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Palmer village, NE

ZIP 68864 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 68864

Median Home Value
$134,800
Median Rent
$518
Affordability Snapshot
$37,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$866/mo PITI).

8%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

1.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

21.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 68864 in Palmer village, NE, a household would need roughly $37,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $866. That sits below the local median household income ($77,440), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
86.6%+32% vs US avg
x
Vacancy Rate
12.0%+17% vs US avg
x
Broadband Access
94.8%+9% vs US avg
x
4+ Bedrooms
11.8%-20% vs US avg
x
Built Pre-1939
6.0%-53% vs US avg
x
Built Post-2014
6.0%-13% vs US avg
x
Rent Burden >30%
6.8%-86% vs US avg
x
Mortgage-Free
48.2%+26% vs US avg
x
$134,800
Home Value
$518
Rent
1958
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached97.4%
  • 1-unit attached0.2%
  • 2-9 units0.0%
  • 10+ units0.0%
  • Mobile home & other2.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$134,800
Median rent$518
Owner-occupied86.6%
Vacant12.0%
Price-to-income1.7x
Est. income to buy$37,000