Nebraska Home Prices & Values

$132,000 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 7.0% 1-year change
  • 3.2% 1-year forecast

The median home value in Nebraska is $132,000. Nebraska home values have gone up 7.0% over the past year and Zillow predicts they will rise 3.2% within the next year. The median list price per square foot in Nebraska is $104. The median price of homes currently listed in Nebraska is $149,000 while the median price of homes that sold is $148,250. The median rent price in Nebraska is $900.

Foreclosures will be a factor impacting home values in the next several years. In Nebraska 1.6 homes are foreclosed (per 10,000). This is lower than the national value of 4.4

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Nebraska is 2.0%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Nebraska homeowners underwater on their mortgage is 11.8%.

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Relative ZHVI
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Nebraska Market Overview

Data through Jul 31, 2014
  • $132,000 ZHVI
  • 3.2% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $149,000 Median listing price
  • $148,250 Median sale price
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Nebraska Market Health

Data through Jul 31, 2014
  • 9.8/10 Very healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • 86 Average days on Zillow (Jun 30, 2014)
  • 11.8% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 2.0% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

1.6 homes Nebraska
4.4 homes United States
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Cities in Nebraska

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Papillion $198,800 La Vista $147,000 Bellevue $146,100
Lincoln $139,700 Blair $130,900 Grand Island $130,700
Omaha $130,200 Norfolk $120,000 Beatrice $83,500

Listings & Sales

Data through Jul 31, 2014
  • $104 Median list price / sq ft
  • $106 Median sale price / sq ft
  • 37.5% Listings with price cut
15.0%
Sold below listing
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Nebraska Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,143 Nebraska
$1,318 United States
  • No data Breakeven horizon
  • $900 Rent list price
  • $0.91 Rent list price / sq ft
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