The story of this market
The typical home in ZIP 68502 sells for about $220,500, or $162 per square foot.
Prices are up +3.1% from a year ago, so sellers still have some momentum. Homes take about 12 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 68502 — Lincoln
The 68502 housing market remains competitive with low inventory and steady demand, particularly for well-priced homes. While median prices have seen modest year-over-year growth, the market is balanced by a consistent supply of transactions. Note that specific figures for price cuts and tax history were not available at the ZIP level and are omitted.
This ZIP is well-suited for first-time homebuyers, university-affiliated employees, and renters seeking proximity to the urban core and historic neighborhoods.
Median prices moved up 3.1% year over year.
Homes spend a median of 12 days on market with 3.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.6% · poverty 13.3% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 68502, Lancaster County NE
The area is served by Lincoln Public Schools, which generally maintains a stable reputation within the regional educational landscape.
The area benefits from its proximity to the University of Nebraska-Lincoln and the downtown employment core, supporting steady demand for housing.
Property taxes are assessed by Lancaster County based on market value; specific rates vary by local school district and municipal levies.
Residents enjoy excellent access to downtown Lincoln and the University of Nebraska campus via major arterial roads and local transit corridors.
The ZIP features numerous local parks, proximity to the Sunken Gardens, and easy access to the Billy Wolff Trail system.
The rental market is characterized by steady demand driven by university students and young professionals, with moderate vacancy pressure.
The economy is anchored by the University of Nebraska-Lincoln, state government operations, and a growing healthcare sector.
The area is well-served by StarTran bus routes and provides easy access to major highways including I-180 and US-77.
Ongoing urban infill and revitalization projects are common in the older neighborhoods within this ZIP.
The Lancaster County Assessor maintains property valuations based on annual market analysis and state-mandated assessment cycles.
Parcels are subject to Lincoln Public Schools district taxes and various municipal service levies.
Property insurance premiums in this region are influenced by standard Midwestern weather risks, including wind and hail exposure.
Data retrieved from Census Reporter and ACS 2024 profiles.
- Urban Air Trampoline and Adventure Park4.14.1 mi
- Lost In Fun!4.54.3 mi
- Round1 Bowling & Arcade - Lincoln3.93.9 mi
- Star City Shores4.31.9 mi
- Escape Lincoln4.81.7 mi
- Memorial Stadium4.82.2 mi
- Pinnacle Bank Arena4.62 mi
- Roca Berry Farm4.59.8 mi
- Sandhills Global Event Center4.36.8 mi
- Lied Center for Performing Arts4.81.9 mi
- Nebraska State Capitol4.71.3 mi
- Lincoln Children's Zoo4.71.3 mi
- Marcus Lincoln Grand Cinema4.51.7 mi
- Sun Valley Lanes & Games4.62.3 mi
- SouthPointe Pavilions4.43.5 mi
- Nebraska Wesleyan University4.74.3 mi
- Museum of American Speed4.92.4 mi
- Lincoln Children's Museum4.71.8 mi
- International Quilt Museum4.73.1 mi
- University of Nebraska State Museum - Morrill Hall4.72.1 mi
- Sunken Gardens4.81.3 mi
- Pioneers Park4.73.2 mi
- Pioneers Park Nature Center4.74.1 mi
- Wilderness Park4.62.1 mi
- Holmes Lake Park4.73.7 mi
- Branched Oak Marina4.515.4 mi
- The Lodge Restaurant at Wilderness Ridge4.44.7 mi
- Highlands Golf Course4.45.6 mi
- Pioneers Golf Course4.53.7 mi
- Mahoney Golf Course4.35.9 mi
- Hidden Valley Golf Course4.27.5 mi
- Gateway Mall4.23.8 mi
- Marshalls & HomeGoods4.44.7 mi
- Hy-Vee Grocery Store4.43.1 mi
- Hy-Vee Grocery Store4.43.2 mi
- T.J. Maxx4.23.3 mi
- Lincoln Airport4.25.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A historic and highly-rated botanical garden located within the ZIP.
A major recreational trail providing connectivity across the city.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.