Market Intelligence · NE / Lincoln

Lincoln, NE 68506 Housing Market

Homes in Lincoln 68506 are worth $281,722 on average, up 3.2% over the past year. The median list price stands at $279,450, with homes typically selling within 25 days on the market.

Updated September 2026Median value$282K

The median home value in Lincoln, NE 68506 is $282K as of September 2026, up 3.2% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 68506 range

$259K to $304K

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

+3.2% over 12 months

Sep 2025$273K

Low $273KHigh $282K

Sep 2026$282K

The numbers

What is the 68506 housing market like?

As of September 2026

Typical home value

$282K

3.2%YoY

Median list price

$279K

0.2%MoM

Days on market

19.4%MoM

Homes for sale

5.1%MoM

Price cuts

13.2%

27.2%MoM

New listings

33.3%MoM

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

The outlook

68506 housing market forecast 2027

+2.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 68506 to rise 2.5% by September 2027.

Over the 12 months through September 2026, typical home values in 68506 rose 3.2%, per the Zillow Home Value Index.

Will home prices drop in 68506?

Zillow's forecast does not call for a drop: it expects typical home values in 68506 to rise 2.5% by September 2027, after a 3.2% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 68506 home prices compare?

68506$281,722
Lincoln$284,241
Nebraska$232,489
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Lincoln: 20 ZIPs; Nebraska: 450 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 82 homes for sale in the area, with 48 new listings added recently. The median time to sale is 25 days, suggesting steady buyer interest. About 13.2% of listings have seen a price cut, which is modest given the modest appreciation in home values over the past year. For sellers, this is a balanced market where homes move fairly quickly, but pricing right from the start remains important.

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Down payment20% · $56,344

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Common questions

What people ask us.

What is the typical home value in 68506?

The typical home value in this area is $281,722, up 3.2% over the past year as of September 2026.

How long do homes stay on the market here?

The median days on market is 25 as of September 2026, indicating fairly brisk turnover.

How many homes are currently for sale in 68506?

There are 82 homes for sale as of September 2026, with 48 new listings added recently.

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Nearby ZIP markets.

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