The story of this market
The typical home in ZIP 68031 sells for about $329,000, or $165 per square foot.
Prices are down 3.3% from a year ago, which gives buyers more room to negotiate. Homes take about 25 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $983 a month.
ZIP 68031 — Hooper
The housing market in 68031 is characterized by low inventory and stable, albeit modest, price growth. Market activity remains limited, reflecting the rural nature of the area where demand is driven primarily by local residents rather than speculative investment.
This ZIP is best suited for local families and individuals seeking a quiet, low-cost-of-living rural environment, rather than investors or commuters looking for high-growth urban amenities.
Median prices moved down 3.3% year over year.
Homes spend a median of 25 days on market with 4.2 months of supply — a fast-moving market.
15% 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 1.2% · poverty 7.3% — 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 9.5%/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 9.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 68031, Dodge County NE
Schools serving the area are generally characterized by rural district standards with limited regional performance data available.
The area is subject to standard Midwestern climate risks, including severe thunderstorms and potential flood exposure near the Platte River basin.
Economic momentum is largely tied to regional agricultural and small-town service sectors, with limited large-scale industrial development reported within the ZIP.
Property taxes are levied by Dodge County and local school districts; rates are determined by annual assessments and local mill levies.
Commuting typically requires personal vehicle travel to larger employment hubs in the Omaha metro area via regional highway corridors.
Local recreation is centered on small-town parks and proximity to rural outdoor activities, with limited large-scale shopping or entertainment venues within a 3-mile radius.
The rental market is characterized by limited inventory and steady demand, with investors often facing challenges in achieving high yields due to lower rent ceilings.
The local economy is primarily supported by agriculture and small-scale local services, with residents often commuting to larger regional employment centers.
Transportation is heavily reliant on private vehicle use, with access to regional highways serving as the primary transit infrastructure.
There are no major large-scale commercial or residential developments currently reported for this ZIP.
The Dodge County Assessor manages property valuations based on annual market analysis and state-mandated assessment guidelines.
Parcels are subject to local school district levies and county-wide special service districts.
Property insurance premiums are influenced by regional weather patterns and the area's classification within flood and wind risk zones.
Data retrieved from U.S. Census Bureau 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.
Local community park providing green space and recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.