Market Overview
Home Prices in Miller, NE
The median home value in Miller, NE is $334,452 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.6% compared to a year ago and up 5.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Miller are priced18% below average. Miller is part of the Kearney, NE metro area.
Over the past five years, Miller home values have risen by approximately49.0%, reflecting strong long-term appreciation in this market.
Price History
Miller Home Price Trend
City Comparison
Miller vs. National Median
At $334,452, homes in Miller cost 18% below the national median of $410,000. This makes Miller a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Miller?
20% Down Payment
$66,890
on $334,452
Monthly P&I
$1,744/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,215/mo
incl. taxes & insurance
Income Needed
$88,600
gross annual (30% rule)
10% Down Option
$33,445
+ PMI applies
Loan Amount (20% dn)
$267,562
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 Miller, NE?
The median home value in Miller is $334,452 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.6% year-over-year.
How much have home prices changed in Miller?
Over the past year, home values in Miller have increased by 8.6%. Over five years, prices have risen approximately 49.0%.
How much do I need to earn to buy a home in Miller?
To comfortably afford the median home price of $334,452 with a 20% down payment ($66,890) at today's rates (6.8%), you'd need a gross annual income of approximately $88,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Miller compare to the national average home price?
The national median home value is approximately $410,000. At $334,452, homes in Miller are 18% below the national average.
What metro area is Miller part of?
Miller is part of the Kearney, NE metropolitan area. Home prices and market conditions can vary across the broader metro region.