68505 — Lincoln, NE Home Values
Typical home value $265,735 as of August 2026 · 32nd of 45 in Lincoln, NE
Blue: typical home value (Zillow ZHVI) in ZIP code 68505, August 2021 to August 2026. This page shows observed data only; no forecast.
How 68505 compares in the Lincoln, NE area
ZIP code 68505 (Lincoln, NE) has a typical home value of $265,735 as of August 2026, ranking 32nd of 45 ZIP codes tracked in the Lincoln, NE area, more expensive than about 31% of ZIP codes in the metro. Prices here have moved +3.0% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +24.4%, from $213,674 in August 2021 to $265,735 in August 2026. Against observed rent, the typical home here sells for 16.1× the annual rent ($1,372/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Lincoln, NE forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Lincoln.
Population and demographics
ZIP code 68505 has a population of 18,185, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 82.8% White, 5.4% two or more races, 4.4% Asian, 4.3% Hispanic or Latino, and 3% Black or African American.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| KAHOA ELEMENTARY SCHOOL | 7700 LEIGHTON ST, LINCOLN, NE | 0.8 mi |
| LPS CAREER ACADEMY | 8800 O STREET, LINCOLN, NE | 0.9 mi |
| MICKLE MIDDLE SCHOOL | 2500 N 67TH ST, LINCOLN, NE | 1.1 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 68505?
$265,735 as of August 2026, the latest month Zillow has published observed data for.
Is 68505 an expensive ZIP code in the Lincoln, NE area?
68505 ranks 32nd of 45 ZIP codes in the Lincoln, NE area by typical home value, more expensive than about 31% of ZIP codes in the metro.
How much have home values in 68505 changed over the past year?
+3.0% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 68505?
The typical home price is 16.1× the observed annual rent in this ZIP code ($1,372/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 68505?
18,185, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 68505?
KAHOA ELEMENTARY SCHOOL (0.8 mi), LPS CAREER ACADEMY (0.9 mi), MICKLE MIDDLE SCHOOL (1.1 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 68505?
No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Lincoln, NE forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.