Lancaster County, Nebraska home prices
Typical home $299,768 · +2.9% in a year · property tax 1.53%
The typical home in Lancaster County is worth $299,768, 8% more than the Nebraska typical home ($278,299). Values changed +2.9% in the past year and +23.5% over five years. Homeowners here pay a median 1.53% of their home's value in property tax each year ($4,579 on the typical home), versus 1.31% statewide.
Mortgage on the typical Lancaster County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $59,954 | $239,814 | $1,613 | $0 | $531 | $2,145 | $91,900 |
| 10% down | $29,977 | $269,791 | $1,815 | $112 | $531 | $2,459 | $105,400 |
| 5% down | $14,988 | $284,779 | $1,916 | $119 | $531 | $2,566 | $110,000 |
| 3.5% down (FHA) | $10,492 | $294,338 | $1,980 | $133 | $531 | $2,644 | $113,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.53% 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 Lincoln metro area.
Nebraska counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Hamilton County | $301,079 | +5.6% | 0.95% |
| Boone County | $294,679 | +1.7% | 1.03% |
| Buffalo County | $305,204 | +6.5% | 1.44% |
| Douglas County | $294,051 | +2.2% | 1.69% |
| Cass County | $308,970 | +3.7% | 1.43% |
| Sioux County | $310,306 | +9.5% | 1.63% |
| Gosper County | $311,165 | -1.8% | 1.05% |
| Keya Paha County | $284,560 | -1.1% | 1.29% |
| Seward County | $317,580 | +7.0% | 1.18% |
| Howard County | $280,528 | +4.3% | 1.16% |
Frequently asked questions
What is the average home price in Lancaster County, NE?
The typical home value in Lancaster County is $299,768 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Lancaster County?
About $91,900 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Lancaster County?
The median effective rate is 1.53% of home value a year (Census ACS 2024 5-year estimates).