Real Estate Investing in Superior, Nebraska (68978)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68978 (Superior, NE)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 19.3% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Superior, NE (68978)?
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Market Analysis: 68978 Superior
The 68978 ZIP covers a section of Superior that demands careful diligence. Prices near $98K look accessible, but the work to make a deal cash flow is real.
Distressed markets are won on execution, not on spreadsheets. ZIP 68978 reports the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Statewide comparisons place 68978 among NE's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Stepping back, 2,382 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategically, 68978 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.
Here's what matters if you're considering buying a home in Superior:
Property Strategy for 68978
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $59,006 | $980 | 12.0% | +3.6% | $29,503 |
| 3BR | $129,377 | $1,200 | 6.7% | +5.9% | $43,126 |
| 4BR | $148,670 | $1,310 | 6.3% | +5.6% | $37,167 |
Market Trends
Home Value History (with trend line)
📊 How Does 68978 Compare?
| Metric | 68978 | Superior | Nebraska |
|---|---|---|---|
| Home Value | $98,237 | $98,237 | $269,423 |
| 5-Year CAGR | 3.6% | 3.6% | 6.7% |
| Avg Rent | $882 | $882 | - |
| Cap Rate | 7.0% | 7.0% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 68978 (Superior, NE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $98,237 |
| Monthly Rent | $882 |
| Price-to-Rent | 9.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.8% |
| Cap Rate | 7.0% |
| 5-Year IRR | 10.6% |
📈 Home Appreciation
| 1-Year | +9.4% ▲ |
| 3-Year CAGR | +0.5% ▲ |
| 5-Year CAGR | +3.6% ▲ |
| 10-Year CAGR | +4.5% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (7.0%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 68978
Population: 2,382
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 68978
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
What do rentals go for in Superior, NE?
Rental rates in Superior, NE average $882/mo. Tenant demand and $98K home values make the yield look reasonable by investor standards.
Does a duplex house hack pencil in Superior, NE?
The a challenging house-hack environment in Superior, NE reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
What approach is best for Superior, NE real estate?
The best-fit strategy in Superior, NE is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
What is the average home sale price in Superior, NE?
Expect median prices around $98K in Superior, NE. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.
What is the rental occupancy rate in Superior, NE?
Superior, NE vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
You know 68978 now. You don’t know where it ranks.
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Community Ratings
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