Location: Johnson County, NE | Metro: Johnson County, NE
| Unit Size | Monthly FMR |
|---|---|
| Studio | $800 |
| 1 Bedroom | $840 |
| 2 Bedrooms | $1,100 |
| 3 Bedrooms | $1,310 |
| 4 Bedrooms | $1,500 |
| 5 Bedrooms | $1,740 |
| 6 Bedrooms | $1,949 |
| 7 Bedrooms | $2,105 |
| 8 Bedrooms | $2,210 |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP code 68450 is poised for stability and potential growth over the next 12-24 months, given the current metrics. The median home value stands at $177,788, indicating that the area remains affordable for both buyers and renters. Although the percentage of listings that have been reduced and the median days on market (DOM) are currently unavailable, the lack of significant reductions in listing prices suggests that sellers are maintaining their pricing power. This implies that there is a balanced market where neither buyers nor sellers hold overwhelming leverage.
On the rental side, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is projected to be $1,020, while the current market rate is $805. This gap indicates an upward trend in rental values, likely driven by factors such as increased demand or limited supply. Long-term investors should take note of this potential for rental income growth, which can offset any slower appreciation in property values.
The setup for long-hold investors in ZIP 68450 is favorable for those looking to capitalize on rental income rather than quick flips. With the median home value remaining steady and the projected increase in FMR, investors can expect a moderate but consistent rise in rental rates. This provides a solid foundation for generating passive income and building equity over time. However, the appreciation thesis is tempered by the absence of robust historical data on price reductions and DOM, which could signal more aggressive market conditions.
In summary, ZIP 68450 offers a stable environment for real estate investment, particularly for those focused on rental income. The current median home value and projected FMR suggest that while rapid capital appreciation might not be imminent, the area supports sustainable returns through rental yields. Landlords and small-portfolio investors should prepare for a market that rewards patience and strategic planning.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.