Nebraska housing market: home prices by city and forecast
For Nebraska home prices, the Zillow Home Value Index put a typical home’s value at $278,299 in September 2026, +3.0% versus the year before.
- Typical value of a home
- $278,299September 2026, Zillow ZHVI
- Change over 12 months
- +3.0%US +1.2%
- Change over 10 years
- +82.8%US +77.4%
- Multiple from 2000 onward
- ×2.40US ×2.99
- Price relative to income
- 3.6, with a median income of $76,376.
Among the 50 states and DC, with the highest values first, Nebraska places 38th for typical home value and 15th for the 12-month change. Growth since 2000 places it 40th of 47, while price to income places it 44th.
Nebraska home prices since 2000
In January 2000, the typical Nebraska home was worth $116,021; it later reached $278,299. Its peak came in September 2026, also at $278,299.
| Decade | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2000s | $117,054 | $112,018 | $112,204 | $117,121 | $123,224 | $128,439 | $132,602 | $134,004 | $130,926 | $129,046 |
| 2010s | $130,669 | $126,864 | $127,492 | $132,072 | $136,738 | $142,897 | $151,162 | $159,444 | $169,434 | $178,832 |
| 2020s | $190,871 | $215,457 | $239,312 | $251,524 | $261,304 | $269,089 |
Nebraska home prices since 1975: the FHFA index
FHFA’s repeat-sales index (1975 = 100) put Nebraska at 834 for 2025. During Q2 2026, it showed a +3.2% year-over-year change.
Owners reported a Nebraska value of $2,156 in 1940 and $88,000 in 2000 through the Census of Housing.
| Census year | Nebraska median value | US median value |
|---|---|---|
| 1940 | $2,156 | $2,938 |
| 1950 | $5,918 | $7,354 |
| 1960 | $9,400 | $11,900 |
| 1970 | $12,400 | $17,000 |
| 1980 | $38,000 | $47,200 |
| 1990 | $50,400 | $79,100 |
| 2000 | $88,000 | $119,600 |
No inflation adjustment applies. Census of Housing tables
Home prices in Nebraska by city
Here you find pages for 2 cities, largest first:
| City | Typical value of a home | Change over 12 months | Multiple from 2000 onward |
|---|---|---|---|
| Omaha | $294,607 | +2.3% | ×2.54 |
| Lincoln | $291,408 | +2.8% | ×2.48 |
| Bellevue | $299,002 | +3.3% | |
| Grand Island | $252,818 | −0.7% | |
| Papillion | $412,736 | +2.6% | |
| Kearney | $318,869 | +6.1% | |
| Fremont | $250,966 | +3.4% | |
| Norfolk | $258,233 | +3.4% | |
| North Platte | $217,300 | +6.8% | |
| Columbus | $269,930 | +1.8% | |
| Hastings | $201,848 | +1.4% | |
| Gretna | $430,559 | +2.2% | |
| La Vista | $308,494 | +3.3% | |
| Scottsbluff | $185,788 | +3.4% | |
| South Sioux City | $235,075 | +5.0% |
Zillow Home Value Index, September 2026.
What metro forecasts show for Nebraska prices
Zillow's forecasts covering 12 months, from September 2026 for 2 Nebraska metros, range between +2.7% and +2.8%:
| Metro | Next 3 months | Next 12 months |
|---|---|---|
| Omaha, NE | +1.1% | +2.8% |
| Lincoln, NE | +1.1% | +2.7% |
This is Zillow's estimate, not investment advice.
Nebraska cost of living
Nebraska's price level stands at 90.1 (US 100), including housing at 75.2, goods at 94.1, utilities at 75.6, and other services at 93.0 (BEA). Median household income is $76,376, and median gross rent is $1,102 a month (Census ACS 2024). Of homes, 67% are owner-occupied, and the median year built is 1976.
For all states, see cost of living by state; for city pages, see Omaha.
Understanding what this chart shows
The first chart shows dollars and reaches its peak of $278,299 in September 2026. The index in the second chart ends with Nebraska at 834. This puts prices there at 8.3 times their 1975 level. Both charts are not adjusted for inflation.