68405 — Milford, NE Home Values
Typical home value $323,635 as of June 2026 · 23rd of 45 in Lincoln, NE
Blue: typical home value (Zillow ZHVI) in ZIP code 68405, June 2021 to June 2026. This page shows observed data only; no forecast.
How 68405 compares in the Lincoln, NE area
ZIP code 68405 (Milford, NE) has a typical home value of $323,635 as of June 2026, ranking 23rd of 45 ZIP codes tracked in the Lincoln, NE area, more expensive than about 51% of ZIP codes in the metro. Prices here have moved +9.4% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +36.0%, from $237,965 in June 2021 to $323,635 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Lincoln, NE forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Lincoln.
Population and demographics
ZIP code 68405 has a population of 3,511, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 94.1% White, 2% Hispanic or Latino, 1.9% two or more races, 1.3% Black or African American, 0.4% Native Hawaiian or Pacific Islander, 0.1% American Indian or Alaska Native, and 0.1% Asian.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| MILFORD HIGH SCHOOL | 301 G STREET, MILFORD, NE | 1 mi |
| MILFORD ELEMENTARY SCHOOL | 1200 WEST 1ST STREET, MILFORD, NE | 1.1 mi |
| DORCHESTER HIGH SCHOOL | 506 W 9TH, DORCHESTER, NE | 8.2 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 68405?
$323,635 as of June 2026, the latest month Zillow has published observed data for.
Is 68405 an expensive ZIP code in the Lincoln, NE area?
68405 ranks 23rd of 45 ZIP codes in the Lincoln, NE area by typical home value, more expensive than about 51% of ZIP codes in the metro.
How much have home values in 68405 changed over the past year?
+9.4% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 68405?
3,511, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 68405?
MILFORD HIGH SCHOOL (1 mi), MILFORD ELEMENTARY SCHOOL (1.1 mi), DORCHESTER HIGH SCHOOL (8.2 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 68405?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Lincoln, NE forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.