The story of this market
The typical home in ZIP 68458 sells for about $205,900, or $115 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $579 a month.
ZIP 68458 — Virginia
The housing market in 68458 is characterized by low inventory and steady, modest price appreciation consistent with rural Nebraska trends. Demand remains stable, driven by local residents and those seeking a small-town environment, though sales volume is limited by the small size of the housing stock. Figures for specific metrics like days on market and active listings are estimated based on local market activity reports.
This ZIP is well-suited for families and individuals seeking a quiet, small-town lifestyle with a lower cost of living compared to larger metro areas, while remaining within commuting distance of regional employment centers.
Median prices moved up 2.5% year over year.
Homes spend a median of 45 days on market with 4.2 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.0% · poverty 8.4% — 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.
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 4.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 68458, Otoe County NE
Crime rates in Syracuse, Nebraska are generally low and consistent with small-town rural Midwestern trends, remaining significantly below national averages.
The area is served by Syracuse-Dunbar-Avoca Public Schools, which maintains a positive reputation for student performance and community engagement within Otoe County.
The region faces standard Midwestern climate risks, including seasonal severe thunderstorms and occasional high winds, with moderate flood risk primarily confined to low-lying areas near local creeks.
Economic momentum is driven by local agricultural support services, small-scale manufacturing, and its role as a regional hub for Otoe County, with steady but modest population growth.
Property taxes are assessed by Otoe County based on market value, with rates determined by the local school district, county, and municipal levies; no state income tax credits specifically target residential property owners.
Residents primarily commute by car, with an average travel time of approximately 24.7 minutes, largely oriented toward employment centers in Lincoln or nearby Otoe County hubs.
The city features local parks, community sports facilities, and proximity to outdoor recreation in the surrounding Otoe County countryside, with basic shopping and dining available locally.
The rental market is characterized by low inventory and stable demand, primarily serving local workers and families, with limited short-term rental activity.
The local economy is anchored by agriculture, local government, and small-business retail, with many residents commuting to larger regional centers for professional services.
Transportation is almost exclusively reliant on private vehicles, with access to Nebraska Highway 2 serving as the primary corridor for regional travel.
Development is focused on incremental residential infill and maintenance of existing municipal infrastructure.
The Otoe County Assessor manages property valuations, utilizing a mass appraisal system to determine annual taxable values based on market sales data.
Parcels are subject to levies from the Syracuse-Dunbar-Avoca School District, Otoe County, and the City of Syracuse.
Property insurance premiums are generally stable, though coverage for wind and hail damage is a standard consideration for homeowners in this region.
Data retrieved from Census Bureau and Data USA profiles for Syracuse, NE.
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.
Central community park with playground and picnic facilities.
Local 9-hole golf course serving the community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.