Real Estate Investing in Madison, Nebraska (68748)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68748 (Madison, 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.
- Elevated vacancy: 8.7% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Madison, NE (68748)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 68748 Madison
ZIP 68748 inside Madison County looks affordable on the surface — median value of $221K — but the discount exists for reasons that a careful buyer should understand before committing.
Turning to rents, the numbers look inviting — $221K purchase price, 0.0% nominal cap — the work to hit that pro forma in 68748 is substantial and deserves full respect.
Regionally, 68748 sits on the difficult end of the NE spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
Who lives in 68748 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 68748 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 Madison:
Property Strategy for 68748
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $152,989 | $970 | 4.6% | +7.1% | $76,494 |
| 3BR | $209,078 | $1,260 | 4.3% | +6.8% | $69,693 |
| 4BR | $240,124 | $1,490 | 4.5% | +5.9% | $60,031 |
Market Trends
Home Value History (with trend line)
📊 How Does 68748 Compare?
| Metric | 68748 | Madison | Norfolk, NE | Nebraska |
|---|---|---|---|---|
| Home Value | $220,856 | $220,856 | N/A | $269,423 |
| 5-Year CAGR | 5.9% | 5.9% | N/A | 6.7% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
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 68748 (Madison, NE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $220,856 |
| Monthly Rent | $873 |
| Price-to-Rent | 21.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.7% |
| Cap Rate | 3.1% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | +5.9% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 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 (3.1%). 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 68748
Population: 2,698
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 68748
Schools in This ZIP Code
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.
Frequently Asked Questions
Is Madison in NE worth investing in?
Our data puts Madison, NE at 3.0/5 for investability. Home prices of $221K and rents around $873/mo create a solid backdrop for investor activity.
What is the typical rental rate in Madison, NE?
Investors in Madison, NE typically see rents near $873/mo per month against $221K home values - a solid setup for rental cash flow.
What kind of vacancy should I budget for in Madison, NE?
Occupancy in Madison, NE runs predictable with elevated vacancy. Well-priced units at $873/mo lease on reasonable timelines.
Can I live-in-and-rent in Madison, NE?
House hacking in Madison, NE is a challenging. With home values around $221K and rents at $873/mo, owner-occupants can offset a meaningful share of PITI.
What is it like being a landlord in Madison, NE?
NE ranks as a landlord-friendly state for landlord-tenant law. Madison generally follows the statewide framework, so landlords face reasonable operating rules.
You know 68748 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 68748 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 68748 ranks in Norfolk, NE
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