Lancaster County, NE real estate

What the numbers say

Lancaster County, NE real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

In September 2026, the median home in Lancaster County listed for $389,950, down 2.5% from a year earlier. That is 16% above the Nebraska median of $335,000.

Homes spent a median of 38 days on the market, faster than 40 days a year ago. That makes Lancaster County the #2 fastest-selling of 5 Nebraska counties we track.

Homeowners in Lancaster County pay a median of $4,204 a year in property taxes on a median home value of $275,200, an effective rate of about 1.53%. The Nebraska average is 1.49%, which makes Lancaster County the #87 lowest-tax of 93 counties in the state with published tax data.

Renters pay a median of $1,085 a month, and $1,101 for a two-bedroom. At today's prices a typical home costs about 30 times a year's rent, which generally favors renting over buying in the short term.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $390,000 home here comes to about $2,785 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $119,000 a year (the median household here earns $74,793).