Market Overview
Home Prices in Friend, NE
The median home value in Friend, NE is $237,166 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.9% compared to a year ago and up 5.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Friend are priced42% below average.
Over the past five years, Friend home values have risen by approximately28.1%, reflecting strong long-term appreciation in this market.
Price History
Friend Home Price Trend
2020
$160,881
$161K
—
2021
$185,127
$185K
+15.1%
2022
$211,439
$211K
+14.2%
2023
$222,417
$222K
+5.2%
2024
$234,534
$235K
+5.4%
2025
$246,719
$247K
+5.2%
2026
$237,166
$237K
-3.9%
City Comparison
Friend vs. National Median
🏠 Friend
$237,166
National Median
$410,000
At $237,166, homes in Friend cost 42% below the national median of $410,000. This makes Friend a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Friend?
20% Down Payment
$47,433
on $237,166
Monthly P&I
$1,237/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,571/mo
incl. taxes & insurance
Income Needed
$62,840
gross annual (30% rule)
10% Down Option
$23,717
+ PMI applies
Loan Amount (20% dn)
$189,733
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 Friend, NE?
The median home value in Friend is $237,166 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.9% year-over-year.
How much have home prices changed in Friend?
Over the past year, home values in Friend have decreased by 3.9%. Over five years, prices have risen approximately 28.1%.
How much do I need to earn to buy a home in Friend?
To comfortably afford the median home price of $237,166 with a 20% down payment ($47,433) at today's rates (6.8%), you'd need a gross annual income of approximately $62,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Friend compare to the national average home price?
The national median home value is approximately $410,000. At $237,166, homes in Friend are 42% below the national average.