Polk County, Nebraska home prices
Typical home $218,827 · +1.9% in a year · property tax 0.99%
The typical home in Polk County is worth $218,827, 21% less than the Nebraska typical home ($278,299). Values changed +1.9% in the past year and +27.2% over five years. Homeowners here pay a median 0.99% of their home's value in property tax each year ($2,176 on the typical home), versus 1.31% statewide.
Mortgage on the typical Polk County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $43,765 | $175,062 | $1,178 | $0 | $291 | $1,468 | $62,900 |
| 10% down | $21,883 | $196,944 | $1,325 | $82 | $291 | $1,698 | $72,800 |
| 5% down | $10,941 | $207,886 | $1,398 | $87 | $291 | $1,776 | $76,100 |
| 3.5% down (FHA) | $7,659 | $214,863 | $1,445 | $97 | $291 | $1,833 | $78,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.99% 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 |
|---|---|---|---|
| Greeley County | $218,638 | +8.2% | 1.29% |
| Chase County | $218,408 | +8.4% | 1.28% |
| Saline County | $218,248 | +1.8% | 1.35% |
| Perkins County | $221,350 | +0.7% | 1% |
| Cherry County | $221,476 | -5.6% | 0.99% |
| Antelope County | $214,956 | +4.2% | 1.23% |
| Johnson County | $214,386 | +2.6% | 1.32% |
| Lincoln County | $225,085 | +6.6% | 1.47% |
| Knox County | $212,114 | +5.1% | 1.15% |
| York County | $226,050 | -0.1% | 1.19% |
Frequently asked questions
What is the average home price in Polk County, NE?
The typical home value in Polk County is $218,827 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Polk County?
About $62,900 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Polk County?
The median effective rate is 0.99% of home value a year (Census ACS 2024 5-year estimates).