Home / Home Buying by state / Nebraska / Butler County / Ulysses

Buying a home in Ulysses, Nebraska

The typical owner-occupied home in Ulysses is worth about $36,300, 85% below the Nebraska median of $238,600 and 89% below the national median of $332,700. Owners pay a median $681 a year in property taxes, about 1.88% of their home's value, higher than the Nebraska rate of 1.49%. The median household earns $76,458 a year, so the median home costs 0.5 times the median income (3.1 times for Nebraska). 91% of occupied homes here are lived in by their owners, and 43% of those owners still have a mortgage.

Ulysses at a glance

Ulysses Nebraska U.S.
Median home value $36,300 $238,600 $332,700
Median property tax paid per year $681 $3,549 $3,119
Property tax as a share of value 1.88% 1.49% 0.94%
Median household income $76,458 $76,475 $80,734
Homes lived in by their owners 91% 67% 65%
Owner homes with a mortgage 43% 58% 61%
Median monthly costs, owners with a mortgage $597 $1,736 $1,963
Those costs as a share of the owners' income 11.8% 19.5% 21.0%
Median rent $675 $1,072 $1,413
Rent as a share of renters' income 12.5% 27.9% 30.6%
Median year homes were built 1938 1975 1980
Vacant homes 5.0% 7.6% 10.1%
Population 190 1,978,707 334,922,499

What a typical home costs per month in Ulysses

At this week's average 30-year rate of 7.11%, buying the median Ulysses home of $36,300 with 20% down costs about $267 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $328, 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 $11,458 for the 20%-down payment. That payment is 4% of the median Ulysses household income of $76,458; at that income and 20% down, the 28% guideline points to a home of about $242,000.

The median rent here is $675 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$7,260
Loan amount$29,040
Principal and interest$195
Property taxes (1.88% a year)$57
Homeowners insurance (our estimate, 0.5% a year)$15
PMI$0
Total per month$267

Change the numbers in the calculator

3.5% down, 30-year FHA loan
Down payment$1,270
Loan amount$35,643
Principal and interest$240
Property taxes (1.88% a year)$57
Homeowners insurance (our estimate, 0.5% a year)$15
FHA mortgage insurance$16
Total per month$328

Change the numbers in the calculator

Questions about home buying in Ulysses

What is the median home value in Ulysses?

About $36,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Ulysses?

Homeowners pay a median $681 a year, which is about 1.88% 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 Ulysses?

For the median home with 20% down at 7.11%, the payment is about $267 a month. Keeping that under 28% of gross income takes about $11,458 a year.

More about Ulysses

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