Keya Paha County’s underwriting tension is a declining Zillow value signal against modest covered-job growth, in a county of 822 residents. Underwriters able to validate a particular home’s lease income, flood exposure and sale comparables merit further investigation; those needing demonstrated liquidity or a computed cash yield should be cautious. Zillow reports a $317,074 county median home value for 2026-06, down 0.63% year over year. This is a county home-value measure, not a closed-sale or MLS asking-price series.
No measured market asking rent is published, so gross yield cannot be computed. The $961 HUD two-bedroom Fair Market Rent is a payment standard, not evidence of market asking rent and cannot be substituted into a yield calculation. The supplied effective property-tax rate is 1.29%, with a $1,404 median annual tax; these county figures do not establish the tax bill for a specific house. Price, rent and tax burden therefore cannot yet be reconciled into property-level carrying economics.
QCEW’s 2025 annual average counts 141 covered jobs at county workplaces, 0.71% above the preceding annual average, and reports a $651 average weekly covered-worker wage. It is neither resident employment nor an unemployment measure. Natural resources and mining, the largest disclosed private supersector, has 33 covered jobs and accounts for 45.21% of private covered employment, concentrating the disclosed workplace base. Purchase-mortgage data show one investor purchase among three total purchases, or a 33.33% investor share; that is participation evidence, not proof of durable buyer competition. Migration and mover-income data are not published.
Inland flood is the designated dominant hazard, and the modeled climate-loss ratio is 0.13% of building value per year; it is an expected-loss measure, not an insurance quote or a property-specific flood determination. No FHFA annual repeat-transaction HPI observation is supplied, so it cannot confirm or challenge Zillow’s direction. Realtor.com MLS listing price, active inventory, days on market and price-reduction data are also not published, preventing an assessment of asking-price positioning, visible supply, marketing time or seller concessions. Next checks are property-level lease comps, closed-sale comps, flood-zone and insurance records, and parcel tax data.