Commercial Real Estate Market in Sprague, NE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Sprague, NE spans 0.1 square miles in Lancaster County, Nebraska. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Sprague, 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 Sprague, NE runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Sprague, 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 Sprague, 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 96.8%
- Residential 2.5%
- Industrial 0.4%
- Commercial 0.3%
Largest Zones share of zoned land by district
Exclusive Agricultural
Single Family Residential
General Industrial
Community Retail
Agricultural Rural
Exclusive Agricultural (AGX)
The intent of the Exclusive Agricultural District is to provide for a full range of agricultural and horticultural uses and to protect these established uses from encroaching development
Market overview
Demographics & Economy
Sprague, NE has 136 residents in 57 households. Density runs 1,349 people per square mile. Median household income here is $85,156 and median gross rent $1,563 a month.
136
Population
57
Households
2.4
Avg Household Size
38
Median Age
35%
College-Educated
93%
High-School Grad
0.1 sq mi
ZIP Area
1,349
Density / Sq Mi
$85,156
Median Household Income
$0
Median Earnings
$1,563
Median Rent
$189,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Centerville | — | — |
| Martell | — | — |
| Princeton | — | — |
| Roca | — | — |
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: 2,930 zoned acres across 6 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
