Market Overview
Home Prices in Martell, NE
The median home value in Martell, NE is $565,127 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.7% compared to a year ago and up 2.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Martell are priced38% above average. Martell is part of the Lincoln, NE metro area.
Over the past five years, Martell home values have risen by approximately37.5%, reflecting strong long-term appreciation in this market.
Price History
Martell Home Price Trend
City Comparison
Martell vs. National Median
At $565,127, homes in Martell cost 38% above the national median of $410,000. Buyers in Martell should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Martell?
20% Down Payment
$113,025
on $565,127
Monthly P&I
$2,947/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,743/mo
incl. taxes & insurance
Income Needed
$149,720
gross annual (30% rule)
10% Down Option
$56,513
+ PMI applies
Loan Amount (20% dn)
$452,102
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 Martell, NE?
The median home value in Martell is $565,127 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.7% year-over-year.
How much have home prices changed in Martell?
Over the past year, home values in Martell have increased by 7.7%. Over five years, prices have risen approximately 37.5%.
How much do I need to earn to buy a home in Martell?
To comfortably afford the median home price of $565,127 with a 20% down payment ($113,025) at today's rates (6.8%), you'd need a gross annual income of approximately $149,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Martell compare to the national average home price?
The national median home value is approximately $410,000. At $565,127, homes in Martell are 38% above the national average.
What metro area is Martell part of?
Martell is part of the Lincoln, NE metropolitan area. Home prices and market conditions can vary across the broader metro region.