The story of this market
The typical home in ZIP 68455 sells for about $225,000, or $145 per square foot.
Prices are down 1.2% from a year ago, which gives buyers more room to negotiate. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,653 a month.
ZIP 68455 — Union
The housing market in 68455 is currently experiencing soft demand and high vacancy rates, reflecting its rural character and limited economic growth. Prices have remained relatively flat year-over-year, and the market is characterized by low transaction volume. Investors should note that the area requires careful tenant screening and maintenance management due to the structural nature of the local market.
This ZIP is best suited for rural-lifestyle seekers and commuters who prioritize lower density and affordability over proximity to urban amenities.
Median prices moved down 1.2% year over year.
Homes spend a median of 62 days on market with 6.0 months of supply — a balanced-paced market.
12% 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 1.3% · poverty 6.0% — 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 4.2%/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 4.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 68455, Cass County NE
Crime rates in the Union area are generally low and consistent with rural Cass County trends, remaining well below regional metropolitan averages.
Schools serving the area are part of the local rural district system, typically characterized by smaller class sizes and community-focused educational environments.
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 Missouri River.
Economic momentum is modest, with the area serving primarily as a rural residential base for commuters to the Omaha metropolitan area rather than a hub for major corporate development.
Property taxes are assessed at the county level by Cass County, with rates determined by the aggregate of school district, county, and local municipal levies.
Commuting to the Omaha employment core typically requires a 30-45 minute drive via regional highway corridors.
Recreational opportunities include local community parks and proximity to outdoor activities along the Missouri River, with major shopping and dining located in nearby larger municipalities.
The rental market is characterized by limited inventory and high vacancy pressure, with few institutional-grade multi-family assets available.
The local economy is largely driven by agriculture and small-scale local services, with many residents commuting to the broader Omaha-Council Bluffs metropolitan area for employment.
Transportation is heavily reliant on private vehicle use, with access to the Omaha metro area provided by regional highway networks.
There are no major large-scale commercial or residential developments currently approved or under construction within the ZIP code.
Cass County utilizes a standard ad valorem assessment system based on market value, with periodic reappraisals conducted to ensure tax equity.
Parcels are subject to local school district taxes and county-level levies; specific MUD or PID districts are not prevalent in this rural area.
Property insurance premiums are influenced by regional weather patterns, with standard coverage available for wind and hail risks.
Nebraska has experienced modest net domestic migration, with rural areas like Cass County seeing stable population retention.
Nebraska operates primarily as a non-judicial foreclosure state, allowing for a streamlined process under the Deed of Trust Act.
Sellers are required to provide a written disclosure statement regarding the condition of the property, including known material defects.
Data retrieved from 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 green space serving the immediate community.
Provides regional access for fishing and boating.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.