Market Overview
Home Prices in Stratton, NE
The median home value in Stratton, NE is $165,604 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.4% compared to a year ago and up 1.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Stratton are priced60% below average.
Over the past five years, Stratton home values have risen by approximately33.6%, reflecting strong long-term appreciation in this market.
Price History
Stratton Home Price Trend
2020
$102,432
$102K
—
2021
$123,962
$124K
+21.0%
2022
$143,968
$144K
+16.1%
2023
$148,823
$149K
+3.4%
2024
$160,274
$160K
+7.7%
2025
$163,351
$163K
+1.9%
2026
$165,604
$166K
+1.4%
City Comparison
Stratton vs. National Median
🏠 Stratton
$165,604
National Median
$410,000
At $165,604, homes in Stratton cost 60% below the national median of $410,000. This makes Stratton a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Stratton?
20% Down Payment
$33,121
on $165,604
Monthly P&I
$864/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,097/mo
incl. taxes & insurance
Income Needed
$43,880
gross annual (30% rule)
10% Down Option
$16,560
+ PMI applies
Loan Amount (20% dn)
$132,483
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 Stratton, NE?
The median home value in Stratton is $165,604 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.4% year-over-year.
How much have home prices changed in Stratton?
Over the past year, home values in Stratton have increased by 1.4%. Over five years, prices have risen approximately 33.6%.
How much do I need to earn to buy a home in Stratton?
To comfortably afford the median home price of $165,604 with a 20% down payment ($33,121) at today's rates (6.8%), you'd need a gross annual income of approximately $43,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Stratton compare to the national average home price?
The national median home value is approximately $410,000. At $165,604, homes in Stratton are 60% below the national average.