Is Sprague, NE 68438 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Sprague is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Sprague housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Lancaster County, NE

Population	176
Median income	$81,250
Average income	$82,078
Median home value	$197,300
Median rent	$1,607/month
Owner-occupied	83% of homes
Median year built	1952

Natural hazard riskTornadoes (very high), winter storms (very high), hail (very high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 68438; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 68438

Prefilled for 68438Can I win this house?Multiple-offer likelihood for a listing Prefilled for 68438Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bennet 68317Seller’s market $166 /sq ft Davey 68336 $158 /sq ft Denton 68339Buyer’s market $272 /sq ft Firth 68358Balanced $221 /sq ft Browse all markets →

Where Sprague is

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Questions about Sprague real estate

What are property taxes in Sprague?

About 1.53% of a home’s value a year in Lancaster County, or roughly $6,120 on a $400,000 home.

Local agents

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More tools for 68438

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Lancaster County property taxes Lancaster County loan limits Closing costs in Nebraska Hottest ZIP codes in Nebraska

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology