The story of this market
The typical home in ZIP 68504 sells for about $224,000, or $182 per square foot.
Prices are up +5.5% from a year ago, so sellers still have some momentum. Homes take about 14 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,064 a month.
ZIP 68504 — Lincoln
The housing market in 68504 remains a seller's market, characterized by low inventory and steady price appreciation. While sales volume is modest, the high sale-to-list ratio indicates strong buyer demand for well-priced properties in this established Lincoln neighborhood.
This ZIP is well-suited for first-time homebuyers, families, and investors seeking value-oriented housing in a stable, established community with convenient access to city amenities.
Median prices moved up 5.5% year over year.
Homes spend a median of 14 days on market with 1.4 months of supply — a fast-moving market.
27% of listings have cut prices · homes sell at 98.9% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.3% · poverty 18.9% — 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 5.8%/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 6.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 68504, Lancaster County NE
Lincoln serves as a regional hub for government, education, and healthcare, with steady development momentum driven by the University of Nebraska and major local employers.
Property taxes in Lincoln are assessed by Lancaster County based on market value, with rates determined by local school district and municipal levies.
Residents in 68504 generally have a straightforward commute to downtown Lincoln and the University of Nebraska-Lincoln campus via major arterial roads.
The area features access to local parks and green spaces, with proximity to shopping and dining districts along the Havelock and 56th Street corridors.
The rental market remains competitive with steady demand, reflecting the city's broader trend of rising rents and low vacancy pressure.
The economy is anchored by the University of Nebraska-Lincoln, state government operations, and a growing healthcare sector.
Lincoln is served by a network of arterial roads and highways, with limited public transit options primarily focused on the city center.
Ongoing residential and commercial infill projects continue to shape the development landscape in the northern and eastern parts of the city.
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 the region are influenced by exposure to severe weather events, including wind and hail.
Data retrieved from data.census.gov for ZCTA 68504.
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 Park4.15.1 mi
- Lost In Fun!4.58.9 mi
- Round1 Bowling & Arcade - Lincoln3.92.8 mi
- Star City Shores4.35.9 mi
- Escape Lincoln4.83.8 mi
- Memorial Stadium4.83.3 mi
- Pinnacle Bank Arena4.63.7 mi
- Roca Berry Farm4.514 mi
- Sandhills Global Event Center4.32.9 mi
- Lied Center for Performing Arts4.83.5 mi
- Nebraska State Capitol4.73.8 mi
- Lincoln Children's Zoo4.73.8 mi
- Marcus Lincoln Grand Cinema4.53.6 mi
- Sun Valley Lanes & Games4.64.4 mi
- SouthPointe Pavilions4.47.7 mi
- Nebraska Wesleyan University4.71 mi
- Museum of American Speed4.94.2 mi
- Lincoln Children's Museum4.73.4 mi
- International Quilt Museum4.71.8 mi
- University of Nebraska State Museum - Morrill Hall4.73.2 mi
- Sunken Gardens4.83.7 mi
- Pioneers Park4.77.4 mi
- Pioneers Park Nature Center4.78.2 mi
- Wilderness Park4.67 mi
- Holmes Lake Park4.75.4 mi
- Branched Oak Marina4.513.5 mi
- The Lodge Restaurant at Wilderness Ridge4.49.2 mi
- Highlands Golf Course4.44.4 mi
- Pioneers Golf Course4.57.7 mi
- Mahoney Golf Course4.32.4 mi
- Hidden Valley Golf Course4.29 mi
- Gateway Mall4.22.8 mi
- Marshalls & HomeGoods4.48.9 mi
- Hy-Vee Grocery Store4.46.9 mi
- Hy-Vee Grocery Store4.42.6 mi
- T.J. Maxx4.22.4 mi
- Lincoln Airport4.25.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Historic commercial area with local shops and restaurants.
Provides local green space and recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.