Market Overview
Home Prices in Nelson, NE
The median home value in Nelson, NE is $77,843 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 11.4% compared to a year ago and down 6.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Nelson are priced81% below average.
Over the past five years, Nelson home values have fallen by approximately13.2%, reflecting softening conditions in this market.
Price History
Nelson Home Price Trend
2020
$74,732
$75K
—
2021
$89,637
$90K
+19.9%
2022
$93,410
$93K
+4.2%
2023
$91,206
$91K
-2.4%
2024
$94,100
$94K
+3.2%
2025
$87,833
$88K
-6.7%
2026
$77,843
$78K
-11.4%
City Comparison
Nelson vs. National Median
🏠 Nelson
$77,843
National Median
$410,000
At $77,843, homes in Nelson cost 81% below the national median of $410,000. This makes Nelson a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Nelson?
20% Down Payment
$15,569
on $77,843
Monthly P&I
$406/mo
30-yr @ 6.8%
Total Monthly Est.
~$516/mo
incl. taxes & insurance
Income Needed
$20,640
gross annual (30% rule)
10% Down Option
$7,784
+ PMI applies
Loan Amount (20% dn)
$62,274
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 Nelson, NE?
The median home value in Nelson is $77,843 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 11.4% year-over-year.
How much have home prices changed in Nelson?
Over the past year, home values in Nelson have decreased by 11.4%. Over five years, prices have fallen approximately 13.2%.
How much do I need to earn to buy a home in Nelson?
To comfortably afford the median home price of $77,843 with a 20% down payment ($15,569) at today's rates (6.8%), you'd need a gross annual income of approximately $20,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Nelson compare to the national average home price?
The national median home value is approximately $410,000. At $77,843, homes in Nelson are 81% below the national average.