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Housing in Cedar Creek

A typical Cedar Creek home is worth about $373,000

Up 6.5% in a year, 33% above the Nebraska typical home.

Typical home value
$373K
▲ 6.5% in a year · NE $281K
Zillow
Median sale price
$290K
May 2026 · Redfin
Homes sold
2
in May
2-bedroom rent
$1,560
a month, utilities in · HUD
Median tax bill
$4,636
NE $3,549

Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.

What kind of housing town is Cedar Creek?

Read from the numbers below. The page puts what stands out first.

★ What stands out · The homes

96% of Cedar Creek households own their home

Half of Cedar Creek’s homes were built before 1978.

Owners and renters
Own 96%Rent 4%

Nebraska: 67% own.

1978
typical home built · NE 1975
$4,636
median property tax bill · NE $3,549
56%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Price trend

Up 33.9% in five years

Faster than Nebraska (25.6%).

Cedar CreekNebraska
$150K$200K$250K$300K$350K$400K20182020202220242026
Show as a table
JanuaryCedar CreekNebraska
2017$199,000$157,000
2018$212,000$167,000
2019$227,000$176,000
2020$236,000$187,000
2021$257,000$205,000
2022$287,000$227,000
2023$312,000$248,000
2024$315,000$259,000
2025$342,000$270,000
2026$364,000$278,000
August 2026$373,000$281,000
Then & now

A typical Cedar Creek home worth $195K in September 2016 is worth about $373K today.

+$178K
+6.5%
past year
+33.9%
past 5 years
+91.4%
since 2016

Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.

Affordability

What it takes to buy in Cedar Creek

Try your own numbers below.

You could afford about
$274,000
Typical Cedar Creek home $373K

That’s $99K short of a typical Cedar Creek home.

The typical home, each month
$2,420
Loan $1,850Tax $460Insurance $110

A two-bedroom rents for about $1,560 a month here, $860 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Nebraska typical property tax (1.49% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,560

Fair Market Rent a month, utilities included

Studio$1,240
1 bedroom$1,310
2 bedrooms$1,560
3 bedrooms$2,070
4 bedrooms$2,330
4%
of households rent · NE 34%
6
renter households

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Omaha-Council Bluffs, NE-IA HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Neighbors talk housing

What Cedar Creek buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Cedar Creek still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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