The story of this market
The typical home in ZIP 68949 sells for about $218,000, or $115 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $810 a month.
ZIP 68949 — Holdrege
The Holdrege housing market remains stable with modest price appreciation and low inventory levels. Current conditions favor disciplined buyers, as the market reflects a balance between limited supply and steady local demand. No significant new development pipeline was identified for this ZIP.
This ZIP is best suited for local families and workforce buyers seeking affordable entry-level housing in a stable, small-town environment.
Median prices moved up 2.4% year over year.
Homes spend a median of 62 days on market with 5.1 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.5% · poverty 14.2% — 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 5.5%/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 5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 68949, Phelps County NE
Holdrege Public Schools serve the area with generally stable performance ratings within the regional context.
The area faces standard Midwestern climate risks including severe thunderstorms and occasional wind events; flood risk is localized.
Economic momentum is driven by local agricultural support services and regional healthcare facilities in Phelps County.
Property taxes are assessed at the county level based on market value; Nebraska utilizes a property tax credit program to offset school district levies.
Commutes are primarily local within Holdrege, with limited transit options requiring personal vehicle use for regional travel.
The area features local parks, community sports facilities, and proximity to regional lakes for outdoor recreation.
The rental market is characterized by steady demand from local workforce and limited new multi-family inventory.
The economy is anchored by agriculture, manufacturing, and healthcare services serving the broader Phelps County region.
Transportation relies on highway corridors including US-6 and US-183; no public transit infrastructure exists.
Development is focused on small-scale residential infill and maintenance of existing commercial infrastructure.
The Phelps County Assessor manages property valuations based on annual market analysis and state-mandated assessment cycles.
Parcels are subject to Holdrege Public Schools and Phelps County administrative levies.
Property insurance premiums are influenced by regional severe weather exposure, consistent with broader Nebraska trends.
Nebraska is a non-judicial foreclosure state with specific notice and cure periods for residential mortgages.
Sellers are required to provide a written disclosure statement regarding the condition of the property.
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.
- Nebraska Prairie Museum4.81.9 mi
- Gutterz Fun Center4.30.1 mi
- Holdrege Sun Theater and Event Venue4.71 mi
- Nebraska Prairie Museum4.81.9 mi
- North Park Lake4.71.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Central community green space with recreational facilities.
Hosts regional agricultural and community events.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.