The story of this market
The typical home in ZIP 68016 sells for about $345,000, or $185 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 22 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,650 a month.
ZIP 68016 — Cedar Creek
The housing market in 68016 remains stable with steady demand for single-family homes, driven by its appeal to commuters and families. While inventory remains tight, price growth has moderated compared to previous years, reflecting a balanced but competitive environment.
This ZIP is well-suited for family buyers and commuters seeking a quieter, suburban-to-rural lifestyle while maintaining access to the amenities and employment opportunities of the Omaha metro area.
Median prices moved up 2.4% year over year.
Homes spend a median of 22 days on market with 2.8 months of supply — a fast-moving market.
18% 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 2.6% · poverty 2.6% — 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 6.5%/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 6.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 68016, Cass County NE
Crime rates in the Cedar Creek area are generally low, consistent with rural and suburban residential patterns in the Omaha periphery.
Schools serving the area are part of the Plattsmouth and surrounding districts, generally characterized by stable performance and community-focused programming.
The area is subject to standard Midwestern weather risks, including severe thunderstorms and occasional wind events; flood risk is localized to specific low-lying areas near the Platte River.
Growth is driven by the expansion of the Omaha metropolitan footprint, with increasing residential development and improved access to regional employment hubs via highway corridors.
Property taxes are assessed at the county level with rates determined by local school district levies and municipal requirements; no specific exemptions beyond standard homestead provisions are noted.
Commuters typically rely on personal vehicles for access to the Omaha employment core, with travel times generally ranging from 30 to 45 minutes depending on traffic conditions.
The area offers access to outdoor recreation including fishing and boating on the Platte River, local parks, and proximity to regional golf courses and nature trails.
The rental market is characterized by low vacancy pressure and steady demand, with limited inventory of multi-family units compared to the single-family rental stock.
The local economy is tied to the broader Omaha metropolitan area, with significant employment in finance, insurance, and professional services.
Transportation is primarily highway-dependent, with access to I-80 and regional routes facilitating commutes to Omaha.
Development is focused on residential expansion, with several small-scale subdivisions in various stages of approval.
The Cass County Assessor manages property valuations, with assessments updated periodically to reflect market conditions.
Parcels are subject to local school district levies and potential rural fire district assessments.
Property insurance premiums are influenced by regional weather patterns, with standard coverage available for wind and hail risks.
Nebraska has seen modest net domestic migration, with growth concentrated in the Omaha and Lincoln metropolitan corridors.
Nebraska follows a non-judicial foreclosure process for deeds of trust, with specific notice and cure periods defined by state statute.
Sellers are required to provide a written disclosure statement regarding the condition of the property to prospective buyers.
Data retrieved from data.census.gov 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.
Provides significant recreational opportunities including fishing and boating.
Serves as the primary green space for local residents.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.