The story of this market
The typical home in ZIP 68305 sells for about $98,900, or $85 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 92 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $792 a month.
ZIP 68305 — Auburn
The housing market in 68305 is characterized by high affordability and low turnover, reflecting a stable, small-town economy. Prices remain modest with limited inventory, and the market is driven primarily by local demand rather than speculative investment.
This ZIP is best suited for families and individuals seeking an affordable, small-town lifestyle with a lower cost of living compared to larger urban centers.
Median prices moved up 2.1% year over year.
Homes spend a median of 92 days on market with 7.0 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 5.1% · poverty 15.0% — 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 2.7%/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 3.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 68305, Nemaha County NE
Local schools are generally rated as average, serving the small-town community of Auburn.
The area is subject to standard Midwestern weather risks, including severe thunderstorms and occasional flooding near local waterways.
Economic momentum is driven by local agriculture, small business, and public services in the Nemaha County seat.
Property taxes are assessed at the county level based on market value, with rates influenced by local school district and municipal levies.
Commuting is primarily by personal vehicle, with most residents working within Auburn or traveling to nearby regional hubs.
The area features local parks and community-focused recreational facilities typical of a small Nebraska town.
The rental market is characterized by low inventory and steady demand, primarily serving local workers and small families.
The economy is anchored by agriculture, local government, and small-scale retail and service industries.
Transportation relies on regional highway access; there is no significant public transit infrastructure.
Development is primarily focused on small-scale residential and commercial maintenance.
The Nemaha County Assessor manages property valuations for tax purposes.
Parcels are subject to Auburn Public Schools and local county-level utility and service districts.
Property insurance premiums are influenced by regional weather patterns and standard risk assessments for rural Nebraska.
Data retrieved from Census Bureau ACS profiles for ZCTA 68305.
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 green space for local events and recreation.
Local golf course serving the immediate area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.