Real Estate Investing in North Loup, Nebraska (68859)

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

Valley • Population: 435 • Data updated: September 2026

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Should you buy in 68859 (North Loup, NE)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (57/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

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

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • High vacancy: 22.5% 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 North Loup, NE (68859)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $159,429
Avg Monthly Rent $864
1% Rule ✗ Does Not Meet
Median Income $46,979
% Renters 20.8%

Market Analysis: 68859 North Loup

The 68859 ZIP covers a section of North Loup that demands careful diligence. Prices near $159K look accessible, but the work to make a deal cash flow is real.

The investment case in 68859 is healthy only for operators who understand what they are buying. A $159K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

The gap between 68859 and stronger North Loup ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

A healthy renter share of 21% in 68859 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

Strategically, 68859 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.

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 North Loup:

C+ Average
Buy Confidence Score: 64/100
Affordability
20/25
Appreciation
14/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.4× the median income
Value Trend
Declining (-0.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $864/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)

$182K$160K$139K$117K$95K$73KFeb 2016May 2021Jul 2026

📊 How Does 68859 Compare?

Metric 68859 North Loup Nebraska
Home Value $159,429 $159,429 $269,423
5-Year CAGR 3.0% 3.0% 6.7%
Avg Rent $864 $864 -
Cap Rate 4.2% 4.2% -
💡 Why Invest in 68859? 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 68859 (North Loup, NE). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.2%
Fair
5yr Growth
+3.0%
Slow

📊 Market Snapshot

Home Value $159,429
Monthly Rent $864
Price-to-Rent 15.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.5%
Cap Rate 4.2%
5-Year IRR 7.2%

📈 Home Appreciation

1-Year -0.5% ▼
3-Year CAGR +0.1% ▲
5-Year CAGR +3.0% ▲
10-Year CAGR +6.8% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.2%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.2%). 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
22.5%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+3.0%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 68859

Population: 435

💰 Median Household Income
$46,979
This area
$46,979
State
$70,851
USA
$74,580
🏠 Renter Occupied
20.8%
This area
20.8%
State
22.7%
USA
34.0%
💼 Unemployment Rate
0.2%
This area
0.2%
State
-5.2%
USA
3.7%
🎓 College Educated
23.7%
This area
23.7%
State
15.7%
USA
33.7%
👤 Median Age
50.9 years
This area
50.9 years
State
33.1 years
USA
38.9 years
🏚️ Vacancy Rate
22.5%
This area
22.5%
State
15.6%
USA
10.5%
👥 Population by Ethnicity
White 96.4%
Other/Mixed 2.0%
Hispanic/Latino 1.8%
Asian 1.6%
👶 Under 18
15.6%
This area
15.6%
USA
22.0%
👴 65 and Over
30.2%
This area
30.2%
USA
17.3%
📊 Poverty Rate
5.6%
This area
5.6%
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

What is the average home sale price in North Loup, NE?

Expect median prices around $159K in North Loup, NE. The market has run at a 0.0% 5-year CAGR, so entry costs have been measured.

How strong is North Loup, NE for real estate investors?

North Loup, NE rates 3.0/5 for investability. With median values at $159K and rents near $864/mo, the market offers reasonable fundamentals for rental investors.

How deep is the rental pool in North Loup, NE?

Expect a solid tenant pool in North Loup, NE. The rental market absorbs $864/mo rents without meaningful friction.

Where do rents currently stand in North Loup, NE?

Investors in North Loup, NE typically see rents near $864/mo per month against $159K home values - a solid setup for rental cash flow.

Does a duplex house hack pencil in North Loup, NE?

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

You know 68859 now. You don’t know where it ranks.

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