Kearney, NE home prices
Typical home $298,719 · +6.3% in a year · income needed $90,700
The Kearney, NE metro area ranks 323 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +6.3% in a year and +32.9% over five years. With 20% down at 7.11%, the typical home costs about $2,116 a month including 1.44% property tax (Buffalo County rate).
Mortgage on the typical Kearney home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $59,744 | $238,976 | $1,608 | $0 | $509 | $2,116 | $90,700 |
| 10% down | $29,872 | $268,847 | $1,809 | $112 | $509 | $2,429 | $104,100 |
| 5% down | $14,936 | $283,783 | $1,909 | $118 | $509 | $2,536 | $108,700 |
| 3.5% down (FHA) | $10,455 | $293,309 | $1,973 | $132 | $509 | $2,614 | $112,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.44% 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.
Counties in the Kearney area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Buffalo County, NE | $305,204 | +6.5% | 1.44% |
| Kearney County, NE | $250,494 | +5.0% | 1.23% |
What can you afford in Nebraska on your salary? · Nebraska home prices · Salaries in Nebraska
Frequently asked questions
How much is a house in Kearney?
The typical home in the Kearney, NE metro area is worth $298,719 (Zillow, September 2026).
What salary do you need to buy a house in Kearney?
About $90,700 a year for the typical home with 20% down at 7.11%.