Market Overview
Home Prices in Bertrand, NE
The median home value in Bertrand, NE is $230,852 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.2% compared to a year ago and up 5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bertrand are priced44% below average. Bertrand is part of the Lexington, NE metro area.
Over the past five years, Bertrand home values have risen by approximately18.3%, reflecting steady appreciation in this market.
Price History
Bertrand Home Price Trend
City Comparison
Bertrand vs. National Median
At $230,852, homes in Bertrand cost 44% below the national median of $410,000. This makes Bertrand a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Bertrand?
20% Down Payment
$46,170
on $230,852
Monthly P&I
$1,204/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,529/mo
incl. taxes & insurance
Income Needed
$61,160
gross annual (30% rule)
10% Down Option
$23,085
+ PMI applies
Loan Amount (20% dn)
$184,682
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 Bertrand, NE?
The median home value in Bertrand is $230,852 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.2% year-over-year.
How much have home prices changed in Bertrand?
Over the past year, home values in Bertrand have increased by 2.2%. Over five years, prices have risen approximately 18.3%.
How much do I need to earn to buy a home in Bertrand?
To comfortably afford the median home price of $230,852 with a 20% down payment ($46,170) at today's rates (6.8%), you'd need a gross annual income of approximately $61,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Bertrand compare to the national average home price?
The national median home value is approximately $410,000. At $230,852, homes in Bertrand are 44% below the national average.
What metro area is Bertrand part of?
Bertrand is part of the Lexington, NE metropolitan area. Home prices and market conditions can vary across the broader metro region.