The story of this market
The typical home in ZIP 68428 sells for about $596,000, or $218 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $859 a month.
ZIP 68428 — Raymond
The housing market in 68428 is characterized by high price-to-rent ratios and limited inventory, creating a challenging environment for investors. While price growth remains positive, the market is cooling compared to previous years, with buyers showing increased price sensitivity. The area remains a niche market for those seeking rural living within commuting distance of Lincoln.
This ZIP is best suited for family buyers seeking rural-style living with proximity to Lincoln, as well as outdoor enthusiasts who value access to state recreation areas.
Median prices moved up 2.1% year over year.
Homes spend a median of 48 days on market with 4.2 months of supply — a fast-moving market.
14% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 5.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 68428, Nebraska
Schools serving the area are primarily managed by the Raymond Central Public Schools district, which maintains a rural-focused educational environment.
The area is subject to standard Midwestern weather risks, including severe thunderstorms and occasional tornado activity; flood risk is localized to specific drainage basins.
Economic momentum is driven by proximity to the Lincoln employment core, with development primarily characterized by low-density residential expansion and agricultural support services.
Property taxes are assessed at the county level in Lancaster and Seward counties, with rates determined by local school district levies and municipal requirements.
Residents primarily commute via US-77 or local county roads to reach the Lincoln employment core, with typical drive times ranging from 20 to 30 minutes.
The area features proximity to Branched Oak State Recreation Area, offering extensive opportunities for boating, fishing, camping, and hiking.
The rental market is characterized by low inventory and high price-to-rent ratios, making it challenging for investors to achieve immediate cash flow.
The economy is largely tied to the Lincoln metropolitan area, with a mix of agricultural, professional, and administrative services.
Transportation is heavily reliant on private vehicle use, with US-77 serving as the primary arterial corridor for regional access.
Development is primarily focused on low-density residential infill and rural residential expansion.
Parcels are subject to local school district levies and county-level property tax assessments.
Property insurance premiums are influenced by regional exposure to severe weather events, including hail and wind damage.
Data retrieved from ZCTA-level ACS tables.
- Urban Air Trampoline and Adventure Park4.116.8 mi
- Lost In Fun!4.518.5 mi
- Round1 Bowling & Arcade - Lincoln3.914.7 mi
- Star City Shores4.316.2 mi
- Escape Lincoln4.812.7 mi
- Memorial Stadium4.812.3 mi
- Pinnacle Bank Arena4.612.3 mi
- Sandhills Global Event Center4.314 mi
- Lied Center for Performing Arts4.812.6 mi
- The Green Gateau4.512.9 mi
- Marcus Lincoln Grand Cinema4.512.7 mi
- Branched Oak State Recreation Area4.63.6 mi
- Sun Valley Lanes & Games4.612.1 mi
- Museum of American Speed4.912 mi
- International Quilt Museum4.712.7 mi
- Nebraska Wesleyan University4.712.9 mi
- Museum of American Speed4.912 mi
- Lincoln Children's Museum4.712.8 mi
- International Quilt Museum4.712.7 mi
- University of Nebraska State Museum - Morrill Hall4.712.5 mi
- Branched Oak State Recreation Area4.63.6 mi
- Pawnee State Recreation Area4.59.4 mi
- Trago Park4.512.8 mi
- Bowling Lake Park4.37.9 mi
- Roper East Dog Run4.411 mi
- Branched Oak Marina4.52.2 mi
- Highlands Golf Course4.48.7 mi
- Hy-Vee Grocery Store4.410.8 mi
- Russ’s Market At Coddington & West A – Lincoln4.313 mi
- Sid Dillon CDJR FIAT® of Lincoln4.79.7 mi
- Russ's Market At Havelock4.212.6 mi
- Kelly's Produce4.712.7 mi
- Lincoln Airport4.29.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional destination for boating, fishing, and outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.