Market Overview
Home Prices in Hallam, NE
The median home value in Hallam, NE is $418,211 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.9% compared to a year ago and up 1.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hallam are priced2% above average. Hallam is part of the Lincoln, NE metro area.
Over the past five years, Hallam home values have risen by approximately24.8%, reflecting strong long-term appreciation in this market.
Price History
Hallam Home Price Trend
City Comparison
Hallam vs. National Median
At $418,211, homes in Hallam cost 2% above the national median of $410,000. Buyers in Hallam should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Hallam?
20% Down Payment
$83,642
on $418,211
Monthly P&I
$2,181/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,770/mo
incl. taxes & insurance
Income Needed
$110,800
gross annual (30% rule)
10% Down Option
$41,821
+ PMI applies
Loan Amount (20% dn)
$334,569
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 Hallam, NE?
The median home value in Hallam is $418,211 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.9% year-over-year.
How much have home prices changed in Hallam?
Over the past year, home values in Hallam have increased by 4.9%. Over five years, prices have risen approximately 24.8%.
How much do I need to earn to buy a home in Hallam?
To comfortably afford the median home price of $418,211 with a 20% down payment ($83,642) at today's rates (6.8%), you'd need a gross annual income of approximately $110,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Hallam compare to the national average home price?
The national median home value is approximately $410,000. At $418,211, homes in Hallam are 2% above the national average.
What metro area is Hallam part of?
Hallam is part of the Lincoln, NE metropolitan area. Home prices and market conditions can vary across the broader metro region.