Market Overview
Home Prices in Cozad, NE
The median home value in Cozad, NE is $182,610 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.1% compared to a year ago and up 2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cozad are priced55% below average. Cozad is part of the Lexington, NE metro area.
Over the past five years, Cozad home values have risen by approximately33.1%, reflecting strong long-term appreciation in this market.
Price History
Cozad Home Price Trend
2020
$118,310
$118K
—
2021
$137,217
$137K
+16.0%
2022
$155,619
$156K
+13.4%
2023
$162,749
$163K
+4.6%
2024
$175,230
$175K
+7.7%
2025
$178,806
$179K
+2.0%
2026
$182,610
$183K
+2.1%
City Comparison
Cozad vs. National Median
🏠 Cozad
$182,610
National Median
$410,000
At $182,610, homes in Cozad cost 55% below the national median of $410,000. This makes Cozad a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cozad?
20% Down Payment
$36,522
on $182,610
Monthly P&I
$952/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,209/mo
incl. taxes & insurance
Income Needed
$48,360
gross annual (30% rule)
10% Down Option
$18,261
+ PMI applies
Loan Amount (20% dn)
$146,088
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 Cozad, NE?
The median home value in Cozad is $182,610 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.1% year-over-year.
How much have home prices changed in Cozad?
Over the past year, home values in Cozad have increased by 2.1%. Over five years, prices have risen approximately 33.1%.
How much do I need to earn to buy a home in Cozad?
To comfortably afford the median home price of $182,610 with a 20% down payment ($36,522) at today's rates (6.8%), you'd need a gross annual income of approximately $48,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Cozad compare to the national average home price?
The national median home value is approximately $410,000. At $182,610, homes in Cozad are 55% below the national average.
What metro area is Cozad part of?
Cozad is part of the Lexington, NE metropolitan area. Home prices and market conditions can vary across the broader metro region.