multiple fronts. Population is up +1.7% year-over-year while employers added jobs at a +3.1% clip. Home values shifted +1.9% in the past year.

Are people moving to Sarpy County?

There's a moderate stream of newcomers. About 4.46% of residents moved from another state, which is above average and suggests Sarpy County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Lancaster County, NE 34 Douglas County, NE 39 Hall County, NE 52 Buffalo County, NE 86 Clay County, FL 20 Johnson County, IA 20 Henry County, GA 20 Delaware County, OH 19