Market Overview
Home Prices in Cairo, NE
The median home value in Cairo, NE is $291,602 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.9% compared to a year ago and up 4.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cairo are priced29% below average. Cairo is part of the Grand Island, NE metro area.
Over the past five years, Cairo home values have risen by approximately32.3%, reflecting strong long-term appreciation in this market.
Price History
Cairo Home Price Trend
City Comparison
Cairo vs. National Median
At $291,602, homes in Cairo cost 29% below the national median of $410,000. This makes Cairo a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cairo?
20% Down Payment
$58,320
on $291,602
Monthly P&I
$1,521/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,932/mo
incl. taxes & insurance
Income Needed
$77,280
gross annual (30% rule)
10% Down Option
$29,160
+ PMI applies
Loan Amount (20% dn)
$233,282
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 Cairo, NE?
The median home value in Cairo is $291,602 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.9% year-over-year.
How much have home prices changed in Cairo?
Over the past year, home values in Cairo have increased by 2.9%. Over five years, prices have risen approximately 32.3%.
How much do I need to earn to buy a home in Cairo?
To comfortably afford the median home price of $291,602 with a 20% down payment ($58,320) at today's rates (6.8%), you'd need a gross annual income of approximately $77,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Cairo compare to the national average home price?
The national median home value is approximately $410,000. At $291,602, homes in Cairo are 29% below the national average.
What metro area is Cairo part of?
Cairo is part of the Grand Island, NE metropolitan area. Home prices and market conditions can vary across the broader metro region.