ZIP Code 68038 — Oakland, NE Home Prices (2026)
The typical home in ZIP 68038 (Oakland, Nebraska) is worth about $190,000 at roughly $101 per square foot — about the same as the Oakland median and 35% more affordable than the typical U.S. home.
How 68038 compares
ZIP 68038 is a mid-priced ZIP code for Oakland: its typical home value of $190,000 ranks #2 of the 3 Oakland ZIP codes we track (the citywide range runs from $180,000 in 68063 to $197,000 in 68045). Per square foot it costs about $101, against $112 for Oakland as a whole, $141 for Nebraska, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 68038 | $190,000 | $101 |
| Oakland, NE | $190,000 | $112 |
| Nebraska | $239,000 | $141 |
| United States | $294,000 | $195 |
Home value by size in 68038
Using this ZIP’s rate of about $101 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $101,000 |
| 1,500 sq ft | $151,500 |
| 2,000 sq ft | $202,000 |
| 2,500 sq ft | $252,500 |
| 3,000 sq ft | $303,000 |
Salary needed to buy a home in ZIP 68038
To buy the typical $190,000 home in ZIP 68038 with 20% down, you need a household income of roughly $52,000 a year (about $1,210 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $61,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $9,500 | $1,500/mo | $64,000/yr |
| 10% (+PMI) | $19,000 | $1,430/mo | $61,000/yr |
| 20% | $38,000 | $1,210/mo | $52,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 68038
At about $101 per square foot, here is roughly how much home different budgets get you in ZIP 68038:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 1490 sq ft | below the local median — condos, smaller or older homes |
| $200k | 1980 sq ft | around the typical home here |
| $250k | 2480 sq ft | above the median — larger homes or the pricier ZIPs |
| $300k | 2970 sq ft | above the median — larger homes or the pricier ZIPs |
| $400k | 3960 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 68038 home.
Estimate a specific home in 68038
The estimator below is pre-set to ZIP 68038 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Oakland ZIP codes by home value
Where 68038 sits among Oakland’s 3 ZIP codes:
ZIP 68038 home prices: frequently asked
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See the full Oakland home values page, all Nebraska cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.