Market Overview
Home Prices in Hemingford, NE
The median home value in Hemingford, NE is $214,273 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.3% 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 Hemingford are priced48% below average. Hemingford is part of the Scottsbluff, NE metro area.
Over the past five years, Hemingford home values have risen by approximately33.5%, reflecting strong long-term appreciation in this market.
Price History
Hemingford Home Price Trend
City Comparison
Hemingford vs. National Median
At $214,273, homes in Hemingford cost 48% below the national median of $410,000. This makes Hemingford a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Hemingford?
20% Down Payment
$42,855
on $214,273
Monthly P&I
$1,118/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,420/mo
incl. taxes & insurance
Income Needed
$56,800
gross annual (30% rule)
10% Down Option
$21,427
+ PMI applies
Loan Amount (20% dn)
$171,418
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 Hemingford, NE?
The median home value in Hemingford is $214,273 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.3% year-over-year.
How much have home prices changed in Hemingford?
Over the past year, home values in Hemingford have decreased by 0.3%. Over five years, prices have risen approximately 33.5%.
How much do I need to earn to buy a home in Hemingford?
To comfortably afford the median home price of $214,273 with a 20% down payment ($42,855) at today's rates (6.8%), you'd need a gross annual income of approximately $56,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Hemingford compare to the national average home price?
The national median home value is approximately $410,000. At $214,273, homes in Hemingford are 48% below the national average.
What metro area is Hemingford part of?
Hemingford is part of the Scottsbluff, NE metropolitan area. Home prices and market conditions can vary across the broader metro region.