Mortgage payment estimates, closing cost breakdowns, and homebuying data for Papillion, Nebraska.
Pre-filled with Papillion median home price and Nebraska tax/insurance rates. Adjust for your property.
Estimated closing costs based on Nebraska rates and fees applied to Papillion prices.
The median home price in Papillion is $315,000, 29% above the Nebraska state median of $245,000. With a population of 24,310, Papillion is a smaller market where home prices reflect strong demand and local economic factors.
Property taxes in Nebraska average 1.73% annually. This higher-than-average tax rate means a $315,000 home in Papillion would carry roughly $454/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 Papillion is $1,280/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Papillion presents moderate affordability. The $315K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.