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Buying a home in Wynot, Nebraska

The typical owner-occupied home in Wynot is worth about $117,500, 51% below the Nebraska median of $238,600 and 65% below the national median of $332,700. Owners pay a median $1,250 a year in property taxes, about 1.06% of their home's value, lower than the Nebraska rate of 1.49%. The median household earns $77,500 a year, so the median home costs 1.5 times the median income (3.1 times for Nebraska). 97% of occupied homes here are lived in by their owners, and 29% of those owners still have a mortgage.

Wynot at a glance

Wynot Nebraska U.S.
Median home value $117,500 $238,600 $332,700
Median property tax paid per year $1,250 $3,549 $3,119
Property tax as a share of value 1.06% 1.49% 0.94%
Median household income $77,500 $76,475 $80,734
Homes lived in by their owners 97% 67% 65%
Owner homes with a mortgage 29% 58% 61%
Median monthly costs, owners with a mortgage $1,313 $1,736 $1,963
Those costs as a share of the owners' income 23.8% 19.5% 21.0%
Median rent – $1,072 $1,413
Median year homes were built 1978 1975 1980
Vacant homes 18.6% 7.6% 10.1%
Population 209 1,978,707 334,922,499

What a typical home costs per month in Wynot

At this week's average 30-year rate of 7.11%, buying the median Wynot home of $117,500 with 20% down costs about $785 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $981, 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 $33,647 for the 20%-down payment. That payment is 12% of the median Wynot household income of $77,500; at that income and 20% down, the 28% guideline points to a home of about $271,000.

20% down, 30-year conventional loan
Down payment$23,500
Loan amount$94,000
Principal and interest$632
Property taxes (1.06% a year)$104
Homeowners insurance (our estimate, 0.5% a year)$49
PMI$0
Total per month$785

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3.5% down, 30-year FHA loan
Down payment$4,112
Loan amount$115,372
Principal and interest$776
Property taxes (1.06% a year)$104
Homeowners insurance (our estimate, 0.5% a year)$49
FHA mortgage insurance$52
Total per month$981

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Questions about home buying in Wynot

What is the median home value in Wynot?

About $117,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Wynot?

Homeowners pay a median $1,250 a year, which is about 1.06% 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 Wynot?

For the median home with 20% down at 7.11%, the payment is about $785 a month. Keeping that under 28% of gross income takes about $33,647 a year.

More about Wynot

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