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Buying a home in Hendley, Nebraska

The typical owner-occupied home in Hendley is worth about $65,000, 73% below the Nebraska median of $238,600 and 80% below the national median of $332,700. 100% of occupied homes here are lived in by their owners, and 45% of those owners still have a mortgage.

Hendley at a glance

Hendley Nebraska U.S.
Median home value $65,000 $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 100% 67% 65%
Owner homes with a mortgage 45% 58% 61%
Median monthly costs, owners with a mortgage $750 $1,736 $1,963
Median rent – $1,072 $1,413
Median year homes were built 1938 1975 1980
Vacant homes 21.4% 7.6% 10.1%
Population 21 1,978,707 334,922,499

What a typical home costs per month in Hendley

At this week's average 30-year rate of 7.11%, buying the median Hendley home of $65,000 with 20% down costs about $436 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $545, 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 $18,706 for the 20%-down payment.

20% down, 30-year conventional loan
Down payment$13,000
Loan amount$52,000
Principal and interest$350
Property taxes (1.10% a year)$60
Homeowners insurance (our estimate, 0.5% a year)$27
PMI$0
Total per month$436

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3.5% down, 30-year FHA loan
Down payment$2,275
Loan amount$63,823
Principal and interest$429
Property taxes (1.10% a year)$60
Homeowners insurance (our estimate, 0.5% a year)$27
FHA mortgage insurance$29
Total per month$545

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Questions about home buying in Hendley

What is the median home value in Hendley?

About $65,000 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 Hendley?

For the median home with 20% down at 7.11%, the payment is about $436 a month. Keeping that under 28% of gross income takes about $18,706 a year.

More about Hendley

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