Not every Nebraska town is caught in the rising price wave. According to the Zillow Home Value Index, 10 communities across the state are still offering buyers a solid deal in 2025. From farming centers on the plains to former manufacturing towns finding new identities, these places keep home prices surprisingly low—without sacrificing lifestyle. Whether you’re looking for an affordable first home or a long-term investment, these Nebraska towns show that budget-friendly living is still possible in today’s market.
10. Verdon – 40.3% Home Price Increase Since 2016
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- 2016: $70,533
- 2017: $69,485 (-$1,049, -1.49% from previous year)
- 2018: $79,423 (+$9,938, +14.30% from previous year)
- 2019: $77,836 (-$1,587, -2.00% from previous year)
- 2020: $84,709 (+$6,873, +8.83% from previous year)
- 2021: $108,457 (+$23,749, +28.04% from previous year)
- 2022: $113,259 (+$4,802, +4.43% from previous year)
- 2023: $108,557 (-$4,703, -4.15% from previous year)
- 2024: $108,968 (+$411, +0.38% from previous year)
- 2025: $98,962 (-$10,005, -9.18% from previous year)
Verdon’s home values have risen over 40% since 2016, though 2025 brought a steep 9% drop—the largest single-year decline for the town. Even so, prices remain well above where they started nearly a decade ago.
Verdon – Pandemic-Era Peak, Post-Boom Correction
Verdon is a tiny village in Richardson County, located in Nebraska’s southeastern corner. It saw one of its biggest surges in home values in 2021, likely influenced by national buying trends and limited local inventory.
But the gains have since partially reversed. With few homes available and a low transaction volume, even one or two property sales can swing averages sharply. For buyers seeking ultra-low-cost housing, Verdon remains a contender—especially after this year’s price drop.
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9. North Loup – 98.9% Home Price Increase Since 2016
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- 2016: $49,709
- 2017: $48,377 (-$1,332, -2.68% from previous year)
- 2018: $55,756 (+$7,379, +15.25% from previous year)
- 2019: $61,836 (+$6,080, +10.91% from previous year)
- 2020: $68,448 (+$6,613, +10.69% from previous year)
- 2021: $84,573 (+$16,124, +23.56% from previous year)
- 2022: $95,793 (+$11,220, +13.27% from previous year)
- 2023: $95,699 (-$94, -0.10% from previous year)
- 2024: $99,785 (+$4,086, +4.27% from previous year)
- 2025: $98,869 (-$916, -0.92% from previous year)
Since 2016, home values in North Loup have nearly doubled, growing from under $50,000 to just under $99,000. The growth has been steady, though the last two years have been more stable with modest fluctuations.
North Loup – Steady Appreciation in Valley County
North Loup is located along the North Loup River in central Nebraska’s Valley County. It’s a quiet community known for its annual popcorn festival and agricultural roots. With modest homes and a low cost of living, it’s no surprise that demand has slowly pushed prices upward.
The housing market here hasn’t shown the sharp volatility seen in some other towns. Instead, North Loup offers a picture of gradual appreciation—an appealing pattern for those looking for affordability without the risk of big swings.
8. Verdigre – 76.5% Home Price Increase Since 2016
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- 2016: $54,663
- 2017: $53,014 (-$1,649, -3.02% from previous year)
- 2018: $60,689 (+$7,676, +14.48% from previous year)
- 2019: $63,600 (+$2,910, +4.80% from previous year)
- 2020: $66,149 (+$2,549, +4.01% from previous year)
- 2021: $81,344 (+$15,195, +22.97% from previous year)
- 2022: $89,497 (+$8,153, +10.02% from previous year)
- 2023: $93,298 (+$3,801, +4.25% from previous year)
- 2024: $95,259 (+$1,961, +2.10% from previous year)
- 2025: $96,519 (+$1,260, +1.32% from previous year)
Home prices in Verdigre have grown by more than 76% since 2016. The rate of growth has slowed in recent years, but values have continued to rise consistently each year, reaching $96,519 in 2025.
Verdigre – Steady Growth in a Cultural Enclave
Verdigre is located in Knox County and is known for its strong Czech heritage, celebrated annually with the Kolach Days festival. This cultural identity, along with its scenic rural surroundings, makes it a unique and appealing place to live—especially for buyers seeking small-town charm and affordable housing.
Verdigre’s home price growth has been steady and resilient, even during years when other small towns saw declines. The modest yet consistent increases point to a market with stable demand and limited inventory. At under $100,000, it remains one of Nebraska’s most affordable towns with year-over-year appreciation.
7. Gordon – 84.6% Home Price Increase Since 2016
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- 2016: $51,657
- 2017: $49,981 (-$1,677, -3.25% from previous year)
- 2018: $54,379 (+$4,399, +8.80% from previous year)
- 2019: $59,437 (+$5,058, +9.30% from previous year)
- 2020: $64,384 (+$4,947, +8.32% from previous year)
- 2021: $76,614 (+$12,230, +19.00% from previous year)
- 2022: $85,448 (+$8,833, +11.53% from previous year)
- 2023: $90,639 (+$5,191, +6.08% from previous year)
- 2024: $95,256 (+$4,618, +5.09% from previous year)
- 2025: $95,364 (+$108, +0.11% from previous year)
Home values in Gordon have climbed nearly 85% since 2016, reaching $95,364 in 2025. While the most recent year showed very little growth, the long-term upward trajectory remains solid.
Gordon – Slow and Steady Price Appreciation
Gordon is located in northwest Nebraska, serving as a key town for the surrounding ranching and farming areas of Sheridan County. Its small-town charm and access to essential services make it a practical home base for residents who work in agriculture or nearby towns.
The consistent home value increases over the past several years suggest a reliable, if modest, level of demand. Gordon remains a strong option for those looking to buy under $100,000 while avoiding dramatic price swings.
6. Oakdale – 46.4% Home Price Increase Since 2016
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- 2016: $62,630
- 2017: $69,392 (+$6,762, +10.80% from previous year)
- 2018: $71,349 (+$1,957, +2.82% from previous year)
- 2019: $72,631 (+$1,282, +1.80% from previous year)
- 2020: $80,790 (+$8,159, +11.23% from previous year)
- 2021: $96,800 (+$16,010, +19.82% from previous year)
- 2022: $106,256 (+$9,457, +9.77% from previous year)
- 2023: $95,709 (-$10,547, -9.93% from previous year)
- 2024: $103,482 (+$7,773, +8.12% from previous year)
- 2025: $91,706 (-$11,776, -11.38% from previous year)
Oakdale’s housing market has been a rollercoaster in recent years, with a significant rise followed by sharp corrections. Even with a steep 11% decline in 2025, prices remain up 46% from their 2016 level.
Oakdale – Peaks, Dips, and Value
Located in Antelope County in northeastern Nebraska, Oakdale is a quiet village with a long farming tradition. Its housing market surged during the pandemic, reflecting broader statewide trends, but has corrected sharply over the past few years.
While volatility may concern some buyers, others may see the current dip as an opportunity to purchase well below recent highs. At under $92,000, Oakdale offers rural affordability with potential for future gains if prices rebound.
5. Ansley – 4.6% Home Price Decline Since 2022
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- 2022: $90,753
- 2023: $90,541 (-$212, -0.23% from previous year)
- 2024: $89,359 (-$1,182, -1.31% from previous year)
- 2025: $86,554 (-$2,805, -3.14% from previous year)
Ansley’s home values have declined nearly 5% since 2022, now sitting at $86,554. While it hasn’t seen the explosive growth of other towns, it remains one of the cheapest markets in the state.
Ansley – Stable Prices and Consistent Affordability
Ansley is a village in Custer County, centrally located within the state. It’s a quiet, no-frills community with a low cost of living and basic amenities. Its housing market reflects that stability, with slow-moving trends rather than dramatic changes.
The recent softening of prices may reflect local economic shifts or simply fewer home sales. Still, Ansley’s values remain accessible for entry-level buyers or those seeking to downsize affordably in a low-pressure market.
4. Superior – 42.5% Home Price Increase Since 2016
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- 2016: $60,398
- 2017: $52,879 (-$7,518, -12.45% from previous year)
- 2018: $62,659 (+$9,780, +18.49% from previous year)
- 2019: $63,845 (+$1,186, +1.89% from previous year)
- 2020: $60,730 (-$3,115, -4.88% from previous year)
- 2021: $73,344 (+$12,614, +20.77% from previous year)
- 2022: $90,137 (+$16,792, +22.90% from previous year)
- 2023: $91,444 (+$1,307, +1.45% from previous year)
- 2024: $89,379 (-$2,065, -2.26% from previous year)
- 2025: $86,081 (-$3,298, -3.69% from previous year)
Superior has seen home prices grow more than 42% since 2016, even with back-to-back annual declines in 2024 and 2025. It now ranks as one of the most affordable towns in Nebraska, with homes averaging $86,081.
Superior – Price Gains Followed by Cooling
Located in Nuckolls County, Superior sits near the Kansas border and once billed itself as the “Victorian Capital of Nebraska.” That historic charm may have helped attract buyers during the pandemic boom, but prices have since cooled off.
Even with recent drops, Superior’s long-term gains remain intact. Buyers today may find themselves purchasing at a relative discount compared to just a few years ago, with room for future growth if demand rebounds.
3. Nelson – 88.2% Home Price Increase Since 2016
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- 2016: $39,846
- 2017: $42,463 (+$2,617, +6.57% from previous year)
- 2018: $53,292 (+$10,829, +25.50% from previous year)
- 2019: $58,277 (+$4,985, +9.35% from previous year)
- 2020: $60,110 (+$1,833, +3.14% from previous year)
- 2021: $74,160 (+$14,050, +23.37% from previous year)
- 2022: $77,236 (+$3,076, +4.15% from previous year)
- 2023: $77,200 (-$36, -0.05% from previous year)
- 2024: $78,712 (+$1,513, +1.96% from previous year)
- 2025: $74,955 (-$3,757, -4.77% from previous year)
Home values in Nelson have grown nearly 90% since 2016, though 2025 brought a nearly 5% decline. With a current average home price just under $75,000, it remains one of the cheapest markets in Nebraska.
Nelson – Big Gains on a Low Base
Also located in Nuckolls County, Nelson is a tiny town with big housing market movement. Its prices nearly doubled in just a few years—likely driven by extremely low inventory and a few above-average sales.
The recent dip brings some balance, but homes here remain very affordable by state and national standards. Buyers looking for a low entry point with long-term upside might find Nelson to be a compelling option.
2. Alexandria – 24.6% Home Price Increase Since 2018
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- 2018: $59,126
- 2019: $63,878 (+$4,752, +8.04% from previous year)
- 2020: $70,914 (+$7,036, +11.02% from previous year)
- 2021: $92,212 (+$21,297, +30.03% from previous year)
- 2022: $93,605 (+$1,394, +1.51% from previous year)
- 2023: $98,815 (+$5,210, +5.57% from previous year)
- 2024: $85,482 (-$13,333, -13.49% from previous year)
- 2025: $73,666 (-$11,816, -13.82% from previous year)
Alexandria’s home prices grew significantly between 2018 and 2023, but the past two years have reversed those gains. After two double-digit declines, average values are back to around $73,666.
Alexandria – Rapid Rise, Steep Fall
Alexandria is a village in Thayer County with fewer than 100 residents. Its price history shows how small-town markets can swing dramatically in either direction due to limited transactions.
The recent pullback may offer opportunities for buyers seeking deeply discounted prices. The town’s rural setting and extremely low price point make it one of Nebraska’s most accessible real estate markets.
1. Walthill – 26.2% Home Price Decline Since 2021
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- 2021: $83,847
- 2022: $74,216 (-$9,631, -11.49% from previous year)
- 2023: $70,570 (-$3,646, -4.91% from previous year)
- 2024: $69,963 (-$607, -0.86% from previous year)
- 2025: $61,845 (-$8,118, -11.60% from previous year)
Walthill’s home values have declined more than 26% since 2021, with prices falling every year for four straight years. The 2025 average of $61,845 makes it the least expensive town in Nebraska by typical home value.
Walthill – Nebraska’s Most Affordable Housing Market
Walthill is located in Thurston County within the boundaries of the Omaha Reservation. It has faced ongoing economic challenges, and the housing data reflects that reality. The consistent price declines may stem from limited demand, aging housing stock, or broader regional factors.
For buyers looking purely for price, Walthill tops the list. But the town’s economic context is important to understand before investing. With values this low, some buyers may see long-term opportunity—if revitalization efforts take hold in future years.
