Market Intelligence · NE / Lincoln

Lincoln, NE 68516 Housing Market

Homes in Lincoln 68516 are worth a typical $390,488, up 2.9% over the past year. The median list price sits at $502,500, and homes spend 45 days on market.

Updated September 2026Median value$390K

The median home value in Lincoln, NE 68516 is $390K as of September 2026, up 2.9% 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 68516 range

$359K 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

+2.9% over 12 months

Sep 2025$380K

Low $380KHigh $390K

Sep 2026$390K

The numbers

What is the 68516 housing market like?

As of September 2026

Typical home value

$390K

2.9%YoY

Median list price

$503K

3.4%MoM

Days on market

18.4%MoM

Homes for sale

226

0.4%MoM

Price cuts

12.0%

10.5%MoM

New listings

5.3%MoM

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

The outlook

68516 housing market forecast 2027

+2.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 68516 to rise 2.4% by September 2027.

Over the 12 months through September 2026, typical home values in 68516 rose 2.9%, per the Zillow Home Value Index.

Will home prices drop in 68516?

Zillow's forecast does not call for a drop: it expects typical home values in 68516 to rise 2.4% by September 2027, after a 2.9% 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 68516 home prices compare?

68516$390,488
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 226 homes for sale in 68516, with 72 new listings added recently. The median time on market is 45 days, suggesting a moderate pace of sale activity. About 12.0% of listings have seen a price cut, indicating some negotiation in the market. The value appreciation of 2.9% over the past year reflects steady demand, though the current inventory and price-cut share suggest sellers should price competitively and be realistic about timeline expectations.

Monthly payment

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Home price

Down payment20% · $78,098

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Common questions

What people ask us.

What is a typical home worth in Lincoln 68516?

The typical home value is $390,488 as of September 2026, representing a 2.9% increase over the past year.

How many homes are currently for sale?

There are 226 homes for sale as of September 2026, with 72 new listings in that month.

How long do homes typically take to sell?

The median days on market is 45 as of September 2026.

Discover

Nearby ZIP markets.

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