68701 — Norfolk, NE Home Values
Typical home value $264,627 as of June 2026 · 8th of 15 in Norfolk, NE
Blue: typical home value (Zillow ZHVI) in ZIP code 68701, June 2021 to June 2026. This page shows observed data only; no forecast.
How 68701 compares in the Norfolk, NE area
ZIP code 68701 (Norfolk, NE) has a typical home value of $264,627 as of June 2026, ranking 8th of 15 ZIP codes tracked in the Norfolk, NE area, more expensive than about 53% of ZIP codes in the metro. Prices here have moved +4.8% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +31.8%, from $200,834 in June 2021 to $264,627 in June 2026. Against observed rent, the typical home here sells for 17.2× the annual rent ($1,286/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 Norfolk, NE forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Norfolk.
Population and demographics
ZIP code 68701 has a population of 31,172, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 80.6% White, 13.5% Hispanic or Latino, 3.1% two or more races, 1% Asian, 0.9% Black or African American, and 0.9% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| WESTSIDE ELEMENTARY SCHOOL | 1703 PHILIP AVE, NORFOLK, NE | 0.8 mi |
| LITTLE PANTHERS PRESCHOOL | 2500 W NORFOLK AVE, NORFOLK, NE | 1 mi |
| GRANT ELEMENTARY SCHOOL | 1106 PHILIP AVE, NORFOLK, NE | 1.2 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 68701?
$264,627 as of June 2026, the latest month Zillow has published observed data for.
Is 68701 an expensive ZIP code in the Norfolk, NE area?
68701 ranks 8th of 15 ZIP codes in the Norfolk, NE area by typical home value, more expensive than about 53% of ZIP codes in the metro.
How much have home values in 68701 changed over the past year?
+4.8% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 68701?
The typical home price is 17.2× the observed annual rent in this ZIP code ($1,286/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 68701?
31,172, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 68701?
WESTSIDE ELEMENTARY SCHOOL (0.8 mi), LITTLE PANTHERS PRESCHOOL (1 mi), GRANT ELEMENTARY SCHOOL (1.2 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 68701?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Norfolk, 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.