Mortgage payment estimates, closing cost breakdowns, and homebuying data for Kearney, Nebraska.
Pre-filled with Kearney median home price and Nebraska tax/insurance rates. Adjust for your property.
Estimated closing costs based on Nebraska rates and fees applied to Kearney prices.
The median home price in Kearney is $235,000, roughly in line with the Nebraska state median of $245,000. With a population of 33,790, Kearney is a smaller market where home prices tend to be more accessible than in many parts of Nebraska.
Property taxes in Nebraska average 1.73% annually. This higher-than-average tax rate means a $235,000 home in Kearney would carry roughly $339/month in property taxes alone — plan accordingly. Homeowners insurance in Nebraska runs approximately $2,800 per year. This is within the normal range nationally.
Average rent in Kearney is $1,020/month. The price-to-rent ratio in Kearney is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Kearney offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Nebraska's NIFA Homebuyer Assistance program.