Market Overview
Home Prices in Broken Bow, NE
The median home value in Broken Bow, NE is $182,694 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10.8% compared to a year ago and up 0.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Broken Bow are priced55% below average.
Over the past five years, Broken Bow home values have risen by approximately21.4%, reflecting strong long-term appreciation in this market.
Price History
Broken Bow Home Price Trend
2020
$135,802
$136K
—
2021
$150,539
$151K
+10.9%
2022
$165,766
$166K
+10.1%
2023
$163,565
$164K
-1.3%
2024
$163,524
$164K
+-0.0%
2025
$164,940
$165K
+0.9%
2026
$182,694
$183K
+10.8%
City Comparison
Broken Bow vs. National Median
🏠 Broken Bow
$182,694
National Median
$410,000
At $182,694, homes in Broken Bow cost 55% below the national median of $410,000. This makes Broken Bow a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Broken Bow?
20% Down Payment
$36,539
on $182,694
Monthly P&I
$953/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,210/mo
incl. taxes & insurance
Income Needed
$48,400
gross annual (30% rule)
10% Down Option
$18,269
+ PMI applies
Loan Amount (20% dn)
$146,155
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 Broken Bow, NE?
The median home value in Broken Bow is $182,694 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10.8% year-over-year.
How much have home prices changed in Broken Bow?
Over the past year, home values in Broken Bow have increased by 10.8%. Over five years, prices have risen approximately 21.4%.
How much do I need to earn to buy a home in Broken Bow?
To comfortably afford the median home price of $182,694 with a 20% down payment ($36,539) at today's rates (6.8%), you'd need a gross annual income of approximately $48,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Broken Bow compare to the national average home price?
The national median home value is approximately $410,000. At $182,694, homes in Broken Bow are 55% below the national average.