68016, Cedar Creek, NE

The 68016 zip code of Cedar Creek, NE is located in the northwest corner of the state and includes a population of just over 2,000. The median household income in this zip code is just over $60,000, which is significantly higher than the statewide median income of $50,046. The home equity and home prices in this zip code are both very high relative to the statewide averages.

As of March 2016, the median home value in this zip code was $277,500. This is more than double the statewide median home value of $153,700 and represents a rate of growth that is significantly faster than the statewide average rate of growth. In addition, as of March 2016, there were 1,812 homes for sale in this zip code and 592 of these homes were listed for sale at an asking price that was greater than $200,000. This indicates that there are a large number of homes available for purchase in this zip code at prices that are above average compared to other areas across Nebraska.

One reason why home values in this area are so high is likely due to the strong economy that has been present in Nebraska since the recession ended several years ago. Additionally, Cedar Creek is located within close proximity to major metropolitan areas such as Omaha and Lincoln which may also contribute to higher home values here. Despite these factors though it should be noted that there are also a number of homes available for purchase in this area at prices below average compared to other parts of Nebraska.