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Buying a home in Kenesaw, Nebraska

The typical owner-occupied home in Kenesaw is worth about $177,600, 26% below the Nebraska median of $238,600 and 47% below the national median of $332,700. Owners pay a median $2,188 a year in property taxes, about 1.23% of their home's value, lower than the Nebraska rate of 1.49%. The median household earns $92,639 a year, so the median home costs 1.9 times the median income (3.1 times for Nebraska). 91% of occupied homes here are lived in by their owners, and 51% of those owners still have a mortgage.

Kenesaw at a glance

Kenesaw Nebraska U.S.
Median home value $177,600 $238,600 $332,700
Median property tax paid per year $2,188 $3,549 $3,119
Property tax as a share of value 1.23% 1.49% 0.94%
Median household income $92,639 $76,475 $80,734
Homes lived in by their owners 91% 67% 65%
Owner homes with a mortgage 51% 58% 61%
Median monthly costs, owners with a mortgage $1,538 $1,736 $1,963
Those costs as a share of the owners' income 18.7% 19.5% 21.0%
Median rent $766 $1,072 $1,413
Rent as a share of renters' income 18.0% 27.9% 30.6%
Median year homes were built 1961 1975 1980
Vacant homes 6.1% 7.6% 10.1%
Population 902 1,978,707 334,922,499

What a typical home costs per month in Kenesaw

At this week's average 30-year rate of 7.11%, buying the median Kenesaw home of $177,600 with 20% down costs about $1,212 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,508, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $51,935 for the 20%-down payment. That payment is 16% of the median Kenesaw household income of $92,639; at that income and 20% down, the 28% guideline points to a home of about $317,000.

The median rent here is $766 a month, so owning the median home costs about $446 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$35,520
Loan amount$142,080
Principal and interest$956
Property taxes (1.23% a year)$182
Homeowners insurance (our estimate, 0.5% a year)$74
PMI$0
Total per month$1,212

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3.5% down, 30-year FHA loan
Down payment$6,216
Loan amount$174,383
Principal and interest$1,173
Property taxes (1.23% a year)$182
Homeowners insurance (our estimate, 0.5% a year)$74
FHA mortgage insurance$79
Total per month$1,508

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Questions about home buying in Kenesaw

What is the median home value in Kenesaw?

About $177,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Kenesaw?

Homeowners pay a median $2,188 a year, which is about 1.23% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Kenesaw?

For the median home with 20% down at 7.11%, the payment is about $1,212 a month. Keeping that under 28% of gross income takes about $51,935 a year.

More about Kenesaw

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data