Is Lincoln, NE 68508 a buyer’s or seller’s market?
Lincoln is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Lincoln housing market right now
In the three months ending August 31, 2026, 0% of homes in Lincoln, NE 68508 sold above their list price, the typical home went under contract in 61 days and there were 5.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 14 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 13%, homes sold more slowly (43 days then) and the median sale price rose 50% to $315,364. Overall, Lincoln is less competitive than a year ago, which gives buyers more room.
Within Lancaster County, homes here sell more slowly than in 81% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Martell 68404 (100% sold over asking) and Firth 68358 (67% sold over asking) are even more competitive.
Run the numbers for 68508
Nearby markets
Bennet 68317Seller’s market $166 /sq ftDavey 68336 $158 /sq ftDenton 68339Buyer’s market $272 /sq ftFirth 68358Balanced $221 /sq ft Browse all markets →Towns like Lincoln nearby
Find towns like Lincoln in other states →Where Lincoln is
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Questions about Lincoln real estate
Is Lincoln a buyer’s or seller’s market?
A balanced market: there were 5.3 months of supply in Lincoln, NE 68508 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Lincoln?
The typical home went under contract in 61 days in the latest three months.
Do homes in Lincoln sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.9% of the list price.
What are property taxes in Lincoln?
About 1.53% of a home’s value a year in Lancaster County, or roughly $6,120 on a $400,000 home.
What is the median home price in Lincoln?
The median sale price was $315,364 in the three months ending August 31, 2026, about $329 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology