GemHausNew report

Market Snapshot

Median listing price
$623K

The median listing price in Elkhorn, NE ZIP 68022 is $623,320 as of June 2026.

Median rent
$1,995/mo

The median market rent in Elkhorn, NE ZIP 68022 is $1,995/month as of June 2026.

Days on market
307 days

The median days on market in Elkhorn, NE ZIP 68022 is 307 days as of June 2026. The market is currently neutral.

Gross rental yield
3.84%

At a median list price of $623,320 and a median rent of $1,995/month, the gross rental yield in Elkhorn, NE ZIP 68022 is 3.84% as of June 2026.

STR vs LTR
$2,766/mo STR · $1,995/mo LTR

In Elkhorn, NE ZIP 68022, median Airbnb revenue is $2,766/month compared to median long-term rent of $1,995/month as of June 2026.

Elkhorn, NE 68022 Real Estate Market Report

ZIP Code: 68022

Report Date: June 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
119
Active Listings
86
Sold Properties
33

Market Metrics

Median Listing Price
$623,320
Median Sold Price
$582,500
Median Price per Sqft
$252/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$1,995

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
1.47%

Liquidity & Velocity

Median Days on Market
307
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Elkhorn, NE, are averaging approximately 6.53%, reflecting a market environment where rates have remained elevated throughout 2026 compared to earlier periods of lower interest.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The primary indicator of recent market value is the median sold price $582,500, which—combined with a price year-over-year trend of up—suggests modest appreciation in realized transaction prices.
  2. The median listing price $623,320 exceeds the median sold price $582,500, which may indicate pricing friction between seller expectations and recent sale outcomes and suggests sellers should price more competitively to align with closed transactions.
  3. The median days on market 307 points to a materially slower sales velocity compared with typical suburban markets, which may indicate cautious buyer pacing even as prices show modest gains; sellers and agents should account for extended marketing timelines.
  4. The market temperature is neutral while interest rate pressure is reported as elevated and current 30-year fixed mortgage rates are averaging approximately 6.53%, a combination that supports balanced negotiation dynamics—neither strongly favoring buyers nor sellers—but increases sensitivity to financing costs and could temper near-term demand.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

23710 P St, Elkhorn, NE 68022
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

2 beds3.5 baths2,515 sqft
$1,250,000
Mar 1, 2026
$497/sqft/sqft
1806 days on market
2501 S 224th St, Elkhorn, NE 68022
Premium

Sold above market average

3 beds4.5 baths2,667 sqft
$940,000
Mar 1, 2026
$352/sqft/sqft
486 days on market
3913 S 212th St, Elkhorn, NE 68022
Premium

Sold above market average

2 beds3.5 baths2,104 sqft
$822,000
Mar 1, 2026
$391/sqft/sqft
180 days on market
20014 Elkhorn Ridge Dr, Elkhorn, NE 68022
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds2.5 baths1,808 sqft
$510,000
Mar 1, 2026
$282/sqft/sqft
1215 days on market
1514 N 180th Ave, Elkhorn, NE 68022
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds3.5 baths2,265 sqft
$498,000
Mar 1, 2026
$220/sqft/sqft
19507 Binney Cir, Elkhorn, NE 68022
Value

Sold below market average

4 beds2.5 baths2,591 sqft
$485,000
Mar 1, 2026
$187/sqft/sqft
118 days on market
20210 Hopper St, Elkhorn, NE 68022
Value

Sold below market average

3 beds2.5 baths1,283 sqft
$247,000
Mar 1, 2026
$193/sqft/sqft
1132 days on market
19035 Benton Blvd, Elkhorn, NE 68022
Value

Sold below market average

3 beds2 baths1,209 sqft
$220,000
Mar 1, 2026
$182/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$1,845/mo
68022 Avg Rent
68022 Cost to Own
Rent$1,995
Own$3,840

20% down, 6.53% rate, 1.5% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

68022 Avg nightly rate
68022 Avg occupancy (days/year)
Nightly rate$277/night
Occupancy129 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

GemHaus

Get personalized market intelligence

Explore real-time property analysis in Elkhorn, NE: valuations, rental estimates, costs, and pro-forma projections.

Nearby Market Reports