How much is a home in 68516 worth?

The typical home value in Lincoln, NE 68516 is $390,779, up 3.0% over the past year.

How fast are homes selling in 68516?

Homes in 68516 are spending a median of 38 days on market. With 225 homes for sale and 76 new listings, buyers have choices, so well-priced homes tend to move faster than overpriced ones.

Are sellers cutting prices in 68516?

Yes, 13.4% of listings in 68516 have had a price cut. The median list price is $519,973, which sits above the typical value of $390,779, so some sellers are adjusting their expectations.

Market Intelligence · NE / Lincoln

Lincoln, NE 68516 Housing Market

In Lincoln, NE 68516, the typical home value is $390,779, up 3.0% over the past year. The median list price stands at $519,973, and homes are spending a median of 38 days on market. That gap between typical value and asking price matters for sellers pricing a home here.

Updated August 2026Median value$391K

The median home value in Lincoln, NE 68516 is $391K as of August 2026, up 3.0% 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 68516 range

$360K to $422K

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

Aug 2025$379K

Low $379KHigh $391K

Aug 2026$391K

The numbers

What is the 68516 housing market like?

As of August 2026

Typical home value

$391K

3.0%YoY

Median list price

$520K

0.9%MoM

Days on market

2.7%MoM

Homes for sale

225

11.9%MoM

Price cuts

13.4%

43.0%MoM

New listings

11.6%MoM

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

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The comparison

How do 68516 home prices compare?

68516$390,779
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

The typical home in Lincoln, NE 68516 is valued at $390,779, and that figure is up 3.0% over the past year, which points to steady appreciation rather than a runaway market. Sellers are asking more, with a median list price of $519,973. There are 225 homes for sale, and 76 new listings came to market, so buyers have a reasonable amount of choice. Homes are moving at a moderate pace, with a median of 38 days on market. For a seller, the honest takeaway is that values are rising, but buyers have options, so pricing realistically matters.

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