Nebraska Mortgage Rates & Home Prices (2026)
Median price: $245,000 · Avg. rate: 6.87%
Nebraska Market Overview
$245,000
Median Home Price
6.87%
Avg. 30-Yr Rate
1.73%
Property Tax Rate
67.3%
Homeownership Rate
Nebraska offers affordable housing with a strong economy centered on Omaha and Lincoln. NIFA provides 5% of the loan amount as a DPA grant. While home prices are low, property tax rates are above average, impacting monthly costs.
Estimated Monthly Payment
Median home in Nebraska (20% down, 30-yr fixed)
$1,742/mo
Principal & Interest$1,287
Property Taxes$353
Home Insurance (est.)$102
Total Monthly (PITI)$1,742
Based on a $245,000 home with 20% down ($196,000 loan) at 6.87%. Does not include PMI, HOA, or other fees.
First-Time Buyer Programs in Nebraska
- NIFA Homebuyer Assistance Program
- Military Home Program
- NIFA DPA Grant
Contact your state's Housing Finance Agency for current program availability and requirements.
Rate Comparison: NE Rates
30-Year Fixed6.87%
15-Year Fixed6.10%
5/1 ARM (est.)6.12%
FHA 30-Year6.72%
VA 30-Year6.62%
Rates are estimates based on state averages and may vary by lender and borrower qualifications.
Frequently Asked Questions
Key Stats: NE
FHA Loan Limit$472,030
Median Income$68,428
Cost Index0.87x