Real Estate Investing in Cedar Creek, Nebraska (68016)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68016 (Cedar Creek, NE)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 60.0% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Cedar Creek, NE (68016)?
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Market Analysis: 68016 Cedar Creek
On the rental side, ZIP 68016 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $373K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 68016 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Statewide comparisons place 68016 among NE's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Demographically, 68016 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Experienced landlords with local relationships tend to find 68016 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Cedar Creek:
Property Strategy for 68016
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $316,636 | $1,560 | 3.5% | +7.2% | $158,318 |
| 3BR | $388,128 | $2,070 | 3.8% | +7.6% | $129,376 |
Market Trends
Home Value History (with trend line)
📊 How Does 68016 Compare?
| Metric | 68016 | Cedar Creek | Nebraska |
|---|---|---|---|
| Home Value | $372,690 | $372,690 | $269,423 |
| 5-Year CAGR | 6.1% | 6.1% | 6.7% |
| Avg Rent | $1,404 | $1,404 | - |
| Cap Rate | 2.9% | 2.9% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 68016 (Cedar Creek, NE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $372,690 |
| Monthly Rent | $1,404 |
| Price-to-Rent | 22.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | +7.0% ▲ |
| 3-Year CAGR | +5.9% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 68016
Population: 415
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What price range are homes in Cedar Creek, NE?
The median home value in Cedar Creek, NE is roughly $373K. That puts it reasonable relative to the NE statewide average.
What kind of vacancy should I budget for in Cedar Creek, NE?
Cedar Creek, NE vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Which real estate strategy fits Cedar Creek, NE?
The best-fit strategy in Cedar Creek, NE is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Can I house hack in Cedar Creek, NE?
Cedar Creek, NE offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,404/mo rent level.
Is the tenant base reliable in Cedar Creek, NE?
Tenant demand in Cedar Creek, NE is solid. The local workforce $1,404/mo rents across most rental classes.
You know 68016 now. You don’t know where it ranks.
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How 68016 ranks in Omaha-Council Bluffs, NE-IA
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