68062, Thurston, NE

The 68062 zip code of Thurston, Nebraska is located in the western part of the state and has a population of about 10,000. The median household income in this zip code is $59,000 and the median home value is $151,000. The average mortgage rate in this zip code is 4.5%, which is lower than the national average of 5.31%.

There are a number of factors that have contributed to the high home values in this zip code. First, Thurston has a strong economy with good job opportunities. Second, there are a lot of families who have been able to buy homes over the past few years because of low interest rates and favorable mortgage terms. Finally, Thurston has a limited supply of homes for sale compared to other areas of the country, which has led to higher prices.

Despite these positive factors, there are some risks associated with buying a home in Thurston. First, there is a risk that interest rates will rise and make mortgages more expensive. Second, if the market for homes in Thurston dries up suddenly (as it did during the housing crisis), homeowners could find themselves facing difficult financial circumstances.