The story of this market
The typical home in Lancaster County, Nebraska sells for about $324,000, or $164 per square foot.
Prices are up +1.2% from a year ago, so sellers still have some momentum. Homes take about 39 days to sell. Over the long run, values in this county have grown 130% since 2000. Last year 51 of 69 neighborhoods saw prices rise, so the story isn't the same street to street. The biggest natural hazard here is strong wind, which FEMA rates relatively high. HUD's fair market rent for a two-bedroom is $1,230 a month.
HUD sets the fair market rent for a 2-bedroom at $1,230 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Low.
Price climate
Every year of price change, 2000–2025
+2.2%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+13.9%). Worst: 2009 (-1.7%). Hover to read a year.
Monthly price momentum
Home values since 2015
+3.2%
NE · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,703
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+2.2%
2025 change
FHFA repeat-sales index, median of 69 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
37
Relatively Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $115,357,665.
Mortgage activity
Home lending in this county
87.1%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 14354 | 8520 | 87.1% | 11.3% | $175,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Lancaster County, Nebraska
Lancaster County's residential real estate market remains characterized by steady equity gains and resilient underlying demand, supported by the stable institutional employment base of Lincoln. While inventory and median days on market have normalized modestly from pandemic peaks, tight months of supply keep upward pressure on mid-tier pricing. Buyers face elevated interest rates and climbing property tax burdens, leading to cautious but sustained transactional velocity.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 13 cities · 32 ZIP reports
Median prices moved down 0.6% year over year.
Homes spend a median of 39 days on market with 0.4 months of supply — a fast-moving market.
1% of listings have cut prices · homes sell at 51.91% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.5% · poverty 12.3% — a stable, low-distress profile.
Owned and leased federal assets with active or excess status, per the General Services Administration's Real Estate Across the United States inventory (read 2026-09-25). A federal footprint read on this county — not a market valuation, and never an attribute of any individual property or tenant.
Deterministic aggregate of 30 researched ZIP reports of 32 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Lancaster County, Nebraska — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Each property observation weighs one in its ZIP's deterministic roll-up — property-level records (taxes, scores, permits) never roll individually. Latest property research run Sep 20, 2026.
researched Sep 28
researched Sep 28
researched Sep 28
researched Sep 28
researched Sep 28
researched Sep 28
researched Sep 28
researched Sep 28
researched Sep 28
researched Sep 26
| 68304 | Alvo | $296,000 | $179 | +5.8% | 14 | 100% | 29.2% | 2.1 | 2,231 | $543 | researched Sep 28 |
| 68317 | Bennet | $445,000 | $165 | +3.2% | 42 | 98.5% | 15% | 3.5 | 12 | $1,163 | researched Sep 28 |
| 68336 | Davey | $324,500 | $181 | +7.6% | 40 | — | — | — | 2,118 | $1,299 | researched Sep 28 |
| 68339 | Cordova | $630,000 | $269 | — | 63 | 98% | — | — | 5 | $1,055 | researched Sep 28 |
| 68347 | Endicott | $359,000 | $159 | +5.8% | 22 | 98.5% | 27% | — | — | $1,115 | researched Sep 28 |
| 68358 | Firth | $623,624 | $257 | — | — | — | — | — | — | $1,072 | researched Sep 28 |
| 68368 | Hallam | $350,000 | $185 | +2.1% | 42 | 98.5% | 8.3% | 4 | 12 | $988 | researched Sep 28 |
| 68372 | Hickman | $336,300 | $155 | +4.2% | 45 | 98.5% | 12% | 3.5 | 28 | $1,309 | researched Sep 28 |
| 68402 | Malcolm | $147,225 | $94 | -15.9% | 53 | 98.5% | 14% | 2.6 | 36 | $915 | researched Sep 28 |
| 68419 | Panama | $245,407 | $182 | +3.4% | 39 | 98.5% | 11% | 4 | 937 | $1,313 | researched Sep 26 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Lancaster County experiences violent crime rates moderately below the national baseline, though property crimes center primarily around higher-density commercial corridors and collegiate hubs in Lincoln.
Public education is anchored by Lincoln Public Schools alongside several well-regarded rural consolidated districts like Waverly and Norris, generally showing strong academic proficiency and graduation metrics.
The primary climate hazards include severe convective storms, hail, occasional tornadic activity, and flash flooding in low-lying riparian creek basins, leading to elevated homeowner insurance rates across eastern Nebraska.
Momentum is supported by stable anchor employers including the State of Nebraska government, the University of Nebraska-Lincoln, Bryan Health, and steady commercial and residential expansion along the South Beltway corridor.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. Federal (United States (federal)) — Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) Superfund Liens: Establishes a statutory federal lien upon the parcel running in favor of the United States for all unrecovered cleanup costs, damages, and statutory interest incurred by the EPA. Rate and formula: Direct Dollar-for-Dollar Reimbursement (Lien Amount = Incurred Response Costs + Administrative Costs + Federal (United States (federal)) — Foreign Investment in Real Property Tax Act (FIRPTA) Withholding: Imposes an affirmative withholding tax obligation on the transferee (buyer) to withhold and remit tax on the gross amount realized (gross sales price). The statutory base withholding rate is 15% of the total purchase price (Formula: Tax = Amount Realized × 15%). Exemptions and reductions: (1) 0% wit Federal (United States (federal)) — Federal General Tax Lien Encumbrance: Under IRC § 6321, a statutory lien arises automatically as of the date of assessment and attaches to all real property owned or acquired by the taxpayer.
Anchored by public administration, higher education, healthcare, and financial services, Lancaster County maintains one of the lowest structural unemployment rates in the Midwest, led by the State of Nebraska and the University system.
Transportation centers on Interstate 80 running east-west across northern Lincoln, complemented by US Highway 77, the South Beltway bypass, and StarTran regional bus transit within the urban core.
The Lancaster County Assessor evaluates real property annually at 100 percent of fair market value using mass appraisal techniques, subject to county board of equalization appeals each June.
Property tax bills consolidate levies from Lancaster County, municipalities, school districts (principally LPS), the Lower Platte South Natural Resources District (NRD), and Southeast Community College.
Property insurance rates have climbed steadily across eastern Nebraska, driven by frequent wind and hail claims, severe spring convective storms, and secondary risk exposure along Salt Creek drainage basins.
- Urban Air Trampoline and Adventure Park4.14.9 mi
- Lost In Fun!4.58.5 mi
- Round1 Bowling & Arcade - Lincoln3.92.7 mi
- Star City Shores4.35.5 mi
- Escape Lincoln4.83.3 mi
- Memorial Stadium4.82.8 mi
- Pinnacle Bank Arena4.63.3 mi
- Strategic Air Command & Aerospace Museum4.821.5 mi
- Roca Berry Farm4.513.7 mi
- Sandhills Global Event Center4.33.2 mi
- Nebraska State Capitol4.73.3 mi
- Lincoln Children's Zoo4.73.4 mi
- Marcus Lincoln Grand Cinema4.53.1 mi
- Sun Valley Lanes & Games4.64 mi
- Branched Oak State Recreation Area4.614.5 mi
- Strategic Air Command & Aerospace Museum4.821.5 mi
- Nebraska Wesleyan University4.70.9 mi
- Museum of American Speed4.93.8 mi
- Lincoln Children's Museum4.72.9 mi
- International Quilt Museum4.71.4 mi
- Sunken Gardens4.83.3 mi
- Branched Oak State Recreation Area4.614.5 mi
- Pioneers Park4.76.9 mi
- Pioneers Park Nature Center4.77.8 mi
- Wilderness Park4.66.5 mi
- Woodland Hills Golf Course4.514.5 mi
- The Lodge Restaurant at Wilderness Ridge4.48.8 mi
- Highlands Golf Course4.44.2 mi
- Pioneers Golf Course4.57.2 mi
- Mahoney Golf Course4.32.6 mi
- Gateway Mall4.22.6 mi
- Marshalls & HomeGoods4.48.5 mi
- Hy-Vee Grocery Store4.46.6 mi
- Hy-Vee Grocery Store4.42.3 mi
- T.J. Maxx4.22.1 mi
- Lincoln Airport4.25 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
A 668-acre regional wildlife sanctuary and park featuring native tallgrass prairie, woodland trails, and raptor exhibits.
Iconic home venue for Nebraska Cornhuskers football, seating over 85,000 spectators and serving as a regional cultural hub.
Nationally recognized public botanical garden in Lincoln featuring thousands of annuals and themed floral displays.
Lincoln's largest park spanning over 1,400 acres with multi-use trails for hiking, biking, and equestrian use.
Retrieved from U.S. Census Bureau ACS 5-Year Estimates profile for Lancaster County, NE.
applies when — Applies to qualified claimants including certain veterans, individuals with disabilities, and low-income seniors based on income and property value thresholds.
Provides a reduction or exemption of property taxes on the primary residence (homestead) of qualified individuals. The specific exemption amount is determined by income brackets and disability status as defined in state statutes.
Neb. Rev. Stat. §§ 77-3501 to 77-3530.
Real property is assessed at or near 100% of actual value, except for agricultural and horticultural land, which is assessed at 75% of actual value. Agricultural land is assessed at 50% of actual value for school bond tax purposes. Taxes are calculated by applying local mill levies to the assessed value.
Nebraska Constitution Article VIII; Neb. Rev. Stat. § 77-1344; 2025 Property Assessment Division Annual Report.
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.