Market Overview
Home Prices in Spalding, NE
The median home value in Spalding, NE is $287,866 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.7% compared to a year ago and up 8.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Spalding are priced30% below average.
Over the past five years, Spalding home values have risen by approximately27.2%, reflecting strong long-term appreciation in this market.
Price History
Spalding Home Price Trend
2020
$191,585
$192K
—
2021
$226,237
$226K
+18.1%
2022
$257,974
$258K
+14.0%
2023
$242,942
$243K
-5.8%
2024
$247,250
$247K
+1.8%
2025
$267,388
$267K
+8.1%
2026
$287,866
$288K
+7.7%
City Comparison
Spalding vs. National Median
🏠 Spalding
$287,866
National Median
$410,000
At $287,866, homes in Spalding cost 30% below the national median of $410,000. This makes Spalding a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Spalding?
20% Down Payment
$57,573
on $287,866
Monthly P&I
$1,501/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,906/mo
incl. taxes & insurance
Income Needed
$76,240
gross annual (30% rule)
10% Down Option
$28,787
+ PMI applies
Loan Amount (20% dn)
$230,293
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 Spalding, NE?
The median home value in Spalding is $287,866 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.7% year-over-year.
How much have home prices changed in Spalding?
Over the past year, home values in Spalding have increased by 7.7%. Over five years, prices have risen approximately 27.2%.
How much do I need to earn to buy a home in Spalding?
To comfortably afford the median home price of $287,866 with a 20% down payment ($57,573) at today's rates (6.8%), you'd need a gross annual income of approximately $76,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Spalding compare to the national average home price?
The national median home value is approximately $410,000. At $287,866, homes in Spalding are 30% below the national average.