The story of this market
The typical home in ZIP 69040 sells for about $239,500, or $118 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 142 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $775 a month.
ZIP 69040 — Palisade
The market in 69040 is characterized by very low inventory and minimal transaction volume, typical of a remote rural area. Prices have seen modest appreciation, driven by limited supply rather than high demand. The market remains stable with little speculative activity.
This ZIP is primarily suited for rural-lifestyle seekers, agricultural investors, and those looking for affordable, low-density housing in a small-town setting.
Median prices moved up 2.1% year over year.
Homes spend a median of 142 days on market with 12.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 94.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.5% · poverty 10.2% — 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 8.3%/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 8.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 69040, Nebraska
The local economy is heavily anchored by agricultural operations and small-scale local services.
Data retrieved from data.census.gov ZCTA 69040 profile.
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.
Local community green space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.