Market Overview
Home Prices in Dannebrog, NE
The median home value in Dannebrog, NE is $331,447 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.2% compared to a year ago and up 1.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Dannebrog are priced19% below average. Dannebrog is part of the Grand Island, NE metro area.
Over the past five years, Dannebrog home values have risen by approximately26.9%, reflecting strong long-term appreciation in this market.
Price History
Dannebrog Home Price Trend
City Comparison
Dannebrog vs. National Median
At $331,447, homes in Dannebrog cost 19% below the national median of $410,000. This makes Dannebrog a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Dannebrog?
20% Down Payment
$66,289
on $331,447
Monthly P&I
$1,729/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,196/mo
incl. taxes & insurance
Income Needed
$87,840
gross annual (30% rule)
10% Down Option
$33,145
+ PMI applies
Loan Amount (20% dn)
$265,158
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 Dannebrog, NE?
The median home value in Dannebrog is $331,447 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.2% year-over-year.
How much have home prices changed in Dannebrog?
Over the past year, home values in Dannebrog have increased by 6.2%. Over five years, prices have risen approximately 26.9%.
How much do I need to earn to buy a home in Dannebrog?
To comfortably afford the median home price of $331,447 with a 20% down payment ($66,289) at today's rates (6.8%), you'd need a gross annual income of approximately $87,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Dannebrog compare to the national average home price?
The national median home value is approximately $410,000. At $331,447, homes in Dannebrog are 19% below the national average.
What metro area is Dannebrog part of?
Dannebrog is part of the Grand Island, NE metropolitan area. Home prices and market conditions can vary across the broader metro region.