A typical Nebraska home is worth roughly $139,000
What kind of housing town is Nebraska?
Read from the numbers below. The page puts what stands out first.
A typical home costs 1.8 years of income
Less than across Illinois (3.6 years). Try your own numbers below.
That covers a typical Nebraska home, with $126K to spare.
A two-bedroom rents for about $960 a month here, $10 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Nebraska’s typical property tax (2.03% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
85% of Nebraska households own their home
Half of Nebraska’s homes were built before 1938.
Illinois: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024.
A two-bedroom rents for about $960
Renters already here pay a median of $873.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Peoria, IL MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Nebraska vs. its neighbors
Nebraska is the least expensive of 4 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Nebraska | $139K* | — | $960 | $78,869 |
| Waldo | — | +2.3%† | $970 | $150,962 |
| Minonk | $165K | +6.2% | $1,110 | $75,395 |
| Long Point | $176K | +15.1% | $960 | $122,614 |
| Rooks Creek | $235K* | −1.1%† | $980 | $111,989 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Nebraska buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.