Market Overview
Home Prices in Paxton, NE
The median home value in Paxton, NE is $279,118 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.2% compared to a year ago and up 3.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Paxton are priced32% below average.
Over the past five years, Paxton home values have risen by approximately39.8%, reflecting strong long-term appreciation in this market.
Price History
Paxton Home Price Trend
2020
$171,428
$171K
—
2021
$199,668
$200K
+16.5%
2022
$228,898
$229K
+14.6%
2023
$241,368
$241K
+5.4%
2024
$252,704
$253K
+4.7%
2025
$260,458
$260K
+3.1%
2026
$279,118
$279K
+7.2%
City Comparison
Paxton vs. National Median
🏠 Paxton
$279,118
National Median
$410,000
At $279,118, homes in Paxton cost 32% below the national median of $410,000. This makes Paxton a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Paxton?
20% Down Payment
$55,824
on $279,118
Monthly P&I
$1,456/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,849/mo
incl. taxes & insurance
Income Needed
$73,960
gross annual (30% rule)
10% Down Option
$27,912
+ PMI applies
Loan Amount (20% dn)
$223,294
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 Paxton, NE?
The median home value in Paxton is $279,118 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.2% year-over-year.
How much have home prices changed in Paxton?
Over the past year, home values in Paxton have increased by 7.2%. Over five years, prices have risen approximately 39.8%.
How much do I need to earn to buy a home in Paxton?
To comfortably afford the median home price of $279,118 with a 20% down payment ($55,824) at today's rates (6.8%), you'd need a gross annual income of approximately $73,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Paxton compare to the national average home price?
The national median home value is approximately $410,000. At $279,118, homes in Paxton are 32% below the national average.