Lexington, NE home prices
Typical home $207,574 · -1.4% in a year · income needed $62,000
The Lexington, NE metro area ranks 609 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed -1.4% in a year and +23.0% over five years. With 20% down at 7.11%, the typical home costs about $1,447 a month including 1.31% property tax (Dawson County rate).
Mortgage on the typical Lexington home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $41,515 | $166,059 | $1,117 | $0 | $330 | $1,447 | $62,000 |
| 10% down | $20,757 | $186,817 | $1,257 | $78 | $330 | $1,664 | $71,300 |
| 5% down | $10,379 | $197,195 | $1,327 | $82 | $330 | $1,739 | $74,500 |
| 3.5% down (FHA) | $7,265 | $203,814 | $1,371 | $92 | $330 | $1,793 | $76,800 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.31% 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 Lexington area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Dawson County, NE | $199,542 | -1.3% | 1.31% |
| Gosper County, NE | $311,165 | -1.8% | 1.05% |
What can you afford in Nebraska on your salary? · Nebraska home prices · Salaries in Nebraska
Frequently asked questions
How much is a house in Lexington?
The typical home in the Lexington, NE metro area is worth $207,574 (Zillow, September 2026).
What salary do you need to buy a house in Lexington?
About $62,000 a year for the typical home with 20% down at 7.11%.