Otoe County, Nebraska home prices
Typical home $244,979 · +2.7% in a year · property tax 1.33%
The typical home in Otoe County is worth $244,979, 12% less than the Nebraska typical home ($278,299). Values changed +2.7% in the past year and +35.7% over five years. Homeowners here pay a median 1.33% of their home's value in property tax each year ($3,270 on the typical home), versus 1.31% statewide.
Mortgage on the typical Otoe County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $48,996 | $195,984 | $1,318 | $0 | $395 | $1,713 | $73,400 |
| 10% down | $24,498 | $220,482 | $1,483 | $92 | $395 | $1,970 | $84,400 |
| 5% down | $12,249 | $232,731 | $1,566 | $97 | $395 | $2,058 | $88,200 |
| 3.5% down (FHA) | $8,574 | $240,542 | $1,618 | $108 | $395 | $2,121 | $90,900 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.33% 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 |
|---|---|---|---|
| Dakota County | $245,248 | +5.7% | 1.54% |
| Pierce County | $246,072 | +2.9% | 1.14% |
| Keith County | $247,262 | +7.0% | 1.41% |
| Butler County | $242,422 | +5.8% | 1.11% |
| Dodge County | $240,410 | +3.5% | 1.27% |
| Kearney County | $250,494 | +5.0% | 1.23% |
| Wayne County | $252,588 | +6.6% | 1.12% |
| Cedar County | $236,446 | +9.8% | 1% |
| Madison County | $254,172 | +3.4% | 1.37% |
| Wheeler County | $234,464 | +1.8% | 0.79% |
Frequently asked questions
What is the average home price in Otoe County, NE?
The typical home value in Otoe County is $244,979 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Otoe County?
About $73,400 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Otoe County?
The median effective rate is 1.33% of home value a year (Census ACS 2024 5-year estimates).