Commercial Real Estate Market in Prosser, NE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Prosser, NE spans 186.1 square miles in Hall County, Nebraska. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Prosser, 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 Prosser, NE runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Prosser, 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 Prosser, 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 92.7%
- Commercial 3.8%
- Mixed use 3.6%
Largest Zones share of zoned land by district
Urban Residential District
Highway Commercial District
Village Development District
Prosser, NE zones 157 acres across 3 districts. Commercial zoning covers 3.8% of zoned land, residential 92.7%. The largest single district is Urban Residential District at 92.7%. For commercial buyers the practical constraint is that only 3.8% of land carries a commercial or industrial designation.
Urban Residential District (R-2)
The R-2 district is established for the purpose of urban density single-family dwelling control and to allow certain public facilities.
Market overview
Demographics & Economy
Prosser, NE has 2,194 residents in 965 households. Density runs 12 people per square mile. Median household income here is $88,333 and median gross rent $900 a month.
2,194
Population
965
Households
2.3
Avg Household Size
41
Median Age
22%
College-Educated
91%
High-School Grad
186.1 sq mi
ZIP Area
12
Density / Sq Mi
$88,333
Median Household Income
$43,877
Median Earnings
$900
Median Rent
$186,200
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Prosser?
Prosser, NE zones 157 acres across 3 districts, of which 3.8% is commercial and 0% industrial. The largest single district is Urban Residential District at 92.7% of zoned land. The R-2 district is established for the purpose of urban density single-family dwelling control and to allow certain public facilities. Residential zoning covers 92.7% 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: 157 zoned acres across 3 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
