Market Overview
Home Prices in Mason City, NE
The median home value in Mason City, NE is $202,286 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.8% compared to a year ago and up 4.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mason City are priced51% below average.
Price History
Mason City Home Price Trend
2023
$183,463
$183K
—
2024
$182,779
$183K
-0.4%
2025
$191,274
$191K
+4.6%
2026
$202,286
$202K
+5.8%
City Comparison
Mason City vs. National Median
🏠 Mason City
$202,286
National Median
$410,000
At $202,286, homes in Mason City cost 51% below the national median of $410,000. This makes Mason City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Mason City?
20% Down Payment
$40,457
on $202,286
Monthly P&I
$1,055/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,340/mo
incl. taxes & insurance
Income Needed
$53,600
gross annual (30% rule)
10% Down Option
$20,229
+ PMI applies
Loan Amount (20% dn)
$161,829
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 Mason City, NE?
The median home value in Mason City is $202,286 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.8% year-over-year.
How much have home prices changed in Mason City?
Over the past year, home values in Mason City have increased by 5.8%.
How much do I need to earn to buy a home in Mason City?
To comfortably afford the median home price of $202,286 with a 20% down payment ($40,457) at today's rates (6.8%), you'd need a gross annual income of approximately $53,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Mason City compare to the national average home price?
The national median home value is approximately $410,000. At $202,286, homes in Mason City are 51% below the national average.