HousingHandbookReference data

U.S. ZIP Code · NE68523

Lancaster County · Lincoln, NE

Typical home value

$500,415[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.0%
5-year / yr
+5.2%
10-year / yr
+5.7%

Relative price

vs U.S.
+76.2%
vs metro
+43.5%
vs state
+116.9%
ZIP 68523 location in NE
Location of ZIP 68523 in NE

Price history

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

The typical home in 68523 is worth $500,415 — 43.5% above the Lincoln, NE median. Over the past year, values have risen 4.0%. The effective property tax rate is 1.3%.

#Rent & investment

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

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
1.3%[3]
Typical annual tax
$6,642[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
2,031[3]
Median household income
$141,786[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

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 yield
Net yield (after ~40% expenses)
Annual rent

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$2,530
Loan principal$400,332
Down payment$100,083
Total interest paid$510,601

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 ratio
Monthly cost to own$3,502
Monthly rent

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
23rd percentile[1]
Rental yield
[2]
Property tax
45th percentile[3]

Frequently asked

How much is a home worth in ZIP code 68523?
The typical home in 68523 is worth $500,415, based on the Zillow Home Value Index.
Are home values rising in 68523?
Home values in 68523 are up 4.0% over the past year, and up 5.2% a year over five years.
What is the property tax rate in 68523?
The effective property tax rate in 68523 is 1.3% — roughly $6,642 a year on a typical home.
Who lives in 68523?
ZIP code 68523 has a population of 2,031 and a median household income of $141,786.

#Comparable ZIPs

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

  • Pleasant Dale, NE

    Typical home
    $491,325
    Gross yield
  • Malcolm, NE

    Typical home
    $515,880
    Gross yield
  • Lincoln, NE

    Typical home
    $518,972
    Gross yield
  • Davey, NE

    Typical home
    $479,861
    Gross yield
  • Princeton CDP, NE

    Typical home
    $528,078
    Gross yield
  • Firth, NE

    Typical home
    $470,907
    Gross yield

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