Market Overview
Home Prices in Cody, NE
The median home value in Cody, NE is $197,192 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 9.8% compared to a year ago and up 20.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cody are priced52% below average.
Over the past five years, Cody home values have risen by approximately22.2%, reflecting strong long-term appreciation in this market.
Price History
Cody Home Price Trend
2020
$137,531
$138K
—
2021
$161,340
$161K
+17.3%
2022
$177,147
$177K
+9.8%
2023
$179,639
$180K
+1.4%
2024
$181,892
$182K
+1.3%
2025
$218,551
$219K
+20.2%
2026
$197,192
$197K
-9.8%
City Comparison
Cody vs. National Median
🏠 Cody
$197,192
National Median
$410,000
At $197,192, homes in Cody cost 52% below the national median of $410,000. This makes Cody a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cody?
20% Down Payment
$39,438
on $197,192
Monthly P&I
$1,028/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,306/mo
incl. taxes & insurance
Income Needed
$52,240
gross annual (30% rule)
10% Down Option
$19,719
+ PMI applies
Loan Amount (20% dn)
$157,754
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 Cody, NE?
The median home value in Cody is $197,192 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 9.8% year-over-year.
How much have home prices changed in Cody?
Over the past year, home values in Cody have decreased by 9.8%. Over five years, prices have risen approximately 22.2%.
How much do I need to earn to buy a home in Cody?
To comfortably afford the median home price of $197,192 with a 20% down payment ($39,438) at today's rates (6.8%), you'd need a gross annual income of approximately $52,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Cody compare to the national average home price?
The national median home value is approximately $410,000. At $197,192, homes in Cody are 52% below the national average.