Zip lookup · NE

68940
Funk, Nebraska.

Funk, Phelps County, NE · population 518

What it costs per month · 68940 $1,516/mo

to buy the typical home at today's mortgage rate — +$787 (+108%) since Feb 2021.

What the home itself did
1 year
Down $234 -0%
$294,942$294,708 since Aug 2025
5 years
Up $64,300 +28%
$230,408$294,708 since Aug 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 68940 $1,516 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 68940$1,516
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 14 years.

Typical home values in zip 68940 fell 0.1% over the past year — slower than the nation's +1.2%.

Zillow also publishes an index for the city itself: Funk, NE — measured over the city limits, which is a different area from this zip.

Typical home value $294,708 as of Aug 2026
-0.1%year on year

Typical home value — 68940

Mid-tier homes, smoothed and seasonally adjusted.

$250,000 $300,000 $350,000 2021 2022 2023 2024 2025 2026 68940 $294,708 United States $365,856
$250,000 $300,000 $350,000 2022 2024 2026
  • 68940$294,708
  • United States$365,856

Within 20 miles

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
7.3 68924 Axtell 1,348 — $278,000
10.5 68949 Holdrege 6,662 — $203,140
13.0 68845 Kearney 20,536 $1,638 $347,137
13.3 68958 Loomis 613 — $244,528
13.5 68836 Elm Creek 1,908 — $275,919
14.6 68982 Wilcox 591 — $234,065
18.0 68959 Minden 4,048 — $228,986
18.1 68847 Kearney 18,354 — $290,993
19.4 68947 Hildreth 664 — $196,646
19.8 68927 Bertrand 1,130 — $218,836

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.