The story of this market
The typical home in ZIP 68942 sells for about $72,500, or $513 per square foot.
Prices are up +90.8% from a year ago, so sellers still have some momentum. Homes take about 129 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $763 a month.
ZIP 68942 — Guide Rock
The housing market in 68942 is characterized by very low transaction volume and a small, rural inventory. Recent data shows a significant increase in median home values from a low base, though the market remains highly affordable compared to national averages. There is no active sales data for the most recent month, reflecting the limited liquidity of this rural market.
This ZIP is best suited for those seeking affordable, rural living in a small-town environment, primarily attracting long-term residents rather than commuters or investors.
Median prices moved up 90.8% year over year.
Homes spend a median of 129 days on market with 0.0 months of supply — a slower-moving market.
13% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.5% · poverty 10.7% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 12.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 68942, Webster County, NE
The area is primarily rural with a small-town economy; development momentum is minimal.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Nebraska) — Nebraska Homestead Exemption: Provides a reduction or exemption of property taxes on the primary residence (homestead) of qualified individuals. The specific exemption amount is determined by income brackets and disability status as defined in state statutes. State (Nebraska) — Nebraska Real Property Tax Assessment: Real property is assessed at or near 100% of actual value, except for agricultural and horticultural land, which is assessed at 75% of actual value. Agricultural land is assessed at 50% of actual value for school bond tax purposes.
Residents typically drive alone to work, with a mean commute time of approximately 29.8 minutes toward regional employment hubs.
Local recreation is limited to rural outdoor activities; shopping and major amenities are located in larger neighboring towns like Red Cloud or Superior.
The rental market is very thin with limited inventory and few active listings, making market-rate trajectory difficult to track.
The local economy is primarily agricultural and small-scale service-oriented, with limited major industrial employers within the ZIP.
No major commercial or residential developments are currently reported for this rural ZIP code.
Webster County Assessor manages property valuations for tax purposes.
Parcels are subject to standard county, municipal, and school district levies.
Data retrieved from Census Reporter and US Civic Data profiles for ZCTA 68942.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
Local community green space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.