The story of this market
The typical home in ZIP 68786 sells for about $154,900, or $108 per square foot.
Homes take about 113 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $763 a month.
ZIP 68786 — Wausa
The housing market in 68786 is characterized by very low inventory and limited sales activity, typical of a small rural village. While home values have seen modest appreciation over the last decade, the market remains stable with minimal turnover. Data for specific metrics like effective tax rates and specific development pipelines are not determinable at the ZIP level.
This ZIP is best suited for those seeking a quiet, rural lifestyle in a small village setting, appealing primarily to long-term residents and families looking for affordable housing options.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 113 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 2.9% — 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 2.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 68786, Knox County, Nebraska
The area is served by local public schools, with Wausa Elementary School receiving a B- rating.
Construction activity in Wausa saw a notable increase in 2024, with 3 single-family residential permits issued totaling approximately $1 million in value.
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 area features local amenities including the Wausa Country Club.
The rental market is characterized by a vacancy rate of 26.2% and a median gross rent of $763, with a significant portion of renters considered rent-burdened.
The local economy is primarily rural, with employment opportunities centered around agriculture and local services within Knox County.
Data retrieved from Census Reporter and Niche profiles for ZCTA 68786.
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.
Local golf and social facility serving the community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.