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Cheney, NE Home Values and Rents
The median home value in Cheney is $167,200.
- Median home value
- $167,200
- ACS 2020-2024
- Price change, 1 year
- +3.5%
- County index, 2025
- Homeownership
- 100.0%
- NE: 66.5%
Home sale prices in the Lincoln, NE area
Zillow median sale price, Sep 2026
$287,707+2.0% from a year earlier
Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.
Lancaster County home price trend
FHFA annual House Price Index for Lancaster County, 2000 = 100, compared with Nebraska
Show as a table
| Period | Lancaster County |
|---|---|
| 2025 | 247 |
| 2024 | 238 |
| 2023 | 228 |
| 2022 | 210 |
| 2021 | 184 |
| 2020 | 165 |
| 2019 | 160 |
| 2018 | 154 |
| 2017 | 145 |
| 2016 | 136 |
| 2015 | 130 |
| 2014 | 124 |
| 2013 | 121 |
| 2012 | 118 |
| 2011 | 117 |
Beta
Over five years, Lancaster County prices changed +49.3%, compared with +33.6% for Nebraska.
Source: Federal Housing Finance Agency · Last updated 08/01/2026
Share:
Fair Market Rents, FY2027
HUD rent standard for Lincoln, NE HUD Metro FMR Area
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $948 | +10.9% |
| 1 bedroom | $1,009 | +9.0% |
| 2 bedrooms | $1,230 | +7.8% |
| 3 bedrooms | $1,703 | +7.3% |
| 4 bedrooms | $1,915 | +11.9% |
Frequently asked questions
- What is the median home value in Cheney, NE?
- The median home value in Cheney is $167,200, based on the American Community Survey 2020-2024 5-year estimates. The Nebraska median is $238,600.
- Are home prices going up in Cheney?
- Home prices in Lancaster County changed +3.5% over one year and +49.3% over five years, as of 2025.