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Malmo village, NE

ZIP 68040 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Low Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 68040

Median Home Value
$265,400
Median Rent
N/A
Affordability Snapshot
$73,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,705/mo PITI).

To comfortably buy a median-priced home in ZIP 68040 in Malmo village, NE, a household would need roughly $73,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,705. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 33% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
99.4%+52% vs US avg
x
Vacancy Rate
32.9%+220% vs US avg
x
Broadband Access
93.4%+7% vs US avg
x
4+ Bedrooms
12.8%-13% vs US avg
x
Built Pre-1939
4.0%-69% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
0.0%
x
Mortgage-Free
45.8%+20% vs US avg
x
$265,400
Home Value
N/A
Rent
1971
Year Built
2004
Moved In

Residents have lived here since ~2004 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached69.9%
  • 1-unit attached0.0%
  • 2-9 units0.0%
  • 10+ units0.0%
  • Mobile home & other30.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$265,400
Median rent$-666,666,666
Owner-occupied99.4%
Vacant32.9%
Est. income to buy$73,000