# Nebraska — Homestead exemption amounts by state For Nebraska, homestead exemption is a homestead not exceeding one hundred twenty thousand dollars in value; area limit is not exceeding one hundred and sixty acres of land; statute is 40-101, verified against its source on 2026-08-29. - **State:** Nebraska _(our reading, not quoted from the source)_ - **Homestead exemption:** a homestead not exceeding one hundred twenty thousand dollars in value _(verified: appears in the quote below)_ - **Area limit:** not exceeding one hundred and sixty acres of land _(verified: appears in the quote below)_ - **Statute:** 40-101 _(verified: appears in the quote below)_ ## What the source says > 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 ex ## Source - https://nebraskalegislature.gov/laws/statutes.php?statute=40-101 Last verified: 2026-08-29. Review by: 2027-02-25. Part of [Homestead exemption amounts by state](https://referencesource.org/state-homestead-exemption-amounts/).