Commercial Real Estate Market in Heartwell, NE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Heartwell, NE spans 45.9 square miles in Kearney County, Nebraska. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Heartwell, 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 Heartwell, NE runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Heartwell, 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 Heartwell, 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 99.7%
- Industrial 0.2%
- Commercial 0.2%
Largest Zones share of zoned land by district
Agricultural Residential
Residential
Industrial
Commercial
Heartwell, NE zones 2,733 acres across 4 districts. Commercial zoning covers 0.2% of zoned land, residential 99.7% and industrial 0.2%. The largest single district is Agricultural Residential at 98.5%. For commercial buyers the practical constraint is that only 0.4% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Heartwell, NE has 233 residents in 75 households. Density runs 5 people per square mile. Median household income here is $63,036 and median gross rent $825 a month.
233
Population
75
Households
3.1
Avg Household Size
36
Median Age
24%
College-Educated
100%
High-School Grad
45.9 sq mi
ZIP Area
5
Density / Sq Mi
$63,036
Median Household Income
$33,839
Median Earnings
$825
Median Rent
$312,500
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Heartwell?
Heartwell, NE zones 2,733 acres across 4 districts, of which 0.2% is commercial and 0.2% industrial. The largest single district is Agricultural Residential at 98.5% of zoned land. Residential zoning covers 99.7% 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: 2,733 zoned acres across 4 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
