The typical owner-occupied home in Kilgore is worth about $48,900, 80% below the Nebraska median of $238,600 and 85% below the national median of $332,700. 93% of occupied homes here are lived in by their owners, and 0% of those owners still have a mortgage.
Kilgore at a glance
| Kilgore | Nebraska | U.S. | |
|---|---|---|---|
| Median home value | $48,900 | $238,600 | $332,700 |
| Median property tax paid per year | – | $3,549 | $3,119 |
| Median household income | – | $76,475 | $80,734 |
| Homes lived in by their owners | 93% | 67% | 65% |
| Owner homes with a mortgage | 0% | 58% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,736 | $1,963 |
| Median rent | – | $1,072 | $1,413 |
| Median year homes were built | 1938 | 1975 | 1980 |
| Vacant homes | 12.5% | 7.6% | 10.1% |
| Population | 135 | 1,978,707 | 334,922,499 |
What a typical home costs per month in Kilgore
At this week's average 30-year rate of 7.11%, buying the median Kilgore home of $48,900 with 20% down costs about $328 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $410, 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 $14,073 for the 20%-down payment.
| Down payment | $9,780 |
|---|---|
| Loan amount | $39,120 |
| Principal and interest | $263 |
| Property taxes (1.10% a year) | $45 |
| Homeowners insurance (our estimate, 0.5% a year) | $20 |
| PMI | $0 |
| Total per month | $328 |
Change the numbers in the calculator
| Down payment | $1,712 |
|---|---|
| Loan amount | $48,014 |
| Principal and interest | $323 |
| Property taxes (1.10% a year) | $45 |
| Homeowners insurance (our estimate, 0.5% a year) | $20 |
| FHA mortgage insurance | $22 |
| Total per month | $410 |
Change the numbers in the calculator
Questions about home buying in Kilgore
What is the median home value in Kilgore?
About $48,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Kilgore?
For the median home with 20% down at 7.11%, the payment is about $328 a month. Keeping that under 28% of gross income takes about $14,073 a year.
More about Kilgore
- Mortgage Refinance in Kilgore
- Debt Relief in Kilgore
- Home Equity Loans in Kilgore
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
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