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Buying a home in Comstock, Nebraska

The typical owner-occupied home in Comstock is worth about $80,800, 66% below the Nebraska median of $238,600 and 76% below the national median of $332,700. Owners pay a median $675 a year in property taxes, about 0.84% of their home's value, lower than the Nebraska rate of 1.49%. The median household earns $47,500 a year, so the median home costs 1.7 times the median income (3.1 times for Nebraska). 83% of occupied homes here are lived in by their owners, and 15% of those owners still have a mortgage.

Comstock at a glance

Comstock Nebraska U.S.
Median home value $80,800 $238,600 $332,700
Median property tax paid per year $675 $3,549 $3,119
Property tax as a share of value 0.84% 1.49% 0.94%
Median household income $47,500 $76,475 $80,734
Homes lived in by their owners 83% 67% 65%
Owner homes with a mortgage 15% 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 32.4% 7.6% 10.1%
Population 80 1,978,707 334,922,499

What a typical home costs per month in Comstock

At this week's average 30-year rate of 7.11%, buying the median Comstock home of $80,800 with 20% down costs about $525 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $660, 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 $22,503 for the 20%-down payment. That payment is 13% of the median Comstock household income of $47,500; at that income and 20% down, the 28% guideline points to a home of about $171,000.

20% down, 30-year conventional loan
Down payment$16,160
Loan amount$64,640
Principal and interest$435
Property taxes (0.84% a year)$57
Homeowners insurance (our estimate, 0.5% a year)$34
PMI$0
Total per month$525

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3.5% down, 30-year FHA loan
Down payment$2,828
Loan amount$79,337
Principal and interest$534
Property taxes (0.84% a year)$57
Homeowners insurance (our estimate, 0.5% a year)$34
FHA mortgage insurance$36
Total per month$660

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Questions about home buying in Comstock

What is the median home value in Comstock?

About $80,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Comstock?

Homeowners pay a median $675 a year, which is about 0.84% 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 Comstock?

For the median home with 20% down at 7.11%, the payment is about $525 a month. Keeping that under 28% of gross income takes about $22,503 a year.

More about Comstock

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