The story of this market
The typical home in ZIP 68503 sells for about $187,000, or $135 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 39 days to sell. HUD's fair market rent for a two-bedroom is $1,023 a month.
ZIP 68503 — Lincoln
The 68503 market shows steady demand driven by its affordability and proximity to the university. While median prices remain lower than the city average, the market is stable with consistent sales activity. Investors and first-time buyers remain the primary drivers of current transaction volume.
This ZIP is well-suited for students, young professionals, and investors seeking entry-level housing or rental opportunities near the city center.
Median prices moved up 2.5% year over year.
Homes spend a median of 39 days on market with 3.2 months of supply — a fast-moving market.
15% 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 5.4% · poverty 25.1% — a mixed stability 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 5.6%/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 5.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 68503, Lancaster County NE
Crime rates in the 68503 area are generally higher than the Lincoln city average, reflecting its urban core location.
Schools serving the area are part of Lincoln Public Schools, with performance ratings varying significantly by specific school site.
The area is subject to standard Midwestern weather risks, including severe thunderstorms and occasional tornado activity; flood risk is localized to specific low-lying areas.
Development momentum is driven by urban infill projects and proximity to the University of Nebraska-Lincoln and downtown employment hubs.
Property taxes are assessed by Lancaster County based on market value, with rates influenced by the Lincoln Public Schools district and municipal levies.
Residents enjoy excellent proximity to downtown Lincoln, with most commutes being short drives or accessible via local transit routes.
The area features access to several local parks, including proximity to the Antelope Park system and various neighborhood green spaces.
The rental market is highly active due to the proximity to the university, with consistent demand and moderate vacancy pressure.
The economy is anchored by the University of Nebraska-Lincoln, state government offices, and a growing healthcare sector.
The area is served by StarTran bus services and is well-connected to major arterial roads leading to the city center.
Development is focused on urban revitalization and increasing housing density near the university corridor.
Lancaster County Assessor maintains annual property valuations based on market sales data.
Parcels are subject to Lincoln Public Schools and Lancaster County tax levies.
Standard homeowners insurance is readily available, though premiums are influenced by regional severe weather risk profiles.
Data retrieved from US Census Bureau ZCTA profiles.
- Urban Air Trampoline and Adventure Park4.13.6 mi
- Lost In Fun!4.56.7 mi
- Round1 Bowling & Arcade - Lincoln3.91.8 mi
- Star City Shores4.33.7 mi
- Escape Lincoln4.82.2 mi
- Memorial Stadium4.81.9 mi
- Pinnacle Bank Arena4.62.3 mi
- Roca Berry Farm4.511.9 mi
- Sandhills Global Event Center4.34.1 mi
- Lied Center for Performing Arts4.81.9 mi
- Nebraska State Capitol4.71.9 mi
- Lincoln Children's Zoo4.71.6 mi
- Marcus Lincoln Grand Cinema4.51.9 mi
- Sun Valley Lanes & Games4.63.1 mi
- SouthPointe Pavilions4.45.5 mi
- Nebraska Wesleyan University4.71.5 mi
- Museum of American Speed4.93 mi
- Lincoln Children's Museum4.71.7 mi
- International Quilt Museum4.70.5 mi
- University of Nebraska State Museum - Morrill Hall4.71.7 mi
- Sunken Gardens4.81.5 mi
- Pioneers Park4.75.6 mi
- Pioneers Park Nature Center4.76.5 mi
- Wilderness Park4.64.9 mi
- Holmes Lake Park4.73.7 mi
- Branched Oak Marina4.514.6 mi
- Oak Lake4.52.6 mi
- Oak Lake4.52.6 mi
- The Lodge Restaurant at Wilderness Ridge4.47 mi
- Highlands Golf Course4.44.8 mi
- Pioneers Golf Course4.56 mi
- Mahoney Golf Course4.33.3 mi
- Hidden Valley Golf Course4.27.6 mi
- Gateway Mall4.21.8 mi
- Marshalls & HomeGoods4.46.8 mi
- Hy-Vee Grocery Store4.44.8 mi
- Hy-Vee Grocery Store4.41.1 mi
- T.J. Maxx4.20.9 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 major city park offering trails and recreational facilities.
Anchor institution providing cultural and economic activity.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.