Elkhorn, NE 68022 Real Estate Market Report

ZIP Code: 68022
Report Date: May 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.

---

Market Metrics

Note: 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

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

---

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

---

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.

---

Key Findings

1. The median sold price is $550,000, which serves as the primary indicator of recent market value and suggests modest price appreciation given the reported up price year-over-year trend; sellers should align expectations to this realized transaction level rather than asking price.

2. There is a meaningful gap between the median listing price ($660,000) and the median sold price ($550,000), which may indicate pricing friction or elevated seller expectations and suggests listing strategies should be calibrated to avoid extended marketing times.

3. The market shows slower sales velocity as evidenced by the median days on market at 225, which, combined with a neutral market temperature, points to balanced conditions where transactions occur but may require buyer-seller flexibility on timing and terms.

4. Interest rate pressure is elevated, and with rent trending up (median market rent $1,950), investors and owners should evaluate financing sensitivity and consider shorter time-on-market pricing adjustments or alternative financing structures to preserve liquidity and transaction certainty.

---

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.