HousingHandbookReference data

U.S. ZIP Code · NE68845

Buffalo County

Typical home value

$342,905[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+6.2%
5-year / yr
+6.5%
10-year / yr
+4.9%

Relative price

vs U.S.
+20.7%
vs metro
vs state
+48.6%
ZIP 68845 location in NE
Location of ZIP 68845 in NE

Price history

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

The typical home in 68845 is worth $342,905. Over the past year, values have risen 6.2%. Homes here rent for a typical $1,469 a month — a 5.1% gross rental yield. The effective property tax rate is 1.5%.

#Rent & investment

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

Monthly rent
$1,469[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
1.5%[3]
Typical annual tax
$4,984[3]

#Climate risk

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

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Relatively Low
Drought
Relatively Moderate
Heat wave
Relatively Low
Hurricane
Not Applicable
Tornado
Relatively Moderate
Earthquake
Very Low
Winter weather
Relatively Moderate

#Who lives here

Population
20,536[3]
Median household income
$76,978[3]

#Migration

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

Net migration
+47[5]
Moved in
1,349
Moved out
1,302

Schools

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

Public schools
11
Elementary
6
Middle
1
High
3
  • KEARNEY HIGH SCHOOL

    High · Grades 9–12 · KEARNEY PUBLIC SCHOOLS

    1,654 students

  • HORIZON MIDDLE SCHOOL

    Middle · Grades 6–8 · KEARNEY PUBLIC SCHOOLS

    631 students

  • KENWOOD ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · KEARNEY PUBLIC SCHOOLS

    385 students

  • KEARNEY EDUCATION CENTER

    Prekindergarten · Grades PK · KEARNEY PUBLIC SCHOOLS

    355 students

  • BUFFALO HILLS ELEMENTARY

    Elementary · Grades PK–5 · KEARNEY PUBLIC SCHOOLS

    298 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$17,624

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$1,734
Loan principal$274,324
Down payment$68,581
Total interest paid$349,885

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 ratio1.66
Monthly cost to own$2,434
Monthly rent$1,469

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
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 68845?
The typical home in 68845 is worth $342,905, based on the Zillow Home Value Index.
Are home values rising in 68845?
Home values in 68845 are up 6.2% over the past year, and up 6.5% a year over five years.
What is the typical rent in 68845?
A typical home in 68845 rents for about $1,469 a month, a gross rental yield of 5.1%.
What is the property tax rate in 68845?
The effective property tax rate in 68845 is 1.5% — roughly $4,984 a year on a typical home.
Who lives in 68845?
ZIP code 68845 has a population of 20,536 and a median household income of $76,978.

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