68850 — Lexington, NE Home Values
Typical home value $208,524 as of June 2026 · 5th of 8 in Lexington, NE
Blue: typical home value (Zillow ZHVI) in ZIP code 68850, June 2021 to June 2026. This page shows observed data only; no forecast.
How 68850 compares in the Lexington, NE area
ZIP code 68850 (Lexington, NE) has a typical home value of $208,524 as of June 2026, ranking 5th of 8 ZIP codes tracked in the Lexington, NE area, more expensive than about 50% of ZIP codes in the metro. Prices here have moved +0.9% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +26.6%, from $164,685 in June 2021 to $208,524 in June 2026. Against observed rent, the typical home here sells for 13.2× the annual rent ($1,319/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 Lexington, NE forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Lexington.
Population and demographics
ZIP code 68850 has a population of 12,394, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 60.9% Hispanic or Latino, 24% White, 11.7% Black or African American, 1% two or more races, 0.8% Asian, 0.8% Native Hawaiian or Pacific Islander, 0.5% another race, and 0.2% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| SANDOZ ELEMENTARY SCHOOL | 1711 N ERIE, LEXINGTON, NE | 2.7 mi |
| LEXINGTON HIGH SCHOOL | 1400 MINUTEMAN DRIVE, LEXINGTON, NE | 2.7 mi |
| LEXINGTON MIDDLE SCHOOL | 1100 N WASHINGTON, LEXINGTON, NE | 2.9 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 68850?
$208,524 as of June 2026, the latest month Zillow has published observed data for.
Is 68850 an expensive ZIP code in the Lexington, NE area?
68850 ranks 5th of 8 ZIP codes in the Lexington, NE area by typical home value, more expensive than about 50% of ZIP codes in the metro.
How much have home values in 68850 changed over the past year?
+0.9% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 68850?
The typical home price is 13.2× the observed annual rent in this ZIP code ($1,319/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 68850?
12,394, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 68850?
SANDOZ ELEMENTARY SCHOOL (2.7 mi), LEXINGTON HIGH SCHOOL (2.7 mi), LEXINGTON MIDDLE SCHOOL (2.9 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 68850?
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 Lexington, 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.