The story of this market
The typical home in ZIP 68438 sells for about $189,300, or $118 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,607 a month.
ZIP 68438 — Sprague
The housing market in ZIP 68438 is a low-volume, owner-dominated rural enclave with very limited inventory. Market activity is stable but constrained by the small population size, resulting in minimal turnover and a lack of significant rental market depth.
This ZIP is primarily suited for long-term owner-occupant residents who value a rural, low-density environment, as the market is heavily dominated by homeownership and lacks significant rental infrastructure.
Median prices moved up 2.1% year over year.
Homes spend a median of 45 days on market with 5.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 9.1% · poverty 19.3% — a mixed stability profile.
ZCTA 68438, Lancaster County NE
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Nebraska) — Nebraska Homestead Exemption: 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. State (Nebraska) — Nebraska Real Property Tax Assessment: 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.
The rental market in this ZIP is characterized by a very thin sample size and scarce inventory, leading to high volatility in reported median gross rent figures.
The area is primarily rural with economic activity tied to the broader Lincoln metropolitan labor market.
Data retrieved via ZipNumbers and Census ZCTA profiles.
- Urban Air Trampoline and Adventure Park4.112.5 mi
- Lost In Fun!4.57.4 mi
- Round1 Bowling & Arcade - Lincoln3.914.3 mi
- Star City Shores4.310.4 mi
- Escape Lincoln4.813 mi
- Memorial Stadium4.813.6 mi
- Pinnacle Bank Arena4.613.3 mi
- Roca Berry Farm4.54.2 mi
- Sandhills Global Event Center4.317.4 mi
- Lied Center for Performing Arts4.813.3 mi
- Lincoln Children's Zoo4.712.4 mi
- Nebraska State Capitol4.712.7 mi
- SouthPointe Pavilions4.48.7 mi
- Pioneers Park Nature Center4.710.3 mi
- Urban Air Trampoline and Adventure Park4.112.5 mi
- Nebraska Wesleyan University4.715.5 mi
- Museum of American Speed4.913.3 mi
- Lincoln Children's Museum4.713.2 mi
- International Quilt Museum4.714.4 mi
- University of Nebraska State Museum - Morrill Hall4.713.5 mi
- Sunken Gardens4.812.6 mi
- Pioneers Park4.710.5 mi
- Pioneers Park Nature Center4.710.3 mi
- Wilderness Park4.69.5 mi
- Holmes Lake Park4.711.9 mi
- The Lodge Restaurant at Wilderness Ridge4.47.1 mi
- Pioneers Golf Course4.510.8 mi
- Hidden Valley Golf Course4.211.8 mi
- Holmes Lake Park Golf Course4.211.9 mi
- NuMark Golf Course3.712.3 mi
- Marshalls & HomeGoods4.47.6 mi
- Hy-Vee Grocery Store4.49.6 mi
- SouthPointe Pavilions4.48.7 mi
- Hy-Vee Grocery Store4.411.7 mi
- Kohl's4.37.5 mi
- Lincoln Airport4.215.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.