Home › Counties › Phelps County, NE
The median home value in Phelps County, NE is $221,146 as of 2026-08-31, up 3.04% from a year earlier.
Median Home Value
$221,146
Year-over-Year
+3.04%
National Rank
#1701 of 3071
Phelps County ranks 42nd out of 89 counties in NE by median home price, and is -5.9% below the U.S. national median of $235,072. Within NE, the typical county has a median home value of $218,486, making Phelps County +1.2% above the NE state median.
The typical home value decreased by 0.1%, from $221,452 in May 2026 to $221,146 in Aug 2026.
Monthly Zillow Home Value Index snapshots retained by HomePriceMap. A short history is shown now and grows automatically as each new monthly release arrives.
| Month | Typical home value | Year-over-year change |
|---|---|---|
| May 2026 | $221,452 | +5.0% |
| Jun 2026 | $225,348 | +4.4% |
| Jul 2026 | $222,198 | +3.5% |
| Aug 2026 | $221,146 | +3.0% |
Households here earn a median of $68,919 a year against a typical home value of $221,146 — a price-to-income ratio of 3.2×, above the 3× level usually considered comfortable, but below 5×. That is less affordable than roughly 34% of U.S. counties. (How this is calculated.)
The median home value in Phelps County is $221,146. That's up 3.04% from a year earlier. That is about 5.9% below the U.S. national county median of $235,072, and makes Phelps County the 42nd most expensive of 89 counties in Nebraska.
Median household income here is $68,919, so a typical home costs about 3.2× annual household earnings — moderately expensive compared with other U.S. counties.
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