Market Overview
Home Prices in Pierce, NE
The median home value in Pierce, NE is $297,460 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.3% compared to a year ago and up 0.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Pierce are priced27% below average. Pierce is part of the Norfolk, NE metro area.
Over the past five years, Pierce home values have risen by approximately32.6%, reflecting strong long-term appreciation in this market.
Price History
Pierce Home Price Trend
City Comparison
Pierce vs. National Median
At $297,460, homes in Pierce cost 27% below the national median of $410,000. This makes Pierce a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Pierce?
20% Down Payment
$59,492
on $297,460
Monthly P&I
$1,551/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,970/mo
incl. taxes & insurance
Income Needed
$78,800
gross annual (30% rule)
10% Down Option
$29,746
+ PMI applies
Loan Amount (20% dn)
$237,968
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 Pierce, NE?
The median home value in Pierce is $297,460 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.3% year-over-year.
How much have home prices changed in Pierce?
Over the past year, home values in Pierce have increased by 3.3%. Over five years, prices have risen approximately 32.6%.
How much do I need to earn to buy a home in Pierce?
To comfortably afford the median home price of $297,460 with a 20% down payment ($59,492) at today's rates (6.8%), you'd need a gross annual income of approximately $78,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Pierce compare to the national average home price?
The national median home value is approximately $410,000. At $297,460, homes in Pierce are 27% below the national average.
What metro area is Pierce part of?
Pierce is part of the Norfolk, NE metropolitan area. Home prices and market conditions can vary across the broader metro region.