Banner County, Nebraska home prices
Typical home $355,663 · +4.1% in a year · property tax 1.26%
The typical home in Banner County is worth $355,663, 28% more than the Nebraska typical home ($278,299). Values changed +4.1% in the past year and +40.4% over five years. Homeowners here pay a median 1.26% of their home's value in property tax each year ($4,482 on the typical home), versus 1.31% statewide.
Mortgage on the typical Banner County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $71,133 | $284,530 | $1,914 | $0 | $551 | $2,465 | $105,700 |
| 10% down | $35,566 | $320,097 | $2,153 | $133 | $551 | $2,838 | $121,600 |
| 5% down | $17,783 | $337,880 | $2,273 | $141 | $551 | $2,965 | $127,100 |
| 3.5% down (FHA) | $12,448 | $349,221 | $2,349 | $157 | $551 | $3,058 | $131,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.26% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Nebraska · part of the Scottsbluff metro area.
Nebraska counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Sarpy County | $356,669 | +3.0% | 1.74% |
| Saunders County | $357,205 | +5.3% | 1.3% |
| McPherson County | $339,233 | +1.7% | 1.11% |
| Seward County | $317,580 | +7.0% | 1.18% |
| Washington County | $396,936 | +2.2% | 1.39% |
| Gosper County | $311,165 | -1.8% | 1.05% |
| Sioux County | $310,306 | +9.5% | 1.63% |
| Cass County | $308,970 | +3.7% | 1.43% |
| Buffalo County | $305,204 | +6.5% | 1.44% |
| Hamilton County | $301,079 | +5.6% | 0.95% |
Frequently asked questions
What is the average home price in Banner County, NE?
The typical home value in Banner County is $355,663 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Banner County?
About $105,700 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Banner County?
The median effective rate is 1.26% of home value a year (Census ACS 2024 5-year estimates).