ZIP Code Market Report
68723 — Carroll, NE
Data through February 2026 · Updated monthly
Avg Home Value
$234,150
▲ 4.9% year-over-year
Month-over-Month
-0.6%
▼ 0.6%
Single Family
$233,355
Condo / Co-op
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The average home value in the 68723 ZIP code (Carroll, NEBRASKA) is $234,150 as of February 2026. Home prices are rising, up 4.9% compared to last year.
The market in 68723 has a $441,581 spread between bottom-tier homes at $99,561 and top-tier homes at $541,142. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Wayne County market area in NEBRASKA. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Wayne County report.
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Market Snapshot
68723 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $237,917 | $235,545 | $234,150 | ▼ 1.6% |
| Single Family Value | $231,611 | $232,588 | $233,355 | ▲ 0.8% |
Home Values
68723 Home Value Trend
Historical home values for ZIP code 68723. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
Property Types
Home Values by Property Type in 68723
How different property types compare in this ZIP code.
All Homes
$234,150
Single Family
$233,355
Bottom Tier
$99,561
Top Tier
$541,142
Data Sources and Methodology
Home value data for ZIP code 68723 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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