Real Estate Investing in Talmage, Nebraska (68448)

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

Otoe County • Population: 263 • Data updated: September 2026

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Should you buy in 68448 (Talmage, NE)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (75/100)

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

📈 For Investors
MIXED
3.0 / 5 (52/100)

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

⚠️ Risks to Know
1 flag
  • High vacancy: 14.0% 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 Talmage, NE (68448)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $175,937
Avg Monthly Rent $1,197
1% Rule ✗ Does Not Meet
Median Income $58,958
% Renters 14.0%

Market Analysis: 68448 Talmage

Not every below-median market is a bargain. Talmage's 68448 ZIP shows signals that favor experienced operators who can absorb the risk $176K pricing implies.

The 68448 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

Within NE, ZIP 68448 trails on several market indicators that neighboring Otoe County submarkets outperform. The gap is real and notable enough to shape underwriting.

Employment concentration in 68448 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

Strategy in 68448 is an operator game, not a passive one. Looking more closely, entry prices of $176K are inviting, the management lift is real and non-optional.

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 Talmage:

B Good
Buy Confidence Score: 72/100
Affordability
20/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Affordable
Homes cost 3× the median income
Value Trend
Rising (+9.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,197/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.

Market Trends

Home Value History (with trend line)

$197K$171K$145K$119K$93K$67KAug 2011Feb 2019Jul 2026

📊 How Does 68448 Compare?

Metric 68448 Talmage Nebraska
Home Value $175,937 $175,937 $269,423
5-Year CAGR 5.8% 5.8% 6.7%
Avg Rent $1,197 $1,197 -
Cap Rate 5.3% 5.3% -
💡 Why Invest in 68448? Click to expand

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

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 68448 (Talmage, NE). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
5.3%
Fair
5yr Growth
+5.8%
Moderate

📊 Market Snapshot

Home Value $175,937
Monthly Rent $1,197
Price-to-Rent 12.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 8.2%
Cap Rate 5.3%
5-Year IRR 11.1%

📈 Home Appreciation

1-Year +9.2% ▲
3-Year CAGR +5.5% ▲
5-Year CAGR +5.8% ▲
10-Year CAGR +6.0% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 5.3%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.3%). 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.

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⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
14.0%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.8%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 68448

Population: 263

💰 Median Household Income
$58,958
This area
$58,958
State
$70,851
USA
$74,580
🏠 Renter Occupied
14.0%
This area
14.0%
State
22.7%
USA
34.0%
💼 Unemployment Rate
4.8%
This area
4.8%
State
-5.2%
USA
3.7%
🎓 College Educated
16.0%
This area
16.0%
State
15.7%
USA
33.7%
👤 Median Age
55.0 years
This area
55.0 years
State
33.1 years
USA
38.9 years
🏚️ Vacancy Rate
14.0%
This area
14.0%
State
15.6%
USA
10.5%
👥 Population by Ethnicity
White 100.0%
👶 Under 18
18.5%
This area
18.5%
USA
22.0%
👴 65 and Over
31.8%
This area
31.8%
USA
17.3%
📊 Poverty Rate
7.2%
This area
7.2%
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

Frequently Asked Questions

Are there empty rentals in Talmage, NE?

Talmage, NE sees elevated vacancy, which is reasonable relative to the broader NE rental market.

Is housing expensive in Talmage, NE?

Talmage, NE median home values land near $176K. That is reasonable territory for investors looking at $1,197/mo-per-month rentals.

Should investors consider Talmage, NE?

The 3.0/5 investability rating in Talmage, NE reflects its $176K prices and $1,197/mo rents. Investors generally consider it a solid option within NE.

How strong is tenant demand in Talmage, NE?

Working renters make up the core of the Talmage, NE tenant base. The pool is reasonable for investors targeting long-term holds.

Where do rents currently stand in Talmage, NE?

Investors in Talmage, NE typically see rents near $1,197/mo per month against $176K home values - a solid setup for rental cash flow.

You know 68448 now. You don’t know where it ranks.

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