Home / Home Buying by state / Nebraska / Cherry County / Crookston

Buying a home in Crookston, Nebraska

The typical owner-occupied home in Crookston is worth about $48,200, 80% below the Nebraska median of $238,600 and 86% below the national median of $332,700. Owners pay a median $506 a year in property taxes, about 1.05% of their home's value, lower than the Nebraska rate of 1.49%. 84% of occupied homes here are lived in by their owners, and 33% of those owners still have a mortgage.

Crookston at a glance

Crookston Nebraska U.S.
Median home value $48,200 $238,600 $332,700
Median property tax paid per year $506 $3,549 $3,119
Property tax as a share of value 1.05% 1.49% 0.94%
Median household income – $76,475 $80,734
Homes lived in by their owners 84% 67% 65%
Owner homes with a mortgage 33% 58% 61%
Median monthly costs, owners with a mortgage $1,104 $1,736 $1,963
Those costs as a share of the owners' income 27.1% 19.5% 21.0%
Median rent – $1,072 $1,413
Median year homes were built 1968 1975 1980
Vacant homes 30.4% 7.6% 10.1%
Population 45 1,978,707 334,922,499

What a typical home costs per month in Crookston

At this week's average 30-year rate of 7.11%, buying the median Crookston home of $48,200 with 20% down costs about $322 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $402, 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 $13,785 for the 20%-down payment.

20% down, 30-year conventional loan
Down payment$9,640
Loan amount$38,560
Principal and interest$259
Property taxes (1.05% a year)$42
Homeowners insurance (our estimate, 0.5% a year)$20
PMI$0
Total per month$322

Change the numbers in the calculator

3.5% down, 30-year FHA loan
Down payment$1,687
Loan amount$47,327
Principal and interest$318
Property taxes (1.05% a year)$42
Homeowners insurance (our estimate, 0.5% a year)$20
FHA mortgage insurance$21
Total per month$402

Change the numbers in the calculator

Questions about home buying in Crookston

What is the median home value in Crookston?

About $48,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Crookston?

Homeowners pay a median $506 a year, which is about 1.05% 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 Crookston?

For the median home with 20% down at 7.11%, the payment is about $322 a month. Keeping that under 28% of gross income takes about $13,785 a year.

More about Crookston

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