The story of this market
The typical home in ZIP 69156 sells for about $220,000, or $135 per square foot.
Prices are up +4.5% from a year ago, so sellers still have some momentum. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,098 a month.
ZIP 69156
The housing market in 69156 remains stable with modest price appreciation driven by limited inventory and steady local demand. Buyers are finding a balanced market, though the low volume of listings continues to support current price levels.
This ZIP is well-suited for families seeking a quiet, affordable small-town lifestyle, as well as retirees and outdoor enthusiasts attracted to the proximity of Lake McConaughy.
Median prices moved up 4.5% year over year.
Homes spend a median of 88 days on market with 4.2 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 4.5% · poverty 11.5% — 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 7.5%/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 5.2%/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 69156, Keith County, NE
Crime rates in the Ogallala area remain generally low and stable, consistent with rural Nebraska trends and significantly below national urban averages.
The area is served by Ogallala Public Schools, which maintains a solid reputation for student performance and community engagement within the region.
The region faces moderate risks related to severe thunderstorms and high winds, with standard flood insurance requirements for properties located near the South Platte River.
Economic momentum is driven by agriculture, tourism related to Lake McConaughy, and local retail services, with steady but modest infrastructure investment.
Property taxes are assessed at the county level by Keith County, with rates determined by local school district levies and municipal requirements; no state income tax is applied to property.
Commuting is primarily car-dependent, with residents typically traveling short distances within the city or along the I-80 corridor for regional employment.
The area features significant outdoor amenities including Lake McConaughy for water sports, local parks like Humphreys Pond, and proximity to regional golf courses.
The rental market is tight with limited inventory, primarily serving local workers and seasonal tourism staff, with stable rent growth.
The economy is anchored by agriculture, tourism, and regional retail, with a stable employment base supported by local government and service sectors.
Transportation is dominated by private vehicle use, with I-80 serving as the primary artery for regional connectivity.
Development is focused on small-scale residential infill and maintenance of existing municipal infrastructure.
The Keith County Assessor manages property valuations based on annual market analysis and state-mandated assessment cycles.
Parcels are subject to levies from Ogallala Public Schools and the local natural resources district.
Property insurance premiums are influenced by regional weather patterns, specifically hail and wind risk, which are common in Western Nebraska.
Net domestic migration is stable, with a slight trend of retirees moving to the area for lifestyle reasons.
Nebraska operates as a non-judicial foreclosure state, with specific notice and cure periods defined by state statute.
Sellers are required to provide a standard property condition disclosure statement at the time of sale.
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.
- Dude's Steakhouse & Brandin' Iron Bar4.118.6 mi
- The Potter Sundry4.93.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major regional reservoir offering boating, fishing, and camping.
Local community park providing green space and walking paths.
Local golf course serving the community.
Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).