Cheyenne County, Nebraska home prices
Typical home $172,864 · +6.7% in a year · property tax 1.65%
The typical home in Cheyenne County is worth $172,864, 38% less than the Nebraska typical home ($278,299). Values changed +6.7% in the past year and +42.7% over five years. Homeowners here pay a median 1.65% of their home's value in property tax each year ($2,847 on the typical home), versus 1.31% statewide.
Mortgage on the typical Cheyenne County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $34,573 | $138,291 | $930 | $0 | $324 | $1,254 | $53,700 |
| 10% down | $17,286 | $155,578 | $1,047 | $65 | $324 | $1,435 | $61,500 |
| 5% down | $8,643 | $164,221 | $1,105 | $68 | $324 | $1,497 | $64,200 |
| 3.5% down (FHA) | $6,050 | $169,733 | $1,142 | $76 | $324 | $1,542 | $66,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.65% 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.
Nebraska counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Frontier County | $174,432 | +5.7% | 1.4% |
| Garden County | $175,060 | +2.1% | 1.01% |
| Thurston County | $170,592 | +12.7% | 1.47% |
| Logan County | $175,598 | +3.8% | 0.98% |
| Deuel County | $168,336 | +5.5% | 1.43% |
| Kimball County | $168,081 | +4.6% | 1.67% |
| Harlan County | $167,549 | +5.5% | 1.29% |
| Custer County | $179,132 | +8.1% | 1.16% |
| Box Butte County | $179,655 | +3.1% | 1.51% |
| Valley County | $179,973 | +2.6% | 1.32% |
Frequently asked questions
What is the average home price in Cheyenne County, NE?
The typical home value in Cheyenne County is $172,864 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Cheyenne County?
About $53,700 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Cheyenne County?
The median effective rate is 1.65% of home value a year (Census ACS 2024 5-year estimates).