498 Locust St, Milford, NE 68405
Property image
Property image
OFF MARKET

$421,700

Trulia Estimate
  • 4 Beds
  • 2.5 Baths
  • 1,936 sqft

498 Locust St, Milford, NE 68405

Currently Off Market - Sold Jun 8, 2016 for $278,000

Home Value

Trulia Estimate
$422K
Since last month
Increased$3K (+0.7%)
Since last year
Increased$13K (+3.2%)
Since last sale
Increased$144K (+51.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +49% in the last 10 years
MonthEstimated value
2026
September 2026$422K
August 2026$419K
July 2026$421K
June 2026$428K
May 2026$425K
April 2026$421K
March 2026$417K
February 2026$410K
January 2026$404K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.12
Single-Family Home
$245,000
10/15/25
3
2
1,398
0.19
Single-Family Home
$336,900
11/20/25
5
3
2,590
0.45
Single-Family Home
$275,000
04/17/26
3
3
2,034
0.16
Single-Family Home
$273,000
11/14/25
3
2
864
0.59
Single-Family Home
$291,000
06/01/26
4
2.5
2,124
0.32
Single-Family Home
$180,000
01/02/26
3
3
1,288
0.49
Single-Family Home
$235,000
11/12/25
3
2
1,428
0.28
Single-Family Home
$212,000
07/10/26
3
1
1,279
0.76
Single-Family Home
$375,000
05/28/26
4
2.5
2,667
0.81
Single-Family Home
$285,000
12/29/25
3
2
1,904

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.06
$398,000
3
2.5
2,758
Off Market
0.08
$299,000
3
4
2,310
Off Market
0.12
$249,100
3
2
1,398
Off Market
0.12
$276,900
3
2
1,786
Off Market
0.13
$278,800
3
2
1,902
Off Market
0.16
$272,200
3
2.5
-
Off Market
0.17
$199,400
2
1.5
1,144
Off Market
0.19
$341,600
5
3
2,590
Off Market
0.21
$250,400
3
2
1,915
Off Market
0.24
$346,600
2
1.5
2,924
Off Market
0.28
$212,000
3
1
1,279
Recently Sold
0.29
$218,700
4
1.5
960
Off Market

Local Information

  • Map ViewExplore the area around 498 Locust St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1974
1,936 sqft
$218/sqft
Garage

About this House

Once in a while, a great opportunity presents itself, & here it is! In-town acreage, at the edge of Milford city limits, backing up to a wooded area, with 5 acres to explore & call your own, wonderfully landscaped for privacy & serenity, but with all the convenience of town living! This multi level offers lots of living space with generously sized rooms & a back yard that could be an entertaining Mecca. Updated front entry leads into a large tiled foyer. On the main level is a U-shaped kitchen, a dining area with access to a back deck, & a sunken living room with a double sided fireplace. Up a few steps, you will find a master bedroom with its very own deck & mstr bath, plus 2 more bedrooms & a bath. On the ground level, behind the garage is the laundry & half bath strategically located next to an exterior door leading to the back yard, & a 4th bedroom /office. The walk out basement includes a family room w/ gas FP, a rec room, mini kitchen, toy room/office, & a storm cellar.
498 Locust St, Milford, NE 68405 is a 4 bedroom, 3 bathroom, 1,936 sqft single-family home built in 1974. It last sold for $278,000 on Jun 8, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $421,700, with a rent estimate of $2,281/month.

Home Details for 498 Locust St

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: CompositionExterior: BrickFoundation Type: Concrete Block
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1974
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 10400 sqft

Price and Tax history

DateEventPrice
Jun 8, 2016
Source: GPRMLS #L10128976
Sold
$278,000
May 7, 2016
Source: Agent Provided
PriceChange
$290,000
Price decreased by 5%
Apr 20, 2016
Source: Agent Provided
Listed For Sale
$305,000

Market trends in Milford

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
6

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Milford

At least 2 Trulia users voted on each feature.
  • 100 % Say it's walkable to grocery stores

  • 100 % Say kids play outside

  • 100 % Say it's dog friendly

  • 83 % Say car is needed

  • 75 % Say there's wildlife

  • 75 % Say parking is easy

  • 67 % Say it's walkable to restaurants

  • 67 % Say yards are well-kept

  • 60 % Say there's holiday spirit

  • 60 % Say people would walk alone at night

  • 50 % Say they plan to stay for at least 5 years

  • 50 % Say there are sidewalks

  • 40 % Say streets are well-lit

  • 39 % Say neighbors are friendly

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Frequently asked questions about 498 Locust St

  • What is 498 Locust St estimated to be worth?
    Trulia's estimated value for 498 Locust St in Milford, NE is $421,700.
  • What is the price history for 498 Locust St?
    498 Locust St in Milford, NE last sold for $278,000 in June 2016.
  • Is Milford a buyer's or seller's market?
    Milford is currently a balanced market, based on recent for-sale activity.
  • What are the closest schools to 498 Locust St?
    The closest schools to 498 Locust St in Milford, NE are Milford Elementary School (Pre-K, rated 6/10), Milford High School (Middle, rated 8/10).
  • Does 498 Locust St have air conditioning?
    Yes, 498 Locust St in Milford, NE has air conditioning.
  • How big is the lot at 498 Locust St?
    The lot at 498 Locust St in Milford, NE is about 0.24 acres (10,400 sq ft).

Apartments for Rent

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