Market Intelligence · NE / Lincoln

Lincoln, NE 68506 Housing Market

The typical home in Lincoln's 68506 ZIP code is worth $284,136, up 3.3% over the past year. Sellers are listing at a median of $280,000, and homes are going under contract in a median of 31 days.

Updated August 2026Median value$284K

The median home value in Lincoln, NE 68506 is $284K as of August 2026, up 3.3% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 68506 range

$261K to $307K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+3.3% over 12 months

Typical home value in 68506 over the last 12 months: $275K in Aug 2025 to $284K in Aug 2026 (+3.3%).

Aug 2025$275K

Aug 2026$284K

The numbers

What is the 68506 housing market like?

Typical home value

$284K

Up3.3%YoY

Median list price

$280K

Down3.4%MoM

Days on market

31

Up6.9%MoM

Homes for sale

78

Up20.0%MoM

Price cuts

18.2%

Up13.8%MoM

New listings

36

Down25.0%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 68506 home prices compare?

  • 68506$284,136
  • Lincoln$286,202
  • Nebraska$237,408
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Lincoln: 20 ZIPs; Nebraska: 453 ZIPs; United States: 26,265 ZIPs).

Context

There are 78 homes for sale in 68506 as of 2026-08-01, with 36 new listings hitting the market. That is steady turnover, not a glut. A median of 31 days on market means well-priced homes are moving without much delay. The 18.2% of listings carrying a price cut shows that some sellers are overshooting and adjusting, but most are holding close to asking. With typical values up 3.3% over the past year at $284,136, this is a stable market where realistic pricing gets rewarded.

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