The story of this market
The typical home in ZIP 68354 sells for about $106,600, or $68 per square foot.
Prices are down 16.1% from a year ago, which gives buyers more room to negotiate. Homes take about 53 days to sell. HUD's fair market rent for a two-bedroom is $583 a month.
ZIP 68354 — Fairmont
The housing market in ZIP 68354 is characterized by low inventory and a declining population trend. Market data for specific metrics like days on market and sale-to-list ratios are not published at the ZIP level and were omitted. The area remains a stable, low-cost rural environment with high natural hazard risk exposure.
This ZIP is primarily suited for long-term residents and those seeking a low-cost, rural village lifestyle in Fillmore County.
Median prices moved down 16.1% year over year.
Homes spend a median of 53 days on market with 1.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 10.7% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 68354, Fillmore County, NE
The area faces a relatively high to very high risk profile for natural hazards, with an expected annual loss index of 96.3 out of 100.
The local economy is characterized by a small business base with approximately 24 establishments and limited new residential permit activity.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Nebraska) — Nebraska Homestead Exemption: Provides a reduction or exemption of property taxes on the primary residence (homestead) of qualified individuals. The specific exemption amount is determined by income brackets and disability status as defined in state statutes. State (Nebraska) — Nebraska Real Property Tax Assessment: Real property is assessed at or near 100% of actual value, except for agricultural and horticultural land, which is assessed at 75% of actual value. Agricultural land is assessed at 50% of actual value for school bond tax purposes.
The rental market is characterized by a 20.3% renter share and a 5.0% vacancy rate, with median gross rents reported at $583.
The local economy is small-scale, supported by approximately 150 employees across 24 business establishments.
Parcels are served by the Fairmont Rural Fire Protection District and the Fairmont Housing Authority.
The area is subject to high natural hazard risk, which influences the local insurance-climate posture.
Data retrieved from Census ACS 5-year estimates and ZCTA relationship files.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.