The story of this market
The typical home in ZIP 69022 sells for about $145,000, or $98 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 82 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 69022 — Cambridge
The housing market in 69022 is characterized by low inventory and stable, modest price growth consistent with rural Nebraska trends. Demand remains steady among local buyers, though limited sales volume reflects the small population base. No major new developments are currently impacting the market, which remains driven by local economic stability.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle, affordable housing, and a strong sense of community in a small-town setting.
Median prices moved up 2.4% year over year.
Homes spend a median of 82 days on market with 6.2 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 9.5% — 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 3.7%/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 4.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 69022, Furnas County NE
Crime rates in Cambridge are significantly lower than the national average, with the area characterized by a small-town, low-risk environment typical of rural Nebraska.
The area is served by Cambridge Public Schools, which maintains a stable reputation for small-class sizes and community-focused educational outcomes.
The region faces moderate risks from severe thunderstorms and occasional high winds, with standard flood-plain management in place near the Republican River.
Economic momentum is driven primarily by regional agriculture and local service-sector businesses, with limited large-scale industrial development.
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.
Commuting is primarily by private vehicle, with most residents working within the local Cambridge area or commuting to nearby agricultural hubs via US-6 and US-34.
Local amenities include Medicine Creek State Recreation Area nearby, local city parks, and community-focused sports facilities.
The rental market is characterized by low inventory and stable demand, with limited turnover and minimal presence of institutional or short-term rental investors.
The economy is anchored by the agricultural sector, including crop production and livestock, supported by local retail and essential services.
Transportation is heavily reliant on personal vehicles, with US Highway 6 and US Highway 34 serving as the primary transit corridors.
Development is focused on maintaining existing infrastructure and small-scale community improvements rather than large-scale commercial expansion.
The Furnas County Assessor manages property valuations, adhering to Nebraska state statutes for agricultural and residential assessment cycles.
Parcels are subject to local school district taxes, county levies, and regional natural resource district assessments.
Property insurance remains available, though premiums are influenced by regional exposure to severe weather events common in the Great Plains.
Nebraska experiences modest net domestic migration, with rural areas like Furnas County seeing stable or slightly declining population trends.
Nebraska is a non-judicial foreclosure state, with a defined process involving notice of default and trustee sales.
Sellers are required to provide a property condition disclosure statement to buyers, covering known material defects.
Data retrieved from US Census Bureau ACS 5-year estimates for ZCTA 69022.
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.
Major regional destination for fishing, boating, and camping located near Cambridge.
Central community space for local events and recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.