Commercial Real Estate Market in Crete, NE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
12 active listings and 341 off-market properties in Crete, NE.
Market Trends
Crete, NE spans 110.1 square miles in Saline County, Nebraska. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Crete, 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 Crete, NE runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Crete, 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 Crete, 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 80.6%
- Residential 7.2%
- Industrial 7.2%
- Civic 2.7%
- Commercial 2.3%
Largest Zones share of zoned land by district
Agriculture
Heavy Industrial
Two Family Residential
Multifamily Residential
Public District
Public District (P)
District is intended to provide parks, natural open space, and public facilities. The district is a special use classification intended to provide areas for the retention of public lands necessary for open spaces, parks, playgrounds, trails, and structures designed for public recreation and to provide areas for the location of government buildings and struct…
Market overview
Demographics & Economy
Crete, NE has 8,484 residents in 3,306 households. Density runs 77 people per square mile. Median household income here is $80,625 and median gross rent $857 a month.
8,484
Population
3,306
Households
2.6
Avg Household Size
33
Median Age
19%
College-Educated
74%
High-School Grad
110.1 sq mi
ZIP Area
77
Density / Sq Mi
$80,625
Median Household Income
$38,828
Median Earnings
$857
Median Rent
$218,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Kramer | — | — |
| Dorchester | — | — |
| Denton | — | — |
| Wilber | — | — |
Commercial property in Crete, NE asks $256/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Crete?
Commercial property in Crete, NE asks an average of $256 per square foot. The 5 most recent recorded sales traded at a median of $78/SF, so asking sits 227% above the achieved median.
Where does Realmo's Crete market data come from?
Realmo compiles Crete, NE figures from 5 recent recorded sales, 12 active sale listings, 341 tracked off-market properties, the current Crete zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 12 active for-sale and 0 active for-lease listings in Crete, NE. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- 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: 21,088 zoned acres across 11 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, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- 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
