Market Overview
Home Prices in Chappell, NE
The median home value in Chappell, NE is $184,400 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.7% compared to a year ago and up 0.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Chappell are priced55% below average.
Over the past five years, Chappell home values have risen by approximately33.7%, reflecting strong long-term appreciation in this market.
Price History
Chappell Home Price Trend
2020
$120,967
$121K
—
2021
$137,874
$138K
+14.0%
2022
$162,415
$162K
+17.8%
2023
$166,817
$167K
+2.7%
2024
$168,605
$169K
+1.1%
2025
$169,672
$170K
+0.6%
2026
$184,400
$184K
+8.7%
City Comparison
Chappell vs. National Median
🏠 Chappell
$184,400
National Median
$410,000
At $184,400, homes in Chappell cost 55% below the national median of $410,000. This makes Chappell a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Chappell?
20% Down Payment
$36,880
on $184,400
Monthly P&I
$962/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,222/mo
incl. taxes & insurance
Income Needed
$48,880
gross annual (30% rule)
10% Down Option
$18,440
+ PMI applies
Loan Amount (20% dn)
$147,520
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 Chappell, NE?
The median home value in Chappell is $184,400 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.7% year-over-year.
How much have home prices changed in Chappell?
Over the past year, home values in Chappell have increased by 8.7%. Over five years, prices have risen approximately 33.7%.
How much do I need to earn to buy a home in Chappell?
To comfortably afford the median home price of $184,400 with a 20% down payment ($36,880) at today's rates (6.8%), you'd need a gross annual income of approximately $48,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Chappell compare to the national average home price?
The national median home value is approximately $410,000. At $184,400, homes in Chappell are 55% below the national average.