Updated September 3, 2026. Quick answer: $120,000 in value, consisting of the dwelling house, its appurtenances, and up to 160 rural acres, or (at the claimant’s option) up to two contiguous city/village lots.
This is protection against an ordinary money judgment creditor under Nebraska Revised Statutes § 40-101, a different question from a property tax bill or exemption, which this page does not cover.
How it works in Nebraska
- Filing rule not addressed in the cited source. Confirm with a local attorney or your county recorder before relying on this being automatic.
- Married couples and joint owners: Not addressed in the statutory text of § 40-101 itself (only in non-binding case-law annotations printed alongside it).
Read it yourself
Verbatim from Nebraska Revised Statutes § 40-101: “Each natural person residing in this state shall have exempt from judgment liens and from execution or forced sale, except as provided in sections 40-101 to 40-116, a homestead not exceeding one hundred twenty thousand dollars in value consisting of the dwelling house in which the claimant resides, its appurtenances, and the land on which the same is situated, not exceeding one hundred and sixty acres of land, to be selected by the owner, and not in any incorporated city or village, or, at the option of the claimant, a quantity of contiguous land not exceeding two lots within any incorporated city or village.” Read the full official text before relying on any figure here. Exemption law is fact-specific, and this is a source-backed planning guide, not individualized legal advice.