Market Overview
Home Prices in Meadow Grove, NE
The median home value in Meadow Grove, NE is $330,833 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.2% 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 Meadow Grove are priced19% below average. Meadow Grove is part of the Norfolk, NE metro area.
Over the past five years, Meadow Grove home values have risen by approximately24.1%, reflecting strong long-term appreciation in this market.
Price History
Meadow Grove Home Price Trend
City Comparison
Meadow Grove vs. National Median
At $330,833, homes in Meadow Grove cost 19% below the national median of $410,000. This makes Meadow Grove a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Meadow Grove?
20% Down Payment
$66,167
on $330,833
Monthly P&I
$1,725/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,191/mo
incl. taxes & insurance
Income Needed
$87,640
gross annual (30% rule)
10% Down Option
$33,083
+ PMI applies
Loan Amount (20% dn)
$264,666
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 Meadow Grove, NE?
The median home value in Meadow Grove is $330,833 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.2% year-over-year.
How much have home prices changed in Meadow Grove?
Over the past year, home values in Meadow Grove have increased by 2.2%. Over five years, prices have risen approximately 24.1%.
How much do I need to earn to buy a home in Meadow Grove?
To comfortably afford the median home price of $330,833 with a 20% down payment ($66,167) at today's rates (6.8%), you'd need a gross annual income of approximately $87,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Meadow Grove compare to the national average home price?
The national median home value is approximately $410,000. At $330,833, homes in Meadow Grove are 19% below the national average.
What metro area is Meadow Grove part of?
Meadow Grove is part of the Norfolk, NE metropolitan area. Home prices and market conditions can vary across the broader metro region.