Market Overview
Home Prices in Benkelman, NE
The median home value in Benkelman, NE is $157,524 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2% compared to a year ago and up 3.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Benkelman are priced62% below average.
Price History
Benkelman Home Price Trend
2022
$162,018
$162K
—
2023
$158,903
$159K
-1.9%
2024
$155,199
$155K
-2.3%
2025
$160,663
$161K
+3.5%
2026
$157,524
$158K
-2.0%
City Comparison
Benkelman vs. National Median
🏠 Benkelman
$157,524
National Median
$410,000
At $157,524, homes in Benkelman cost 62% below the national median of $410,000. This makes Benkelman a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Benkelman?
20% Down Payment
$31,505
on $157,524
Monthly P&I
$822/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,044/mo
incl. taxes & insurance
Income Needed
$41,760
gross annual (30% rule)
10% Down Option
$15,752
+ PMI applies
Loan Amount (20% dn)
$126,019
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Benkelman, NE?
The median home value in Benkelman is $157,524 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2% year-over-year.
How much have home prices changed in Benkelman?
Over the past year, home values in Benkelman have decreased by 2%.
How much do I need to earn to buy a home in Benkelman?
To comfortably afford the median home price of $157,524 with a 20% down payment ($31,505) at today's rates (6.8%), you'd need a gross annual income of approximately $41,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Benkelman compare to the national average home price?
The national median home value is approximately $410,000. At $157,524, homes in Benkelman are 62% below the national average.