The story of this market
The typical home in ZIP 68523 sells for about $513,449, or $203 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,850 a month.
ZIP 68523 — Lincoln
The 68523 housing market remains stable with high demand for single-family homes, reflected in a median price of $513,449. Low inventory and consistent buyer interest continue to support price growth, though the pace has moderated compared to previous years. Market conditions are driven by the area's appeal to families and professionals seeking suburban living near Lincoln.
This ZIP is ideal for family buyers and professionals seeking newer construction and larger lot sizes while maintaining a reasonable commute to Lincoln's primary employment centers.
Median prices moved up 2.1% year over year.
Homes spend a median of 42 days on market with 4.8 months of supply — a fast-moving market.
18% 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 3.2% · poverty 2.6% — 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 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 5.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 68523, Lancaster County NE
The area generally experiences low crime rates consistent with suburban residential development in the Lincoln periphery, though specific localized trends are not determinable.
Schools serving this ZIP are part of the Lincoln Public Schools district, which maintains a stable reputation for academic performance and extracurricular programming.
The area is subject to standard Midwestern climate risks, including severe thunderstorms and occasional tornado activity; flood risk is generally low but varies by specific parcel location.
Development momentum is driven by residential expansion on the western edge of Lincoln, with proximity to major employment hubs in the city and regional infrastructure improvements.
Property taxes are assessed by Lancaster County based on market value; the rate includes levies for the city, county, and Lincoln Public Schools, with no specific special district surcharges noted for this ZIP.
Residents primarily rely on personal vehicles for commuting, with access to major arterial roads providing a 15-20 minute drive to downtown Lincoln's employment core.
The area features access to local neighborhood parks and is within a short drive of larger regional greenbelts and recreational facilities in western Lincoln.
The rental market is characterized by low vacancy pressure and a limited supply of single-family rentals, with rents trending upward in line with the broader Lincoln market.
The economy is anchored by the state government, the University of Nebraska-Lincoln, and a growing healthcare and insurance sector in the greater Lincoln area.
Transportation is dominated by private vehicle use; public transit options are limited in this suburban fringe, though major highway corridors provide connectivity.
Development is focused on residential expansion and supporting infrastructure, with no major commercial mega-projects currently reported within the ZIP boundaries.
The Lancaster County Assessor manages property valuations, utilizing annual market-based adjustments to determine taxable value.
Parcels are served by the Lincoln Public Schools district and standard municipal utility and emergency service districts.
Property insurance premiums are influenced by regional weather patterns, including hail and wind risk, which are common in the Nebraska plains.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Urban Air Trampoline and Adventure Park4.18 mi
- Lost In Fun!4.53.3 mi
- Round1 Bowling & Arcade - Lincoln3.98.8 mi
- Star City Shores4.35 mi
- Escape Lincoln4.86.3 mi
- Memorial Stadium4.86.8 mi
- Pinnacle Bank Arena4.66.5 mi
- Roca Berry Farm4.57.3 mi
- Sandhills Global Event Center4.311.8 mi
- Lied Center for Performing Arts4.86.6 mi
- Nebraska State Capitol4.76.2 mi
- Lincoln Children's Zoo4.76.3 mi
- Marcus Lincoln Grand Cinema4.56.5 mi
- Sun Valley Lanes & Games4.66.1 mi
- SouthPointe Pavilions4.44.3 mi
- Nebraska Wesleyan University4.79.4 mi
- Museum of American Speed4.96.3 mi
- Lincoln Children's Museum4.76.6 mi
- International Quilt Museum4.78.1 mi
- University of Nebraska State Museum - Morrill Hall4.76.9 mi
- Sunken Gardens4.86.4 mi
- Pioneers Park4.73.3 mi
- Pioneers Park Nature Center4.73.1 mi
- Wilderness Park4.63 mi
- Holmes Lake Park4.77.3 mi
- Branched Oak Marina4.517.9 mi
- The Lodge Restaurant at Wilderness Ridge4.43.6 mi
- Highlands Golf Course4.49.4 mi
- Pioneers Golf Course4.53.6 mi
- Mahoney Golf Course4.310.9 mi
- Hidden Valley Golf Course4.29.7 mi
- Gateway Mall4.28.7 mi
- Marshalls & HomeGoods4.44.3 mi
- Hy-Vee Grocery Store4.45.1 mi
- Hy-Vee Grocery Store4.48.2 mi
- T.J. Maxx4.28.3 mi
- Lincoln Airport4.28.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large regional park offering extensive hiking and biking trails near the ZIP.
Local community park serving the residential neighborhoods.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.