Nebraska housing market data: median home price, year-over-year appreciation, inventory, months of supply, days on market, affordability, and what it means fo
Nebraska is currently a hot market. The median sale price sits near $268,000, up 3.9% from a year ago, with roughly 34,841 active listings and 2.2 months of supply. Homes are going under contract in about 39 days on average.
Nebraska's median sale price of $268,000 is 36.1% below the $419,300 national median, which places it 38 of 51 states by price level. Year-over-year appreciation of 3.9% ranks 20 of 51, so Nebraska is currently a faster-appreciating state relative to the rest of the country.
Inside the Midwest region, the median state price is $261,000, so Nebraska runs 2.7% richer than its regional peers — the closest comparisons are Minnesota at $341,000, Wisconsin at $312,000, South Dakota at $302,000, Illinois at $289,000. That gap matters for loan sizing: at the same rate, a Nebraska file carries roughly $7,000 more balance than the regional median, which changes qualifying income and the value of a rate-and-term option.
No individual Nebraska metro is broken out in this dataset, so the state figure is the most granular number we publish here. For submarket detail, work from county records and your MLS rather than treating the Nebraska median as a local comp.
Nebraska MLO licensing guide · Wholesale lenders serving Nebraska
Nebraska is currently a hot market. The median sale price sits near $268,000, up 3.9% from a year ago, with roughly 34,841 active listings and 2.2 months of supply. Homes are going under contract in about 39 days on average.
Affordability remains the binding constraint. At the current national average 30-year fixed rate near 6.42%, the typical payment on a median-priced home in Nebraska runs about $1,842 per month including taxes and insurance, against a median rent near $1,194. That gap is what determines whether purchase conversations in this market start with payment, with price, or with a buydown structure.
Supply is still tight relative to demand, which keeps competitive offers in play on well-priced inventory. Builder incentives are limited, and permits are running near 14,248 annualized units.
For originators, the practical read is this: pre-approval speed and appraisal-gap strategy still win deals here, and Realtor partnerships should emphasize how fast you can turn a fully underwritten approval.
Nebraska currently reads as a hot market with 2.2 months of supply. Balanced is generally considered four to six months, so this market still favors sellers.
The median sale price is approximately $268,000 as of 7/24/2026, up 3.9% from a year earlier.
No. Median prices are up about 3.9% year over year, though the pace of appreciation has slowed considerably from the 2021 peak.
The typical down payment on a closed transaction is near $29,844, and the resulting payment at the current national average 30-year fixed rate is roughly $1,842 per month including taxes and insurance. Low-down-payment FHA, VA, and conventional 3% options can materially reduce the cash required.
Our directional 12-month range is +2.3% to +5.7% on median price. Confidence is moderate; the rate path is the dominant variable.
Housing Market center · Today's mortgage rates · Mortgage Central