The story of this market
The typical home in ZIP 68745 sells for about $188,500, or $114 per square foot.
Prices are up +5.2% from a year ago, so sellers still have some momentum. Homes take about 105 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $713 a month.
ZIP 68745 — Laurel
The housing market in 68745 shows steady growth with a significant increase in median home values over the last five years. Inventory remains tight, supporting stable price appreciation, though specific monthly sales figures are limited due to the small size of the market. Data for median days on market and active listings are estimates based on regional trends as specific ZIP-level portal data is not published.
This ZIP is well-suited for families and individuals seeking a quiet, affordable rural lifestyle with a strong sense of community and stable homeownership opportunities.
Median prices moved up 5.2% year over year.
Homes spend a median of 105 days on market with 4.2 months of supply — a balanced-paced market.
8% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.6% · 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 12.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 68745, Cedar County NE
The area is served by Laurel-Concord-Coleridge School District, which maintains a stable reputation within the rural Cedar County educational landscape.
The region faces standard Midwestern risks including severe thunderstorms and occasional tornado activity; flood risk is generally low outside of immediate creek basins.
Economic momentum is driven by local agricultural production and small-scale commercial services in Laurel, with limited large-scale industrial development.
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.
Residents primarily rely on personal vehicles for commuting, with most travel directed toward regional employment hubs in Norfolk or Sioux City.
Local amenities include city parks, community sports fields, and proximity to rural outdoor recreation areas typical of northeast Nebraska.
The rental market is characterized by low inventory and steady demand, primarily serving local workers and families with limited short-term rental presence.
The local economy is anchored by agriculture, agribusiness, and essential local services supporting the surrounding rural population.
Transportation is primarily served by state highway corridors connecting Laurel to larger regional centers.
Development is currently focused on small-scale residential maintenance and local infrastructure improvements.
Cedar County Assessor manages property valuations based on annual market analysis and state-mandated assessment cycles.
Parcels are subject to levies from the Laurel-Concord-Coleridge School District and local natural resource districts.
Property insurance premiums are influenced by regional weather patterns and the prevalence of older housing stock.
Data retrieved from US Census Bureau ACS 5-year estimates via US Civic Data.
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.
Central community green space for local recreation.
Hosts annual community events and agricultural exhibitions.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.