The story of this market
The typical home in ZIP 68729 sells for about $152,300, or $105 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $735 a month.
ZIP 68729 — Creighton
The housing market in 68729 is stable with low inventory and modest price appreciation. Market activity is driven by local demand rather than external investment, resulting in a slow-paced environment. No significant new construction or economic shifts are currently impacting the area.
This ZIP is best suited for retirees or families seeking a low-cost, quiet rural lifestyle; it is not a primary destination for commuters or investors seeking high-growth assets.
Median prices moved up 3.2% year over year.
Homes spend a median of 120 days on market with 7.5 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.1% · poverty 11.0% — 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 5.0%/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 5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 68729, Knox County NE
Not determinable at the ZIP level; regional crime rates in Knox County remain low relative to national averages.
Schools serving the area are part of the Creighton Community School District, which maintains a small-town educational environment with limited extracurricular breadth.
The area is primarily exposed to severe thunderstorm and wind risks; flood risk is localized to the Bazile Creek drainage basin.
Economic momentum is stable but slow, driven primarily by agricultural services and local retail; no major corporate infrastructure projects are currently underway.
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.
Commutes are primarily local or to nearby county seats; there is no public transit, and residents rely entirely on personal vehicles for regional travel.
Local amenities include the Creighton City Park and nearby access to rural hunting and fishing grounds; shopping is limited to essential local retail.
The rental market is characterized by low turnover and limited inventory, with most units being older single-family conversions.
The economy is heavily reliant on the agricultural sector, local government, and small-scale retail services.
Transportation is entirely highway-dependent, with NE-59 and NE-13 serving as the primary corridors for regional access.
There are no major commercial or residential developments currently approved or under construction in the ZIP.
The Knox County Assessor manages property valuations, typically performing physical inspections on a multi-year cycle.
Parcels are subject to Knox County general levies and the Creighton Community School District tax rate.
Property insurance premiums are rising due to regional exposure to severe convective storms and hail.
Data retrieved from US Census Bureau ZCTA-level 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. Source: NCES EDGE public school locations 2023-24.
Primary local green space for community events and recreation.
Local waterway providing limited fishing and outdoor access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.