Buffalo County, Nebraska: The Clear Choice for Residential Development

Buffalo County is experiencing consistent, measurable growth. With a projected population increase of 7% over the next decade, residential demand is outpacing supply. Real estate developers have a rare opportunity to get ahead of the curve in a market where housing construction is essential to economic momentum.

Developers who move now will benefit from a strong labor force, competitive construction costs, a supportive permitting environment, and rising resident demand attracted by quality schools, major healthcare facilities, and an active cultural and recreational landscape.

The Market Signals Are Clear

Buffalo County’s fundamentals support immediate residential development:

Population: 50,084 (7% projected growth by 2035)
Labor force: 27,017
Median household income: $74,570
Median home value: ~$300,000
Building permits issued (2024): 127
Cost of living: 12% below the national average, 8% below the Nebraska average

The county’s largest city, Kearney, is a regional anchor with expanding post-secondary institutions, modern medical facilities, and a young, educated workforce. Buffalo County also benefits from a low median age and high talent retention rates, making it a long-term, stable housing market.

Room to Build, Reasons to Stay

Local governments across Buffalo County support housing growth. Infrastructure investments and collaborative permitting processes are in place to accelerate new developments. Whether you’re building starter homes, multifamily housing, or move-up properties, you’ll find demand at every price point.

Amenities that attract and retain residents include:

Two full-service hospitals and University of Nebraska Medical Center facilities
University of Nebraska at Kearney and Central Community College
Top-rated public and private K–12 schools
Arts, museums, and a growing food and entertainment scene
Expansive parks, trails, and outdoor recreation

Residents enjoy clean, well-maintained neighborhoods, a high quality of life, and strong civic pride. Kearney’s annual Give Where You Live event raises over $1 million in 24 hours, reflecting the deep community engagement that makes Buffalo County a long-term destination for families.

Housing Demand Is Outpacing Supply

One hundred twenty-seven residential building permits were issued in 2024—insufficient to meet projected demand. With 5.1% population growth expected by 2027 and significant enrollment across local colleges, the market is well-positioned for developers who can deliver a variety of housing types quickly and at scale.

Developments in Buffalo County also benefit from proximity to major employers, strong transportation access, and shovel-ready sites available throughout the region.

Build Where It Makes Sense

Buffalo County’s appeal is driven by more than affordability. It’s a location where civic infrastructure, cultural assets, and workforce access all support sustained growth. Real estate developers will find a receptive market, a clear demand signal, and partners ready to support responsible, timely housing development.

Act Now

Contact the Development Council for Buffalo County to identify available sites, get data on housing gaps, and connect with local leaders ready to move your project forward.