Market Intelligence · NE / Lincoln

Lincoln, NE 68508 Housing Market

Typical home value in Lincoln 68508 is $215,699, up 3.0% over the past year. The median list price sits at $275,000, with homes taking a median 52 days on market as of September 2026.

Updated September 2026Median value$216K

The median home value in Lincoln, NE 68508 is $216K as of September 2026, up 3.0% 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 68508 range

$198K to $233K

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

+3.0% over 12 months

Sep 2025$209K

Low $209KHigh $218K

Sep 2026$216K

The numbers

What is the 68508 housing market like?

As of September 2026

Typical home value

$216K

3.0%YoY

Median list price

$275K

11.1%MoM

Days on market

2.0%MoM

Homes for sale

7.1%MoM

Price cuts

19.8%

15.9%MoM

New listings

0.0%MoM

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

The outlook

68508 housing market forecast 2027

+3.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 68508 to rise 3.0% by September 2027.

Over the 12 months through September 2026, typical home values in 68508 rose 3.0%, per the Zillow Home Value Index.

Will home prices drop in 68508?

Zillow's forecast does not call for a drop: it expects typical home values in 68508 to rise 3.0% by September 2027, after a 3.0% 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 68508 home prices compare?

68508$215,699
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

The zip code had 30 homes for sale in September 2026, with 8 new listings added that month. The median list price of $275,000 reflects the broader inventory available, while homes spend a median 52 days on market before sale. Price cuts appeared on 19.8% of listings, suggesting some sellers are adjusting expectations. Despite the recent 3.0% appreciation in typical home value, the current pace of sales and inventory level indicate a balanced market where timing and pricing matter.

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Home price

Down payment20% · $43,140

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Common questions

What people ask us.

What is the typical home value in 68508?

The typical home value is $215,699, up 3.0% over the past year as of September 2026.

How long do homes typically stay on the market?

Homes in this zip code have a median of 52 days on market as of September 2026.

How many homes are currently for sale?

There are 30 homes for sale in 68508 as of September 2026, with 8 new listings that month.

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Nearby ZIP markets.

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