Real Estate Investing in Emerson, Nebraska (68733)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Dixon County • Population: 1,196 • Data updated: September 2026

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Should you buy in 68733 (Emerson, NE)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (79/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Emerson, NE (68733)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $184,461
Avg Monthly Rent $864
1% Rule ✗ Does Not Meet
Median Income $67,625
% Renters 24.3%

Market Analysis: 68733 Emerson

Investors eyeing 68733 need to respect the fundamentals at play. Home values of $184K come alongside slower price movement and elevated management overhead.

Rent of $864/mo on a $184K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 68733 sits below the stated 0.0% once reality is priced in.

Statewide comparisons place 68733 among NE's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

The 68733 ZIP's population of 1,196 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.

The right play in 68733 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Emerson:

B Good
Buy Confidence Score: 74/100
Affordability
20/25
Appreciation
22/25
Stability
7/20
Timing
10/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.7× the median income
Value Trend
Rising (+13.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $864/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Sioux City, IA-NE-SD Metro Area
More inventory, negotiating room for buyers
58 days
Average time to sell
Average
10.0%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Sioux City, IA-NE-SD metro data

Market Trends

Home Value History (with trend line)

$198K$170K$142K$114K$86K$58KJun 2009Jan 2018Jul 2026

📊 How Does 68733 Compare?

Metric 68733 Emerson Sioux City, IA-NE-SD Nebraska
Home Value $184,461 $184,461 N/A $269,423
5-Year CAGR 6.1% 6.1% N/A 6.7%
Avg Rent $864 $864 N/A -
Cap Rate 3.7% 3.7% - -
💡 Why Invest in 68733? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 68733 (Emerson, NE). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.7%
Low
5yr Growth
+6.1%
Strong

📊 Market Snapshot

Home Value $184,461
Monthly Rent $864
Price-to-Rent 17.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.6%
Cap Rate 3.7%
5-Year IRR 9.7%

📈 Home Appreciation

1-Year +13.1% ▲
3-Year CAGR +6.8% ▲
5-Year CAGR +6.1% ▲
10-Year CAGR +7.0% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.7%). 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.

Vacancy
7.2%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+6.1%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 68733

Population: 1,196

💰 Median Household Income
$67,625
This area
$67,625
State
$70,851
USA
$74,580
🏠 Renter Occupied
24.3%
This area
24.3%
State
22.7%
USA
34.0%
💼 Unemployment Rate
1.3%
This area
1.3%
State
-5.2%
USA
3.7%
🎓 College Educated
12.7%
This area
12.7%
State
15.7%
USA
33.7%
👤 Median Age
44.9 years
This area
44.9 years
State
33.1 years
USA
38.9 years
🏚️ Vacancy Rate
7.2%
This area
7.2%
State
15.6%
USA
10.5%
👥 Population by Ethnicity
White 87.1%
Other/Mixed 9.6%
Black/African American 2.2%
Hispanic/Latino 1.2%
Asian 1.0%
👶 Under 18
19.5%
This area
19.5%
USA
22.0%
👴 65 and Over
23.3%
This area
23.3%
USA
17.3%
📊 Poverty Rate
8.4%
This area
8.4%
USA
11.5%

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

🎓 Schools in 68733

A+ Avg School Grade
3 Schools
9.3:1 Avg Class Size
$21,715 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

EMERSON-HUBBARD ELEMENTARY SCH

📚 Pre-K – 05 Elementary
👥
101 Students
👨‍🏫
9.3:1 Class Size
💰
$21,715 Per Student
A Very Good

EMERSON-HUBBARD HIGH SCHOOL

📚 09 – 12 High School
👥
72 Students
👨‍🏫
8.7:1 Class Size
💰
$21,715 Per Student
A Very Good

EMERSON-HUBBARD MIDDLE SCHOOL

📚 06 – 08 Middle
👥
50 Students
👨‍🏫
9.8:1 Class Size
💰
$21,715 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

1 Nearby 46 Off-Campus Students
C
Little Priest Tribal College
208 students · 13.4 mi

Frequently Asked Questions

How qualified is the tenant pool in Emerson, NE?

The tenant pool in Emerson, NE is solid, supported by local employment and population fundamentals. Rents of $864/mo are well-absorbed by the market.

What does house hacking look like in Emerson, NE?

The a challenging house-hack environment in Emerson, NE reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

Is housing expensive in Emerson, NE?

Emerson, NE home values average about $184K. That price point suits investors targeting rentals with $864/mo in monthly income.

Where do rents currently stand in Emerson, NE?

The typical rental in Emerson, NE commands about $864/mo monthly. That rent profile stable cash flow against the $184K purchase basis.

How strict are landlord regulations in Emerson, NE?

Emerson, NE operates under NE law, which is landlord-friendly overall for landlords. Expect stable treatment in typical lease and eviction cases.

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How 68733 ranks in Sioux City, IA-NE-SD

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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