Real Estate Investing in Gresham, Nebraska (68367)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68367 (Gresham, NE)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 23.3% 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 Gresham, NE (68367)?
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Market Analysis: 68367 Gresham
In practical terms, ZIP 68367 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $224K median. It rewards specialists, not generalists.
Turning to rents, the numbers look inviting — $224K purchase price, 0.0% nominal cap — the work to hit that pro forma in 68367 is substantial and deserves full respect.
Nearby ZIPs in Gresham have seen price recovery that 68367 has not matched. York County data supports the view that the spread is structural rather than temporary.
Resident income in 68367 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 68367 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 Gresham:
Market Trends
Home Value History (with trend line)
📊 How Does 68367 Compare?
| Metric | 68367 | Gresham | Lincoln, NE | Nebraska |
|---|---|---|---|---|
| Home Value | $223,606 | $223,606 | N/A | $269,423 |
| 5-Year CAGR | 5.1% | 5.1% | N/A | 6.7% |
| Avg Rent | $864 | $864 | N/A | - |
| Cap Rate | 3.0% | 3.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 68367 (Gresham, NE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $223,606 |
| Monthly Rent | $864 |
| Price-to-Rent | 21.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 8.1% |
📈 Home Appreciation
| 1-Year | +6.1% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 10-Year CAGR | N/A |
🏠 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 (3.0%). 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 68367
Population: 335
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 strategy should investors use in Gresham, NE?
Investors usually favor careful cash-flow rentals with hands-on management in Gresham, NE. With home values at $224K and rents near $864/mo, other strategies can work but produce stable rather than outsized returns.
How much is rent in Gresham, NE?
Rents in Gresham, NE run near $864/mo. Compared with median home prices of $224K that produces solid gross yields for typical rentals.
What is the typical home price in Gresham, NE?
In Gresham, NE the median home value sits at $224K. Against the broader NE market, that reads as reasonable for most investors.
Are renters plentiful in Gresham, NE?
Gresham, NE draws a consistent base of working renters. Demand at the $864/mo rent level is reasonable for standard single-family and small multi rentals.
What kind of market is Gresham, NE for investors?
Our data puts Gresham, NE at 3.0/5 for investability. Home prices of $224K and rents around $864/mo create a solid backdrop for investor activity.
You know 68367 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 68367 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 68367 ranks in Lincoln, NE
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