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Housing in Timber Creek

A typical Timber Creek home is worth roughly $43,000

Typical home value
$43K
NE $281K
Estimate
2-bedroom rent
$960
a month, utilities in · HUD
Median tax bill
$344
NE $3,549

What kind of housing town is Timber Creek?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

What it takes to buy in Timber Creek

Try your own numbers below.

You could afford about
$274,000
Typical Timber Creek home $43K

That covers a typical Timber Creek home, with $231K to spare.

The typical home, each month
$280
Loan $210Tax $50Insurance $10

A two-bedroom rents for about $960 a month here, $680 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Nebraska typical property tax (1.49% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

75% of Timber Creek households own their home

Half of Timber Creek’s homes were built before 1938.

Owners and renters
Own 75%Rent 26%

Nebraska: 67% own.

1938
typical home built · NE 1975
$344
median property tax bill · NE $3,549
2%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $960

Renters already here pay a median of $547, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$670
1 bedroom$730
2 bedrooms$960
3 bedrooms$1,190
4 bedrooms$1,270
26%
of households rent · NE 34%
32
renter households
$547
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Boone County, NE): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Neighbors talk housing

What Timber Creek buyers, sellers and renters are saying.

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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.

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