The story of this market
The typical home in ZIP 68422 sells for about $262,700, or $135 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,116 a month.
ZIP 68422 — Pickrell
The housing market in 68422 is characterized by low inventory and stable, modest price growth. Market activity is driven by local demand for single-family homes, with limited new construction and a reliance on the existing housing stock. The area remains a quiet, rural enclave with minimal volatility compared to larger urban markets.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with high homeownership rates and a lower cost of living compared to nearby urban centers.
Median prices moved up 3.2% year over year.
Homes spend a median of 84 days on market with 6.0 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.4% · poverty 1.3% — 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 6.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 68422, Gage County NE
The area is served by rural district schools with generally stable performance ratings.
The region is subject to standard Midwestern weather risks including severe thunderstorms and occasional tornado activity.
The area maintains a stable, low-growth agricultural and residential character with limited new commercial development.
Property taxes are assessed at the county level by Gage County, with rates determined by local school district and municipal levies.
Residents typically commute by car to nearby employment hubs like Beatrice or Lincoln, with average commute times around 30 minutes.
Local recreation is centered on rural outdoor activities, with limited immediate access to major shopping or entertainment districts.
The rental market is limited in depth, consisting primarily of single-family homes with low turnover and minimal investor-driven short-term rental activity.
The local economy is primarily driven by agriculture and small-scale local services, with many residents commuting to larger regional employment centers.
Transportation is entirely dependent on private vehicle use, with no public transit infrastructure available.
There are no major commercial or residential developments currently approved or under construction in this ZIP.
Gage County utilizes a standard ad valorem assessment system for all residential and agricultural properties.
Parcels are subject to local school district taxes and county-wide service levies.
Property insurance premiums are influenced by regional exposure to severe weather, including wind and hail risks.
Data retrieved from ZCTA-level census tables.
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.
Local community green space serving the immediate area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.