Real Estate Investing in Union, Nebraska (68455)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68455 (Union, 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: 37.7% 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 Union, NE (68455)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 68455 Union
This part of Cass County is not an easy win. The 68455 ZIP posts softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed markets are won on execution, not on spreadsheets. ZIP 68455 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Nearby ZIPs in Union have seen price recovery that 68455 has not matched. Cass County data supports the view that the spread is structural rather than temporary.
Employment concentration in 68455 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. healthy returns are possible in 68455, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Union:
Property Strategy for 68455
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $343,990 | $1,880 | 3.9% | +7.3% | $171,995 |
| 3BR | $371,393 | $2,490 | 4.8% | +7.0% | $123,798 |
Market Trends
Home Value History (with trend line)
📊 How Does 68455 Compare?
| Metric | 68455 | Union | Nebraska |
|---|---|---|---|
| Home Value | $363,702 | $363,702 | $269,423 |
| 5-Year CAGR | 5.5% | 5.5% | 6.7% |
| Avg Rent | $1,692 | $1,692 | - |
| Cap Rate | 3.6% | 3.6% | - |
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 68455 (Union, NE). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 68455 (Union, NE)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $363,702 |
| Monthly Rent | $1,692 |
| Price-to-Rent | 17.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.6% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | +6.6% ▲ |
| 3-Year CAGR | +5.4% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +7.5% ▲ |
🏠 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 (3.6%). 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 68455
Population: 844
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
Is real estate in Union, NE a good investment right now?
Investors tracking Union, NE will find a 3.0/5 rating supported by $364K median home values and $1,692/mo rents. That profile suits long-term holders targeting measured returns.
What is the smart move for investors in Union, NE?
A careful cash-flow rentals with hands-on management strategy Union, NE best. The market produces even-keeled results for that approach at the $364K price point.
Does a duplex house hack pencil in Union, NE?
House hacking in Union, NE is reasonable to execute. Prices around $364K and rents of $1,692/mo solid owner-occupant economics.
Do rentals sit vacant long in Union, NE?
Union, NE vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
How much does a house cost in Union, NE?
Median home price in Union, NE is near $364K, with a 5-year CAGR of 0.0%. Prices have been measured and supportive of buy-and-hold strategies.
You know 68455 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 68455 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 68455 ranks in Omaha-Council Bluffs, NE-IA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 68455 (Union)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 68455 (Union, NE).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.