Market Overview
Home Prices in Niobrara, NE
The median home value in Niobrara, NE is $198,092 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.8% compared to a year ago and up 0.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Niobrara are priced52% below average.
Price History
Niobrara Home Price Trend
2022
$162,565
$163K
—
2023
$181,688
$182K
+11.8%
2024
$189,351
$189K
+4.2%
2025
$190,918
$191K
+0.8%
2026
$198,092
$198K
+3.8%
City Comparison
Niobrara vs. National Median
🏠 Niobrara
$198,092
National Median
$410,000
At $198,092, homes in Niobrara cost 52% below the national median of $410,000. This makes Niobrara a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Niobrara?
20% Down Payment
$39,618
on $198,092
Monthly P&I
$1,033/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,312/mo
incl. taxes & insurance
Income Needed
$52,480
gross annual (30% rule)
10% Down Option
$19,809
+ PMI applies
Loan Amount (20% dn)
$158,474
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 Niobrara, NE?
The median home value in Niobrara is $198,092 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.8% year-over-year.
How much have home prices changed in Niobrara?
Over the past year, home values in Niobrara have increased by 3.8%.
How much do I need to earn to buy a home in Niobrara?
To comfortably afford the median home price of $198,092 with a 20% down payment ($39,618) at today's rates (6.8%), you'd need a gross annual income of approximately $52,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Niobrara compare to the national average home price?
The national median home value is approximately $410,000. At $198,092, homes in Niobrara are 52% below the national average.