Based on the Zillow Home Value Index, we’ve compiled a list of the 18 most affordable towns in Nebraska as of 2025. These towns have some of the lowest home values in the state, and many offer price points well below the national average. While some have seen recent gains, most remain highly accessible to buyers on a budget. The data reflects all available yearly estimates from 2010 through 2025, giving us a clear look at long-term trends, market fluctuations, and where affordability remains strongest across the Cornhusker State.
18. Wymore – 111% Home Price Increase Since 2011
- 2010: $53,045
- 2011: $48,875 (-$4,170, -7.86% from previous year)
- 2012: $49,904 (+$1,029, +2.10% from previous year)
- 2013: $52,940 (+$3,037, +6.09% from previous year)
- 2014: $51,472 (-$1,468, -2.77% from previous year)
- 2015: $56,390 (+$4,918, +9.55% from previous year)
- 2016: $58,472 (+$2,082, +3.69% from previous year)
- 2017: $61,494 (+$3,022, +5.17% from previous year)
- 2018: $77,136 (+$15,642, +25.44% from previous year)
- 2019: $73,795 (-$3,341, -4.33% from previous year)
- 2020: N/A
- 2021: $87,070
- 2022: $89,341 (+$2,271, +2.61% from previous year)
- 2023: $96,676 (+$7,336, +8.21% from previous year)
- 2024: $93,607 (-$3,070, -3.18% from previous year)
- 2025: $102,864 (+$9,257, +9.89% from previous year)
Wymore’s home values have more than doubled since 2011, despite intermittent dips. The biggest surge came in 2018 with a massive 25% jump, followed by consistent gains after 2021. While 2024 saw a minor setback, 2025 marked a strong rebound. With a 2025 value of $102,864, Wymore is still one of the more affordable towns in Nebraska but shows real signs of market momentum.
Wymore – Stable Prices in Southeast Nebraska
Located in Gage County, near the Kansas border, Wymore is a small community that has seen steady interest from buyers looking for low-cost housing. The town is known for its Welsh heritage, walkable neighborhoods, and access to nature via nearby parks and trails. Given its relatively low base home values, even modest appreciation has resulted in significant percentage gains. Its 2025 average price still falls below the national rural average, making it an appealing option for cost-conscious homebuyers seeking space and charm.
Wymore’s housing market appears to have benefited from broader regional interest in southeastern Nebraska, where small towns offer a mix of affordability and livability. With a population of under 1,500, Wymore appeals to buyers who want a quieter lifestyle without sacrificing access to services in nearby Beatrice or Lincoln.
17. Bloomfield – 71% Home Price Increase Since 2016
- 2010: N/A
- 2011: N/A
- 2012: N/A
- 2013: N/A
- 2014: N/A
- 2015: N/A
- 2016: $59,045
- 2017: $58,908 (-$137, -0.23% from previous year)
- 2018: $64,751 (+$5,843, +9.92% from previous year)
- 2019: $66,928 (+$2,177, +3.36% from previous year)
- 2020: N/A
- 2021: $91,286
- 2022: $96,037 (+$4,751, +5.20% from previous year)
- 2023: $103,508 (+$7,471, +7.78% from previous year)
- 2024: $110,133 (+$6,625, +6.40% from previous year)
- 2025: $101,275 (-$8,858, -8.04% from previous year)
Bloomfield has experienced solid growth since 2016, with home values climbing more than 70% in that time. After a major jump between 2020 and 2024, the market cooled slightly in 2025 with a price correction of just over 8%. Still, home prices remain relatively low compared to the rest of the state.
Bloomfield – Strong Growth With Recent Dip
Nestled in Knox County in northeastern Nebraska, Bloomfield has traditionally been a quiet agricultural community. It saw a major appreciation in property values between 2021 and 2024, likely driven by low supply and growing interest in rural property. Even with a decline in 2025, the town’s $101,275 average home price remains affordable and attractive to new residents looking for small-town life.
Bloomfield is also near Niobrara State Park and several lakes, making it a solid choice for buyers who want proximity to outdoor recreation. Its public schools and community amenities continue to attract retirees and families alike, keeping long-term housing demand stable.
16. Cedar Rapids – 10.6% Home Price Increase Since 2022
- 2010: N/A
- 2011: N/A
- 2012: N/A
- 2013: N/A
- 2014: N/A
- 2015: N/A
- 2016: N/A
- 2017: N/A
- 2018: N/A
- 2019: N/A
- 2020: N/A
- 2021: N/A
- 2022: $91,415
- 2023: $93,141 (+$1,725, +1.89% from previous year)
- 2024: $97,353 (+$4,212, +4.52% from previous year)
- 2025: $101,134 (+$3,781, +3.88% from previous year)
Home prices in Cedar Rapids have climbed just over 10% since 2022, suggesting steady growth without overheating. With values rising each year since Zillow began tracking in 2022, the town has maintained a slow but reliable pace of appreciation.
Cedar Rapids – Quiet Growth in Central Nebraska
Cedar Rapids is located in Boone County and remains one of the more affordable markets in central Nebraska. This small community has fewer than 400 residents, yet continues to attract attention due to its affordability, local schools, and peaceful setting. The rise in home values may reflect demand from buyers seeking low entry points into rural real estate.
The area benefits from proximity to Albion and highways that offer access to larger towns. Cedar Rapids’ housing market has managed to avoid dramatic price swings, which gives it appeal among long-term buyers and retirees who value stability over speculation.
15. Guide Rock – 35% Home Price Increase Since 2016
- 2010: N/A
- 2011: N/A
- 2012: N/A
- 2013: N/A
- 2014: N/A
- 2015: N/A
- 2016: $74,518
- 2017: $80,840 (+$6,322, +8.48% from previous year)
- 2018: $80,726 (-$114, -0.14% from previous year)
- 2019: $82,968 (+$2,243, +2.78% from previous year)
- 2020: N/A
- 2021: $100,534
- 2022: $107,046 (+$6,512, +6.48% from previous year)
- 2023: $100,089 (-$6,957, -6.50% from previous year)
- 2024: $105,360 (+$5,271, +5.27% from previous year)
- 2025: $101,051 (-$4,309, -4.09% from previous year)
Guide Rock’s housing values have grown by over a third since 2016, but recent years have seen volatility. Prices peaked in 2022 and dropped the following year, with 2025 showing a slight decline as well. Despite this, home values remain relatively low overall.
Guide Rock – Rural and Reasonable in South-Central Nebraska
Sitting along the Republican River in Webster County, Guide Rock is a tiny but historic village with a population of just over 200. Its affordability and scenic location appeal to those seeking simplicity and solitude. Though small, the community offers access to schools and basic services nearby in Red Cloud and Superior.
The town’s housing market appears to be sensitive to broader economic shifts, with larger year-to-year changes compared to more stable markets. Still, its $101,051 average home price as of 2025 places it well within reach for many buyers looking for inexpensive rural property with history and charm.
14. Chester – 63.9% Home Price Increase Since 2016
- 2010: N/A
- 2011: N/A
- 2012: N/A
- 2013: N/A
- 2014: N/A
- 2015: N/A
- 2016: $59,981
- 2017: $58,172 (-$1,810, -3.02% from previous year)
- 2018: $63,574 (+$5,402, +9.29% from previous year)
- 2019: $67,581 (+$4,007, +6.30% from previous year)
- 2020: N/A
- 2021: $92,789
- 2022: $92,565 (-$224, -0.24% from previous year)
- 2023: $96,510 (+$3,945, +4.26% from previous year)
- 2024: $98,001 (+$1,491, +1.54% from previous year)
- 2025: $98,325 (+$324, +0.33% from previous year)
Since 2016, Chester’s home prices have gone up by nearly 64%, thanks in part to strong growth from 2018 to 2021. Though recent years show slower increases, the market appears to have stabilized. At just under $100,000, homes here remain affordable.
Chester – Modest Prices With Upward Momentum
Chester lies near the Kansas border in Thayer County and is known for its quiet setting and active local events like Chesterfest. The town has benefited from long-term upward trends in rural housing but hasn’t seen dramatic spikes. With a 2025 price of $98,325, it’s affordable even by Nebraska standards.
Steady growth without volatility makes Chester an appealing choice for buyers looking for predictability and value. The community’s size means housing stock is limited, but that also contributes to slow, consistent appreciation for those already invested.
13. Creighton – 58.5% Home Price Increase Since 2016
- 2010: N/A
- 2011: N/A
- 2012: N/A
- 2013: N/A
- 2014: N/A
- 2015: N/A
- 2016: $61,937
- 2017: $60,390 (-$1,548, -2.50% from previous year)
- 2018: $68,522 (+$8,132, +13.47% from previous year)
- 2019: $69,774 (+$1,252, +1.83% from previous year)
- 2020: N/A
- 2021: $88,704
- 2022: $101,204 (+$12,500, +14.09% from previous year)
- 2023: $100,925 (-$280, -0.28% from previous year)
- 2024: $104,395 (+$3,471, +3.44% from previous year)
- 2025: $98,219 (-$6,177, -5.92% from previous year)
Creighton’s home prices have risen by nearly 60% since 2016, peaking in 2022 with a strong jump from the previous year. Although values have fluctuated slightly in recent years, the town remains firmly in the affordable range, with prices just under $100,000 in 2025.
Creighton – Affordable Homes in a Historic Northeast Hub
Located in Knox County in northeastern Nebraska, Creighton is a small town with strong agricultural roots and a close-knit feel. Known locally as the “Christmas City,” Creighton embraces seasonal festivities and maintains solid infrastructure for a town of its size. Home prices here have climbed steadily since 2016, with a notable increase in 2022 likely tied to broader rural demand and limited inventory.
The 2025 value of $98,219 suggests that Creighton remains a budget-friendly option even after several strong growth years. Its downtown, schools, and healthcare access make it appealing to families and retirees alike looking for value and small-town community.
12. Red Cloud – 145.5% Home Price Increase Since 2012
- 2010: N/A
- 2011: N/A
- 2012: $39,981
- 2013: $41,323 (+$1,342, +3.36% from previous year)
- 2014: $42,305 (+$983, +2.38% from previous year)
- 2015: $41,892 (-$414, -0.98% from previous year)
- 2016: $52,512 (+$10,621, +25.35% from previous year)
- 2017: $49,486 (-$3,026, -5.76% from previous year)
- 2018: $56,732 (+$7,245, +14.64% from previous year)
- 2019: $56,737 (+$5, +0.01% from previous year)
- 2020: N/A
- 2021: $69,512
- 2022: $82,203 (+$12,691, +18.26% from previous year)
- 2023: $86,440 (+$4,237, +5.15% from previous year)
- 2024: $94,853 (+$8,412, +9.73% from previous year)
- 2025: $98,165 (+$3,312, +3.49% from previous year)
Red Cloud has seen one of the largest increases in home values on this list, with prices more than doubling since 2012. A particularly strong gain in 2016 and a string of increases from 2021 onward have pushed the average value to just over $98,000 by 2025.
Red Cloud – Historic Appeal and Steady Gains
Red Cloud, the hometown of author Willa Cather, sits in Webster County in southern Nebraska. It has leveraged its literary and historical roots into a draw for tourists and new residents alike. Affordable housing and community investment in preservation and cultural tourism may explain the rising property values.
Despite the increase, Red Cloud remains one of the least expensive markets in the region. With a 2025 price of $98,165, it balances small-town charm, history, and housing affordability—especially for those drawn to the arts or interested in quiet, scenic living along the Republican River Valley.
11. Ashton – 87% Home Price Increase Since 2016
- 2010: N/A
- 2011: N/A
- 2012: N/A
- 2013: N/A
- 2014: N/A
- 2015: N/A
- 2016: $52,086
- 2017: $51,249 (-$837, -1.61% from previous year)
- 2018: $55,735 (+$4,485, +8.75% from previous year)
- 2019: $57,029 (+$1,295, +2.32% from previous year)
- 2020: N/A
- 2021: $75,777
- 2022: $82,867 (+$7,090, +9.36% from previous year)
- 2023: $87,526 (+$4,660, +5.62% from previous year)
- 2024: $93,251 (+$5,725, +6.54% from previous year)
- 2025: $97,319 (+$4,068, +4.36% from previous year)
Since 2016, home values in Ashton have increased by nearly 90%, marking it as one of the more dynamic markets among Nebraska’s affordable towns. While the year-to-year jumps have been modest, the cumulative growth is substantial, with values approaching $100,000 by 2025.
Ashton – Strong Appreciation in a Tiny Village
Ashton is a small village in Sherman County with fewer than 200 residents. It’s seen substantial appreciation in home values over the past decade, a trend likely tied to its proximity to larger agricultural employers and affordability appeal for first-time buyers. Though modest in population, its price trends suggest strong demand relative to supply.
The town’s 2025 average value of $97,319 reflects a steady climb with no sharp corrections. Ashton’s market is small but resilient, driven by low inventory and incremental gains that suggest longer-term stability for those investing in the area.
10. Verdigre – 72.7% Home Price Increase Since 2016
- 2010: N/A
- 2011: N/A
- 2012: N/A
- 2013: N/A
- 2014: N/A
- 2015: N/A
- 2016: $53,787
- 2017: $52,310 (-$1,477, -2.75% from previous year)
- 2018: $59,168 (+$6,858, +13.11% from previous year)
- 2019: $61,728 (+$2,560, +4.33% from previous year)
- 2020: N/A
- 2021: $78,788
- 2022: $87,274 (+$8,486, +10.77% from previous year)
- 2023: $89,805 (+$2,531, +2.90% from previous year)
- 2024: $93,534 (+$3,728, +4.15% from previous year)
- 2025: $92,862 (-$672, -0.72% from previous year)
Home prices in Verdigre have risen nearly 73% since 2016, with year-over-year increases from 2021 through 2024. A small dip in 2025 is the only negative mark in what has otherwise been a consistent upward trend for this Knox County village.
Verdigre – A Scenic Spot With Slow and Steady Growth
Verdigre is known as Nebraska’s Kolach Capital, a nod to its Czech heritage and annual food festivals. It offers a scenic lifestyle near the Verdigre Creek and Niobrara River. Its modest but steady growth in home values reflects increased interest in rural towns with character and natural beauty.
At $92,862 in 2025, home prices remain low, though not stagnant. With strong community traditions, low housing density, and a quiet setting, Verdigre appeals to buyers seeking long-term affordability with a touch of heritage and charm.
9. Verdon – 42.7% Home Price Increase Since 2016
- 2010: N/A
- 2011: N/A
- 2012: N/A
- 2013: N/A
- 2014: N/A
- 2015: N/A
- 2016: $64,358
- 2017: $63,994 (-$364, -0.57% from previous year)
- 2018: $71,049 (+$7,055, +11.02% from previous year)
- 2019: $70,958 (-$91, -0.13% from previous year)
- 2020: N/A
- 2021: $97,829
- 2022: $101,502 (+$3,673, +3.75% from previous year)
- 2023: $98,819 (-$2,683, -2.64% from previous year)
- 2024: $98,411 (-$408, -0.41% from previous year)
- 2025: $91,889 (-$6,522, -6.63% from previous year)
Home values in Verdon have increased nearly 43% since 2016. While there were strong gains through 2021 and 2022, the town has experienced a gradual decline since then, with values slipping each year from 2023 to 2025. Nonetheless, Verdon remains affordable and well below state averages.
Verdon – Modest Prices With Recent Cooling
Located in Richardson County in the southeastern corner of Nebraska, Verdon is a tiny village known for its peaceful rural setting. With a population under 200, the housing market is small, and price shifts tend to reflect broader regional trends or isolated transactions. The jump in prices around 2021 may have stemmed from increased rural demand during the pandemic years.
In 2025, the average home price sits at $91,889, offering continued affordability even with recent softening. For buyers seeking low entry prices and a very quiet lifestyle, Verdon offers a compelling value proposition.
8. North Loup – 104.8% Home Price Increase Since 2016
- 2010: N/A
- 2011: N/A
- 2012: N/A
- 2013: N/A
- 2014: N/A
- 2015: N/A
- 2016: $44,671
- 2017: $43,292 (-$1,379, -3.09% from previous year)
- 2018: $48,377 (+$5,085, +11.75% from previous year)
- 2019: $54,629 (+$6,252, +12.92% from previous year)
- 2020: N/A
- 2021: $75,601
- 2022: $84,344 (+$8,743, +11.56% from previous year)
- 2023: $84,146 (-$199, -0.24% from previous year)
- 2024: $89,608 (+$5,462, +6.49% from previous year)
- 2025: $91,480 (+$1,872, +2.09% from previous year)
North Loup has seen its home values more than double since 2016. With steady increases, particularly between 2018 and 2022, the market has shown resilience even in recent years. Home prices remain under $92,000 in 2025, despite this long-term growth.
North Loup – Scenic, Quiet, and Climbing
Set in Valley County along the North Loup River, this village combines access to outdoor recreation with classic small-town charm. It’s well known for the annual Popcorn Days festival, drawing in crowds from around the region. As more buyers look to rural areas for affordability and quiet surroundings, North Loup has benefited from increased interest.
The average home value reached $91,480 in 2025, up from less than $45,000 in 2016. With proximity to Ord and usable infrastructure for a small town, North Loup has managed to attract new residents without pricing out its base.
7. Gordon – 90.4% Home Price Increase Since 2016
- 2010: N/A
- 2011: N/A
- 2012: N/A
- 2013: N/A
- 2014: N/A
- 2015: N/A
- 2016: $47,509
- 2017: $46,341 (-$1,169, -2.46% from previous year)
- 2018: $50,296 (+$3,955, +8.54% from previous year)
- 2019: $54,429 (+$4,133, +8.22% from previous year)
- 2020: N/A
- 2021: $70,184
- 2022: $77,150 (+$6,966, +9.92% from previous year)
- 2023: $82,570 (+$5,420, +7.03% from previous year)
- 2024: $87,416 (+$4,845, +5.87% from previous year)
- 2025: $90,468 (+$3,052, +3.49% from previous year)
Gordon has nearly doubled its average home price since 2016, growing from $47,509 to $90,468 by 2025. Annual increases have been steady since 2021, with no major corrections during that time. This pattern of consistent growth makes it one of Nebraska’s more stable affordable towns.
Gordon – Western Nebraska Growth with Affordability
Gordon is located in Sheridan County, near the South Dakota border. The town is a regional hub for ranching and agriculture, and its housing market reflects demand from buyers working in those sectors. It offers small-town services, good access to U.S. Highway 20, and scenic surroundings including nearby lakes and grasslands.
With a 2025 home value under $91,000, Gordon is one of the most affordable towns in western Nebraska that’s still seeing strong appreciation. Its appeal lies in a mix of low starting prices, economic activity, and relative isolation from urban price pressures.
6. Oakdale – 53.2% Home Price Increase Since 2016
- 2010: N/A
- 2011: N/A
- 2012: N/A
- 2013: N/A
- 2014: N/A
- 2015: N/A
- 2016: $57,014
- 2017: $64,045 (+$7,032, +12.33% from previous year)
- 2018: $65,540 (+$1,495, +2.33% from previous year)
- 2019: $66,174 (+$634, +0.97% from previous year)
- 2020: N/A
- 2021: $89,107
- 2022: $96,160 (+$7,053, +7.92% from previous year)
- 2023: $85,528 (-$10,632, -11.06% from previous year)
- 2024: $94,691 (+$9,163, +10.71% from previous year)
- 2025: $87,321 (-$7,370, -7.78% from previous year)
Oakdale’s housing values rose steadily through 2022, with a peak that year followed by some market volatility. Prices dipped in 2023, rebounded in 2024, and corrected again in 2025. Despite these changes, home values remain 53% higher than they were in 2016.
Oakdale – Affordability With Price Swings
Located in Antelope County in northeastern Nebraska, Oakdale is a small village with a population of under 400. It sits just off U.S. Highway 275, offering access to nearby Norfolk and other regional hubs. The town’s housing market is small and sensitive to shifts in buyer activity, which explains the larger percentage swings in recent years.
As of 2025, Oakdale’s average home price stands at $87,321—still well within affordable territory. The volatility seen since 2023 may reflect limited inventory and seasonal demand, but long-term pricing remains favorable for budget-conscious buyers.
5. Ansley – 2.9% Home Price Decrease Since 2022
- 2010: N/A
- 2011: N/A
- 2012: N/A
- 2013: N/A
- 2014: N/A
- 2015: N/A
- 2016: N/A
- 2017: N/A
- 2018: N/A
- 2019: N/A
- 2020: N/A
- 2021: N/A
- 2022: $87,473
- 2023: $86,433 (-$1,040, -1.19% from previous year)
- 2024: $85,357 (-$1,076, -1.25% from previous year)
- 2025: $84,954 (-$403, -0.47% from previous year)
Ansley is one of the few towns on this list that has seen a net decline in home values since Zillow began reporting data for it in 2022. Prices have dropped each year, albeit gradually, totaling a 2.9% decrease over three years. Despite the downturn, homes remain highly affordable, with 2025 values just under $85,000.
Ansley – Declining Prices in Central Nebraska
Situated in Custer County, Ansley is a village located along U.S. Route 183. The town has long been a quiet residential spot with minimal commercial development. The slight but steady decline in prices since 2022 could reflect reduced demand or a small number of property sales influencing the median estimate.
While values are trending downward, the village’s low home prices may be attractive to buyers willing to invest in a slower market. With local amenities, access to nearby Broken Bow, and a strong community identity, Ansley offers value despite the recent pricing slump.
4. Superior – 45.9% Home Price Increase Since 2016
- 2010: N/A
- 2011: N/A
- 2012: N/A
- 2013: N/A
- 2014: N/A
- 2015: N/A
- 2016: $55,468
- 2017: $48,013 (-$7,456, -13.44% from previous year)
- 2018: $56,517 (+$8,504, +17.71% from previous year)
- 2019: $58,940 (+$2,423, +4.29% from previous year)
- 2020: N/A
- 2021: $66,160
- 2022: $80,483 (+$14,323, +21.65% from previous year)
- 2023: $82,883 (+$2,399, +2.98% from previous year)
- 2024: $81,437 (-$1,446, -1.74% from previous year)
- 2025: $80,887 (-$550, -0.68% from previous year)
Home prices in Superior have risen nearly 46% since 2016, with a major jump in 2022 and smaller increases in the following years. Prices have dipped slightly since 2023 but remain significantly higher than earlier years, with a 2025 value just under $81,000.
Superior – Affordable Living Near the Kansas Line
Superior is located in Nuckolls County on the Nebraska-Kansas border. Once a thriving railroad hub, the town today is known for its historic downtown and proximity to natural areas like the Republican River and Lovewell Reservoir. Its affordable housing market makes it a popular choice for buyers seeking rural charm with practical amenities.
While there’s been some recent softening in price, Superior’s 2025 average of $80,887 remains among the lowest in the state. The town has seen some revitalization efforts in recent years, including building updates and community programs, which may help stabilize prices going forward.
3. Alexandria – 30.3% Home Price Increase Since 2018
- 2010: N/A
- 2011: N/A
- 2012: N/A
- 2013: N/A
- 2014: N/A
- 2015: N/A
- 2016: N/A
- 2017: N/A
- 2018: $56,754
- 2019: $62,140 (+$5,386, +9.49% from previous year)
- 2020: N/A
- 2021: $89,009
- 2022: $89,625 (+$616, +0.69% from previous year)
- 2023: $95,821 (+$6,195, +6.91% from previous year)
- 2024: $82,711 (-$13,109, -13.68% from previous year)
- 2025: $73,976 (-$8,735, -10.56% from previous year)
Alexandria saw impressive price increases through 2023, rising over 30% since 2018. However, values fell sharply in both 2024 and 2025, suggesting the market may have overheated or seen a sudden drop in demand. Even with recent corrections, prices remain higher than in 2018.
Alexandria – Big Swings in a Small Market
Located in Thayer County, Alexandria is a tiny village with fewer than 100 residents. The town saw major home price gains between 2019 and 2023, possibly due to a small number of higher-value sales impacting averages. More recent declines bring the 2025 price down to $73,976—still higher than the 2018 baseline.
Alexandria’s small size means it’s more vulnerable to rapid market swings. However, its low cost of living, peaceful setting, and location near Highway 81 still offer appeal for those seeking extremely affordable rural property.
2. Nelson – 93.1% Home Price Increase Since 2016
- 2010: N/A
- 2011: N/A
- 2012: N/A
- 2013: N/A
- 2014: N/A
- 2015: N/A
- 2016: $35,709
- 2017: $37,896 (+$2,187, +6.12% from previous year)
- 2018: $45,902 (+$8,006, +21.13% from previous year)
- 2019: $52,071 (+$6,169, +13.44% from previous year)
- 2020: N/A
- 2021: $66,331
- 2022: $68,500 (+$2,169, +3.27% from previous year)
- 2023: $69,220 (+$720, +1.05% from previous year)
- 2024: $71,237 (+$2,017, +2.91% from previous year)
- 2025: $68,942 (-$2,295, -3.22% from previous year)
Home values in Nelson have nearly doubled since 2016, though the town has seen modest growth since 2021. The latest data shows a small decline in 2025, but prices remain far higher than the mid-$30,000 range seen less than a decade ago.
Nelson – Big Gains in a Tiny Market
As the county seat of Nuckolls County, Nelson serves as a hub for surrounding rural areas. Its affordability and central location contribute to long-term appeal, especially for residents working in agriculture or government services. The town features a courthouse square, school system, and recreational areas that support stable housing demand.
Though the 2025 average home value of $68,942 marks a small annual decline, it’s a substantial increase from $35,709 in 2016. That growth, combined with the town’s rural infrastructure and access to services, makes Nelson an interesting case of slow but sustained market appreciation.
1. Walthill – 22.9% Home Price Decrease Since 2021
- 2010: N/A
- 2011: N/A
- 2012: N/A
- 2013: N/A
- 2014: N/A
- 2015: N/A
- 2016: N/A
- 2017: N/A
- 2018: N/A
- 2019: N/A
- 2020: N/A
- 2021: $74,639
- 2022: $66,047 (-$8,592, -11.51% from previous year)
- 2023: $62,328 (-$3,719, -5.63% from previous year)
- 2024: $61,112 (-$1,216, -1.95% from previous year)
- 2025: $57,517 (-$3,595, -5.88% from previous year)
Walthill stands out for being the most affordable town on this list in 2025, with average home values below $58,000. However, prices have declined sharply since 2021, amounting to nearly a 23% decrease over four years.
Walthill – Most Affordable, but Still Falling
Walthill is located in Thurston County, on the Omaha Indian Reservation. It has experienced persistent challenges with economic development and housing demand, which may explain the steady decline in home prices since 2021. With a population of just over 700, the housing market is small and highly sensitive to fluctuations.
Despite the downward trend, the town’s exceptionally low home values may present an opportunity for buyers seeking inexpensive property in a rural setting. At $57,517 in 2025, Walthill remains Nebraska’s most affordable market based on Zillow data.
