Market Overview
Home Prices in Fairbury, NE
The median home value in Fairbury, NE is $118,743 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.3% compared to a year ago and up 2.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Fairbury are priced71% below average.
Over the past five years, Fairbury home values have risen by approximately14.7%, reflecting steady appreciation in this market.
Price History
Fairbury Home Price Trend
2020
$80,570
$81K
—
2021
$103,484
$103K
+28.4%
2022
$114,851
$115K
+11.0%
2023
$119,692
$120K
+4.2%
2024
$120,349
$120K
+0.5%
2025
$122,819
$123K
+2.1%
2026
$118,743
$119K
-3.3%
City Comparison
Fairbury vs. National Median
🏠 Fairbury
$118,743
National Median
$410,000
At $118,743, homes in Fairbury cost 71% below the national median of $410,000. This makes Fairbury a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Fairbury?
20% Down Payment
$23,749
on $118,743
Monthly P&I
$619/mo
30-yr @ 6.8%
Total Monthly Est.
~$786/mo
incl. taxes & insurance
Income Needed
$31,440
gross annual (30% rule)
10% Down Option
$11,874
+ PMI applies
Loan Amount (20% dn)
$94,994
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 Fairbury, NE?
The median home value in Fairbury is $118,743 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.3% year-over-year.
How much have home prices changed in Fairbury?
Over the past year, home values in Fairbury have decreased by 3.3%. Over five years, prices have risen approximately 14.7%.
How much do I need to earn to buy a home in Fairbury?
To comfortably afford the median home price of $118,743 with a 20% down payment ($23,749) at today's rates (6.8%), you'd need a gross annual income of approximately $31,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Fairbury compare to the national average home price?
The national median home value is approximately $410,000. At $118,743, homes in Fairbury are 71% below the national average.