Commercial Real Estate Market in Axtell, NE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Axtell, NE spans 107.2 square miles in Kearney County, Nebraska. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Axtell, NE runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Axtell, NE runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Axtell, NE runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Axtell, NE runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 100%
Largest Zones share of zoned land by district
Agricultural Residential
Axtell, NE zones 4,702 acres across 1 districts. The largest single district is Agricultural Residential at 100%.
Agricultural Residential (AGR)
This district is intended to provide for low-density, acreage residential development in selected areas in close proximity to the communities of Kearney County, or in rural areas with reasonable access to major rural roads. Generally, these districts are located near urban and built-up areas within reasonable reach of fire protection and hard surfaced roads.…
Market overview
Demographics & Economy
Axtell, NE has 1,204 residents in 590 households. Density runs 11 people per square mile. Median household income here is $82,083 and median gross rent $1,138 a month.
1,204
Population
590
Households
2
Avg Household Size
39
Median Age
33%
College-Educated
97%
High-School Grad
107.2 sq mi
ZIP Area
11
Density / Sq Mi
$82,083
Median Household Income
$54,817
Median Earnings
$1,138
Median Rent
$240,400
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Axtell?
Axtell, NE zones 4,702 acres across 1 districts, of which 0% is commercial and 0% industrial. The largest single district is Agricultural Residential at 100% of zoned land. This district is intended to provide for low-density, acreage residential development in selected areas in close proximity to the communities of Kearney County, or in rural areas with reasonable access to major rural roads. Generally, these districts are located near urban and built-up areas within reasonable reach of fire protection and hard surfaced roads.… Residential zoning covers 100% and open space 0%.
Methodology & data sources
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 4,702 zoned acres across 1 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
