University District, Lincoln, NE—68506
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — University District, Lincoln, NE
As of Oct '25, the median home price in University District, Lincoln, NE is $272,000, with a year-over-year change of 3.0%. This indicates that home prices in University District, Lincoln, NE are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $272,000 | 3.1% |
| Single Family | $277,000 | 3.4% |
| Condos | $180,000 | 4.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $171,000 | 3.6% |
2 Bed | $220,000 | 3.3% |
3 Bed | $285,000 | 3.3% |
4 Bed | $379,000 | 3.0% |
| 5 Bed | $431,000 | 2.1% |
% of Housing Stock
Rental Trends — University District, Lincoln, NE
As of July '25, Rentcast reports the average rent in University District, Lincoln, NE is $1,290, with a year-over-year rent change of 4.9%. Per bedroom, the median rent as of July '25 in University District, Lincoln, NE is studios: $1,100, 1-bedrooms: $904, 2-bedrooms: $1,140, 3-bedrooms: $1,750, 4-bedrooms: $2,320. The most common rental property sizes in University District, Lincoln, NE are 2-bedroom and 1-bedroom, accounting for 39.3% and 33.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,080 | $1,290 |
| Studio Rent | $1,100 | $1,100 |
| 1 Bed Rent | $850 | $904 |
| 2 Bed Rent | $1,100 | $1,140 |
| 3 Bed Rent | $1,600 | $1,750 |
| 4 Bed Rent | $2,450 | $2,320 |
% of Rental Stock
Property Listings — University District, Lincoln, NE
As of Oct '25, Realtor.com reports that the median days on market for a home in University District, Lincoln, NE is 30. This is a decrease of -11.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $295,000 | 4.0% |
Listing Count | 109 | 17.0% |
| Listings as % of Homes | 0.3% | 17.0% |
Days on Market | 30 | -11.0% |
Demographics — University District, Lincoln, NE
As of the latest ACS Survey released in 2023, University District, Lincoln, NE has a population of 27,900, which has decreased by -4.1% over the past 5 years. University District, Lincoln, NE is a moderately popular place for families, as children make up 20.1% of the population. The area has a highly educated workforce, with 45.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,900 | -4.1% |
% Under 18 | 20.1% | -2.4% |
% Seniors | 23.8% | 9.2% |
% WFH | 13.1% | 297.0% |
% w/ College Degree | 45.2% | -4.0% |
As of the latest ACS Survey released in 2023, University District, Lincoln, NE is a predominantly white area, with 81.4% of the population identifying as white. The white population has shrunk by 7.2% in the last 5 years. The second most common race or ethnicity in University District, Lincoln, NE is hispanic, making up 8.0% of the population. Foreign-born residents account for 7.3% of the population in University District, Lincoln, NE, and this percentage has increased by 69.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 81.4% | -7.2% |
% Black | 1.5% | 0.0% |
% Hispanic | 8.0% | 50.9% |
% Asian | 3.6% | 89.5% |
% Foreign Born | 7.3% | 69.8% |
Mortgage and Risk — University District, Lincoln, NE
According to HUD data as of 2023, there were 443 mortgage originations in University District, Lincoln, NE, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in University District, Lincoln, NE. Investor activity is low, as 5.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 443 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — University District, Lincoln, NE
As of 2024, the percent of homes in University District, Lincoln, NE under the Section 8 program is 4.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in University District, Lincoln, NE, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 204 |
Total Units Section 8 | 196 |
% Rentals under Section 8 | 4.4% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $130 | $850 | $980 |
| 2 Bedroom | $110 | $1,100 | $1,210 |
| 3 Bedroom | $100 | $1,600 | $1,700 |
| 4 Bedroom | -$640 | $2,450 | $1,810 |
Affordability — University District, Lincoln, NE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $272,000 |
| Median Household Income | $70,500 |