HousingHandbookReference data

U.S. ZIP Code · NE68512

Lancaster County · Lincoln, NE

Typical home value

$349,656[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.6%
5-year / yr
+5.0%
10-year / yr
+5.3%

Relative price

vs U.S.
+23.1%
vs metro
≈ metro median
vs state
+51.5%
ZIP 68512 location in NE
Location of ZIP 68512 in NE

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 68512 is worth $349,656. Over the past year, values have risen 3.6%. Homes here rent for a typical $1,491 a month — a 5.1% gross rental yield. The effective property tax rate is 1.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,491[2]
Gross yield
5.1%[2]
Cap rate
3.1%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.6%[3]
Typical annual tax
$5,729[3]

#Climate risk

FEMA National Risk Index ratings for Lancaster County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Relatively Moderate
Drought
Relatively Moderate
Heat wave
Relatively Low
Hurricane
No Rating
Tornado
Relatively High
Earthquake
Very Low
Winter weather
Very High

#Who lives here

Population
13,802[3]
Median household income
$104,448[3]

#Migration

Household moves in and out of Lancaster County over a year, from IRS tax-return data.

Net migration
-109[5]
Moved in
6,903
Moved out
7,012

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
4
Elementary
2
Middle
0
High
2
  • SOUTHWEST HIGH SCHOOL

    High · Grades 9–12 · LINCOLN PUBLIC SCHOOLS

    2,049 students

  • ADAMS ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · LINCOLN PUBLIC SCHOOLS

    757 students

  • HILL ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · LINCOLN PUBLIC SCHOOLS

    396 students

  • PATHFINDER ED PRG-LANCASTER CO

    High · Grades 7–12 · PATHFINDER ED PRG-LANCASTER CO

    0 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield5.1%
Net yield (after ~40% expenses)3.1%
Annual rent$17,895

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,768
Loan principal$279,725
Down payment$69,931
Total interest paid$356,773

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.70
Monthly cost to own$2,537
Monthly rent$1,491

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
18th percentile[1]
Rental yield
46th percentile[2]
Property tax
100th percentile[3]

Frequently asked

How much is a home worth in ZIP code 68512?
The typical home in 68512 is worth $349,656, based on the Zillow Home Value Index.
Are home values rising in 68512?
Home values in 68512 are up 3.6% over the past year, and up 5.0% a year over five years.
What is the typical rent in 68512?
A typical home in 68512 rents for about $1,491 a month, a gross rental yield of 5.1%.
What is the property tax rate in 68512?
The effective property tax rate in 68512 is 1.6% — roughly $5,729 a year on a typical home.
Who lives in 68512?
ZIP code 68512 has a population of 13,802 and a median household income of $104,448.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Waverly, NE

    Typical home
    $347,640
    Gross yield
  • Hickman, NE

    Typical home
    $383,303
    Gross yield
  • Seward, NE

    Typical home
    $313,645
    Gross yield
  • Milford, NE

    Typical home
    $313,096
    Gross yield
  • Lincoln, NE

    Typical home
    $390,051
    Gross yield
    4.5%
  • Bee, NE

    Typical home
    $296,371
    Gross yield

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