Commercial Real Estate Market in Craig, NE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Craig, NE spans 78.1 square miles in Burt County, Nebraska. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Craig, 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 Craig, NE runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Craig, 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 Craig, 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
- Agricultural 90.6%
- Residential 9.5%
Largest Zones share of zoned land by district
Transitional Agricultural
Primary Agricultural
Transitional Agricultural (TA)
The intent of this district is to recognize the transition between agricultural uses of land and communities; to encourage the continued use of that land which is suitable for agriculture, but limit the land uses that may be a detriment to the efficient pursuit of agricultural production
Market overview
Demographics & Economy
Craig, NE has 524 residents in 217 households. Density runs 7 people per square mile. Median household income here is $50,625 and median gross rent $1,083 a month.
524
Population
217
Households
2.4
Avg Household Size
45
Median Age
43%
College-Educated
95%
High-School Grad
78.1 sq mi
ZIP Area
7
Density / Sq Mi
$50,625
Median Household Income
$42,042
Median Earnings
$1,083
Median Rent
$135,200
Median Home Value
Tools
Nearby Markets
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: 1,929 zoned acres across 2 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
