Market Overview
Home Prices in Gothenburg, NE
The median home value in Gothenburg, NE is $203,765 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.8% compared to a year ago and up 2.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Gothenburg are priced50% below average. Gothenburg is part of the Lexington, NE metro area.
Over the past five years, Gothenburg home values have risen by approximately26.0%, reflecting strong long-term appreciation in this market.
Price History
Gothenburg Home Price Trend
City Comparison
Gothenburg vs. National Median
At $203,765, homes in Gothenburg cost 50% below the national median of $410,000. This makes Gothenburg a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Gothenburg?
20% Down Payment
$40,753
on $203,765
Monthly P&I
$1,063/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,350/mo
incl. taxes & insurance
Income Needed
$54,000
gross annual (30% rule)
10% Down Option
$20,377
+ PMI applies
Loan Amount (20% dn)
$163,012
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 Gothenburg, NE?
The median home value in Gothenburg is $203,765 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.8% year-over-year.
How much have home prices changed in Gothenburg?
Over the past year, home values in Gothenburg have increased by 1.8%. Over five years, prices have risen approximately 26.0%.
How much do I need to earn to buy a home in Gothenburg?
To comfortably afford the median home price of $203,765 with a 20% down payment ($40,753) at today's rates (6.8%), you'd need a gross annual income of approximately $54,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Gothenburg compare to the national average home price?
The national median home value is approximately $410,000. At $203,765, homes in Gothenburg are 50% below the national average.
What metro area is Gothenburg part of?
Gothenburg is part of the Lexington, NE metropolitan area. Home prices and market conditions can vary across the broader metro region.