If you own a mobile home park in Nebraska and are thinking about what it might be worth, or if you’re an investor trying to understand the Nebraska market, this report breaks down what current data shows about park valuations, transaction activity, and market conditions statewide.
Nebraska Mobile Home Park Valuation: Key Drivers
Mobile home park valuations in Nebraska — like anywhere — come down to four things: lot rent, occupancy, lot count, and location. Nebraska parks generally trade at higher cap rates than coastal markets, which means lower entry prices relative to income for buyers and lower valuations relative to cash flow for sellers.
According to CoStar market data, Nebraska mobile home parks are currently trading at a cap rate of 10.3%, compared to a five-year average of 13.2%. That compression in cap rates reflects rising values — the same income stream is worth more today than it was five years ago. Sale prices per unit averaged $66,330 over the past year, up from a five-year average of $57,070. Total sales volume hit $33 million in the past year, more than double the five-year average of $14 million.
For park owners, that means the market has been moving in your favor. For buyers, it means Nebraska still offers cap rates well above what you’d find in Florida or the Carolinas.
Get a free Nebraska mobile home park valuation here.
Nebraska Mobile Home Park Inventory
Our database tracks 296 mobile home parks across Nebraska. Of those:
- 234 are small parks — under 50 lots (79%)
- 37 are medium — 50 to 100 lots
- 25 are large — over 100 lots
The concentration of small parks is significant. Nearly 8 in 10 Nebraska parks fall into the small category — the profile most associated with long-term private ownership, below-market lot rents, and limited transaction history. These are the parks that rarely appear on listing platforms and are most likely to trade through direct owner outreach.
Browse all Nebraska mobile home parks in our directory.
Where Nebraska Parks Are Concentrated
Keith County leads the state with 18 parks, followed by Lincoln County and Scotts Bluff County with 17 each. Lancaster County (Lincoln) and Douglas County (Omaha) each have 16 parks. Dawson County has 15 and Buffalo County 14.
The distribution tells an interesting story — Nebraska’s park density isn’t concentrated in Omaha alone. Markets like Scotts Bluff, Kearney (Buffalo County), and Grand Island (Hall County) have meaningful park counts that rarely get investor attention.
Market Conditions
CoStar data shows Nebraska’s vacancy rate is currently running at 10.0%, above the five-year average of 8.2%. Absorption has been negative since 2022, meaning more units are being vacated than filled in the tracked universe. That’s worth noting for buyers underwriting occupancy assumptions.
Rent growth has been steady. Average effective rents have climbed from around $700 in 2016 to approximately $940 today — a 34% increase over a decade. That trajectory matters for valuation because lot rent upside is one of the primary value-creation levers in MHP investing.
One data point worth highlighting for sellers: 92% of Nebraska mobile home park sellers are private individuals or entities, not institutions. That’s consistent with what our park database shows — the overwhelming majority of Nebraska parks are privately held, many by families or individuals who have owned them for decades.
What Is Your Nebraska Mobile Home Park Worth?
Valuation in Nebraska depends heavily on current lot rents versus market rents, occupancy, and whether the park is in a metro-adjacent location or a rural market. Parks near Lincoln and Omaha trade differently than parks in outstate Nebraska — but both can represent strong value depending on the basis.
We provide free market valuations for Nebraska mobile home park owners. Our analysis draws on comparable sales data, current market conditions, and operational upside specific to your park’s location and profile.
No cost. No obligation. Results within 48 hours.
Request your free Nebraska mobile home park valuation.
Access the Full Nebraska Park Dataset
MHP Club members receive monthly state data drops with full location data, lot counts, and contact information for every park in the featured state. Nebraska is on our upcoming schedule.
Access the free interactive map showing every Nebraska park we track, or join MHP Club for the full state dataset when it drops.
MHP Club park data sourced from public records. Market data cited from CoStar Group. MyMobileHomeParkValue.com tracks 56,000+ mobile home parks across 49 states.