US5.com
  1. Home
  2. States
  3. Nebraska
  4. ZIP 68937
  5. Housing & Real Estate
Elwood village, NE

ZIP 68937 — 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 68937

Median Home Value
$275,300
Median Rent
$514
Affordability Snapshot
$76,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,768/mo PITI).

8%
Rent-to-Income Ratio

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

3.6x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

44.6 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 68937 in Elwood village, NE, a household would need roughly $76,000 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 $1,768. That is roughly in line with the local median household income ($77,206). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 41% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
84.3%+29% vs US avg
x
Vacancy Rate
40.6%+294% vs US avg
x
Broadband Access
87.3%+0% vs US avg
x
4+ Bedrooms
12.2%-18% vs US avg
x
Built Pre-1939
3.5%-73% vs US avg
x
Built Post-2014
1.4%-80% vs US avg
x
Rent Burden >30%
9.1%-82% vs US avg
x
Mortgage-Free
53.1%+39% vs US avg
x
$275,300
Home Value
$514
Rent
1975
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

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

  • 1-unit detached89.2%
  • 1-unit attached2.2%
  • 2-9 units2.4%
  • 10+ units0.0%
  • Mobile home & other6.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$275,300
Median rent$514
Owner-occupied84.3%
Vacant40.6%
Price-to-income3.6x
Est. income to buy$76,000