Home Values

Nebraska Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$133,600

  • 4.7% 1-year change
  • 3.3% 1-year forecast

The median home value in Nebraska is $133,600. Nebraska home values have gone up 4.7% over the past year and Zillow predicts they will rise 3.3% 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 $144,500 while the median price of homes that sold is $143,650. The median rent price in Nebraska is $895.

Foreclosures will be a factor impacting home values in the next several years. In Nebraska 1.3 homes are foreclosed (per 10,000). This is lower than the national value of 4.0

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 2.2%, which is lower than the national value of 6.4%. 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 12.0%.

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Relative ZHVI
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Nebraska Market Overview

Data through Jan 31, 2015
  • $133,600 ZHVI
  • 3.3% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jan 31, 2016)
  • $144,500 Median listing price
  • $143,650 Median sale price
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Nebraska Market Health

Data through Jan 31, 2015
  • 9.8/10 Very healthy
    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.
    (Dec 31, 2014)
  • 89 Average days on Zillow (Dec 31, 2014)
  • 12.0% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 2.2% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

1.3 homes Nebraska
4 homes United States
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Cities in Nebraska

Name Median ZHVI
Gretna $210,900
Papillion $199,400
La Vista $149,200
Name Median ZHVI
Bellevue $146,600
Lincoln $140,900
Grand Island $136,000
Name Median ZHVI
Norfolk $131,700
Omaha $131,500
 

Listings & Sales

Data through Jan 31, 2015
  • $104 Median list price / sq ft
  • $100 Median sale price / sq ft
  • No data Listings with price cut
16.6%
Sold below listing
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Nebraska Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,195 Nebraska
    $1,350 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • $895 Rent list price
  • $0.90 Rent list price / sq ft
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