Market Overview
Home Prices in Weeping Water, NE
The median home value in Weeping Water, NE is $236,646 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8% compared to a year ago and up 2.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Weeping Water are priced42% below average. Weeping Water is part of the Omaha-Council Bluffs, NE-IA metro area.
Over the past five years, Weeping Water home values have risen by approximately29.9%, reflecting strong long-term appreciation in this market.
Price History
Weeping Water Home Price Trend
City Comparison
Weeping Water vs. National Median
At $236,646, homes in Weeping Water cost 42% below the national median of $410,000. This makes Weeping Water a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Weeping Water?
20% Down Payment
$47,329
on $236,646
Monthly P&I
$1,234/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,567/mo
incl. taxes & insurance
Income Needed
$62,680
gross annual (30% rule)
10% Down Option
$23,665
+ PMI applies
Loan Amount (20% dn)
$189,317
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 Weeping Water, NE?
The median home value in Weeping Water is $236,646 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8% year-over-year.
How much have home prices changed in Weeping Water?
Over the past year, home values in Weeping Water have increased by 8%. Over five years, prices have risen approximately 29.9%.
How much do I need to earn to buy a home in Weeping Water?
To comfortably afford the median home price of $236,646 with a 20% down payment ($47,329) at today's rates (6.8%), you'd need a gross annual income of approximately $62,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Weeping Water compare to the national average home price?
The national median home value is approximately $410,000. At $236,646, homes in Weeping Water are 42% below the national average.
What metro area is Weeping Water part of?
Weeping Water is part of the Omaha-Council Bluffs, NE-IA metropolitan area. Home prices and market conditions can vary across the broader metro region.