Market Overview
Home Prices in Lewellen, NE
The median home value in Lewellen, NE is $254,085 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.1% compared to a year ago and up 4.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lewellen are priced38% below average.
Over the past five years, Lewellen home values have risen by approximately20.6%, reflecting strong long-term appreciation in this market.
Price History
Lewellen Home Price Trend
2020
$171,186
$171K
—
2021
$210,715
$211K
+23.1%
2022
$238,761
$239K
+13.3%
2023
$239,441
$239K
+0.3%
2024
$246,336
$246K
+2.9%
2025
$256,793
$257K
+4.2%
2026
$254,085
$254K
-1.1%
City Comparison
Lewellen vs. National Median
🏠 Lewellen
$254,085
National Median
$410,000
At $254,085, homes in Lewellen cost 38% below the national median of $410,000. This makes Lewellen a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lewellen?
20% Down Payment
$50,817
on $254,085
Monthly P&I
$1,325/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,683/mo
incl. taxes & insurance
Income Needed
$67,320
gross annual (30% rule)
10% Down Option
$25,409
+ PMI applies
Loan Amount (20% dn)
$203,268
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 Lewellen, NE?
The median home value in Lewellen is $254,085 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.1% year-over-year.
How much have home prices changed in Lewellen?
Over the past year, home values in Lewellen have decreased by 1.1%. Over five years, prices have risen approximately 20.6%.
How much do I need to earn to buy a home in Lewellen?
To comfortably afford the median home price of $254,085 with a 20% down payment ($50,817) at today's rates (6.8%), you'd need a gross annual income of approximately $67,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Lewellen compare to the national average home price?
The national median home value is approximately $410,000. At $254,085, homes in Lewellen are 38% below the national average.