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Buying a home in Hyannis, Nebraska

The typical owner-occupied home in Hyannis is worth about $79,400, 67% below the Nebraska median of $238,600 and 76% below the national median of $332,700. Owners pay a median $693 a year in property taxes, about 0.87% of their home's value, lower than the Nebraska rate of 1.49%. 61% of occupied homes here are lived in by their owners, and 22% of those owners still have a mortgage.

Hyannis at a glance

Hyannis Nebraska U.S.
Median home value $79,400 $238,600 $332,700
Median property tax paid per year $693 $3,549 $3,119
Property tax as a share of value 0.87% 1.49% 0.94%
Median household income – $76,475 $80,734
Homes lived in by their owners 61% 67% 65%
Owner homes with a mortgage 22% 58% 61%
Median monthly costs, owners with a mortgage $964 $1,736 $1,963
Those costs as a share of the owners' income 16.1% 19.5% 21.0%
Median rent $790 $1,072 $1,413
Rent as a share of renters' income 31.0% 27.9% 30.6%
Median year homes were built 1955 1975 1980
Vacant homes 31.7% 7.6% 10.1%
Population 145 1,978,707 334,922,499

What a typical home costs per month in Hyannis

At this week's average 30-year rate of 7.11%, buying the median Hyannis home of $79,400 with 20% down costs about $518 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $650, 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 $22,198 for the 20%-down payment.

The median rent here is $790 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$15,880
Loan amount$63,520
Principal and interest$427
Property taxes (0.87% a year)$58
Homeowners insurance (our estimate, 0.5% a year)$33
PMI$0
Total per month$518

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3.5% down, 30-year FHA loan
Down payment$2,779
Loan amount$77,962
Principal and interest$524
Property taxes (0.87% a year)$58
Homeowners insurance (our estimate, 0.5% a year)$33
FHA mortgage insurance$35
Total per month$650

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Questions about home buying in Hyannis

What is the median home value in Hyannis?

About $79,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Hyannis?

Homeowners pay a median $693 a year, which is about 0.87% 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 Hyannis?

For the median home with 20% down at 7.11%, the payment is about $518 a month. Keeping that under 28% of gross income takes about $22,198 a year.

More about Hyannis

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