The story of this market
The typical home in ZIP 68961 sells for about $110,000, or $65 per square foot.
Prices are up +1.2% 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 $497 a month.
ZIP 68961 — Nelson
The 68961 market is a low-activity, rural environment with stagnant price appreciation and high vacancy rates. Market conditions are driven by limited demand and a small, aging population base. Most figures are derived from ACS 2020-2024 estimates and local market reports.
This ZIP is best suited for local agricultural workers or budget-conscious buyers seeking low-cost housing in a rural setting, as investment yields are constrained by high vacancy.
Median prices moved up 1.2% 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 94% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 7.0% — 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 0.7%/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 1.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 68961, Nuckolls County NE
The local economy is primarily agricultural with limited industrial development; growth momentum is stagnant.
Property taxes are assessed at the county level in Nuckolls County; rates are standard for rural Nebraska with no special municipal districts reported.
Local recreation is limited to small community parks and rural outdoor activities typical of the Great Plains.
The rental market is characterized by high vacancy rates and limited inventory, primarily serving local agricultural workers.
The economy is heavily reliant on agriculture and local services within Nuckolls County.
No major commercial or residential developments are currently reported for this ZIP.
Parcels are subject to standard county and school district levies.
Standard rural property insurance applies; hazard exposure is primarily related to severe weather events.
Data retrieved from ZCTA-level ACS tables via Neilsberg and Census Bureau.
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.
Local community green space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.