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Buying a home in Dunbar, Nebraska

The typical owner-occupied home in Dunbar is worth about $68,100, 71% below the Nebraska median of $238,600 and 80% below the national median of $332,700. Owners pay a median $1,108 a year in property taxes, about 1.63% of their home's value, higher than the Nebraska rate of 1.49%. The median household earns $90,795 a year, so the median home costs 0.8 times the median income (3.1 times for Nebraska). 89% of occupied homes here are lived in by their owners, and 64% of those owners still have a mortgage.

Dunbar at a glance

Dunbar Nebraska U.S.
Median home value $68,100 $238,600 $332,700
Median property tax paid per year $1,108 $3,549 $3,119
Property tax as a share of value 1.63% 1.49% 0.94%
Median household income $90,795 $76,475 $80,734
Homes lived in by their owners 89% 67% 65%
Owner homes with a mortgage 64% 58% 61%
Median monthly costs, owners with a mortgage $1,280 $1,736 $1,963
Those costs as a share of the owners' income 13.3% 19.5% 21.0%
Median rent – $1,072 $1,413
Median year homes were built 1938 1975 1980
Vacant homes 0.0% 7.6% 10.1%
Population 266 1,978,707 334,922,499

What a typical home costs per month in Dunbar

At this week's average 30-year rate of 7.11%, buying the median Dunbar home of $68,100 with 20% down costs about $487 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $601, 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 $20,887 for the 20%-down payment. That payment is 6% of the median Dunbar household income of $90,795; at that income and 20% down, the 28% guideline points to a home of about $296,000.

20% down, 30-year conventional loan
Down payment$13,620
Loan amount$54,480
Principal and interest$366
Property taxes (1.63% a year)$92
Homeowners insurance (our estimate, 0.5% a year)$28
PMI$0
Total per month$487

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3.5% down, 30-year FHA loan
Down payment$2,384
Loan amount$66,867
Principal and interest$450
Property taxes (1.63% a year)$92
Homeowners insurance (our estimate, 0.5% a year)$28
FHA mortgage insurance$30
Total per month$601

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Questions about home buying in Dunbar

What is the median home value in Dunbar?

About $68,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Dunbar?

Homeowners pay a median $1,108 a year, which is about 1.63% 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 Dunbar?

For the median home with 20% down at 7.11%, the payment is about $487 a month. Keeping that under 28% of gross income takes about $20,887 a year.

More about Dunbar

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