Market Overview
Home Prices in Milligan, NE
The median home value in Milligan, NE is $173,711 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 13% compared to a year ago and up 9.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Milligan are priced58% below average.
Over the past five years, Milligan home values have risen by approximately43.6%, reflecting strong long-term appreciation in this market.
Price History
Milligan Home Price Trend
2020
$99,204
$99K
—
2021
$120,948
$121K
+21.9%
2022
$130,279
$130K
+7.7%
2023
$136,740
$137K
+5.0%
2024
$140,725
$141K
+2.9%
2025
$153,747
$154K
+9.3%
2026
$173,711
$174K
+13.0%
City Comparison
Milligan vs. National Median
🏠 Milligan
$173,711
National Median
$410,000
At $173,711, homes in Milligan cost 58% below the national median of $410,000. This makes Milligan a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Milligan?
20% Down Payment
$34,742
on $173,711
Monthly P&I
$906/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,151/mo
incl. taxes & insurance
Income Needed
$46,040
gross annual (30% rule)
10% Down Option
$17,371
+ PMI applies
Loan Amount (20% dn)
$138,969
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 Milligan, NE?
The median home value in Milligan is $173,711 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 13% year-over-year.
How much have home prices changed in Milligan?
Over the past year, home values in Milligan have increased by 13%. Over five years, prices have risen approximately 43.6%.
How much do I need to earn to buy a home in Milligan?
To comfortably afford the median home price of $173,711 with a 20% down payment ($34,742) at today's rates (6.8%), you'd need a gross annual income of approximately $46,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Milligan compare to the national average home price?
The national median home value is approximately $410,000. At $173,711, homes in Milligan are 58% below the national average.