Commercial Real Estate Market in Ulysses, NE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Ulysses, NE spans 77.6 square miles in Butler County, Nebraska. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Ulysses, 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 Ulysses, NE runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Ulysses, 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 Ulysses, 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 83.1%
- Commercial 10.6%
- Industrial 6.3%
Largest Zones share of zoned land by district
Single And Two Family District
Single Two And Multiple Family District
General Commercial District
Industrial
Ulysses, NE zones 134 acres across 4 districts. Commercial zoning covers 10.6% of zoned land, residential 83.1% and industrial 6.3%. The largest single district is Single And Two Family District at 68.2%. For commercial buyers the practical constraint is that only 16.9% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Ulysses, NE has 503 residents in 267 households. Density runs 6 people per square mile. Median household income here is $91,382 and median gross rent $1,375 a month.
503
Population
267
Households
1.9
Avg Household Size
46
Median Age
17%
College-Educated
98%
High-School Grad
77.6 sq mi
ZIP Area
6
Density / Sq Mi
$91,382
Median Household Income
$50,765
Median Earnings
$1,375
Median Rent
$161,240
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Surprise | — | — |
| Gresham | — | — |
| Rising City | — | — |
| Shelby | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Ulysses?
Ulysses, NE zones 134 acres across 4 districts, of which 10.6% is commercial and 6.3% industrial. The largest single district is Single And Two Family District at 68.2% of zoned land. Residential zoning covers 83.1% 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: 134 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
