68665, Spalding, NE

The 68665 zip code of Spalding, NE is located in the northwestern part of the state and has a population of just over 5,000. The median household income in this zip code is just over $50,000, which is considerably higher than the national median household income of $53,046. However, despite this high income level, home prices in this area are relatively low when compared to other areas of the country. In fact, according to Zillow’s recent report on home prices across the United States as of September 2018, the median home price in Spalding is only $128 per square foot. This makes it one of the most affordable zip codes in Nebraska when it comes to buying a home.

One reason why home prices are so low in Spalding is because there are a lot of homes for sale here. According to Trulia’s recent report on housing market conditions across Nebraska as of September 2018, there were 1,856 homes for sale in Spalding as opposed to 1,914 homes for sale nationwide. This means that there are more homes available for purchase here than there are people looking to buy them! Additionally, Trulia’s report also shows that inventory levels have been increasing steadily over the past year or so which will likely continue into 2019. This combination of high demand and low inventory levels will likely keep home prices low in Spalding for some time to come.