Funk, Nebraska.
Typical home $289,449 (-0.5% in a year).
to buy the typical home at today's mortgage rate — +$757 (+103%) since Feb 2021.
- 1 year
- Down $1,403 -0%
- $290,853$289,449 since Aug 2025
- 5 years
- Up $57,579 +25%
- $231,870$289,449 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.
- Funk$1,489
- Nebraska$1,461
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 16 years.
Typical home values in Funk, NE fell 0.5% over the past year — slower than the nation's +1.2%.
Living in Funk, Phelps County, Nebraska
Funk is a village of 175 people in Phelps County. 98% of its homes are lived in by their owners and 2% are rented. Unemployment in Phelps County was 2.2% in August 2026, and the county had 0.6% more jobs in 2025 than the year before. The most people in Phelps County work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Funk is a very small village in Phelps County, Nebraska, where nearly every home is lived in by its owner. Typical home values sit well within reach of what the county's incomes can support, and fewer residents live below the poverty line than in many places. Winters are cold, with January the coldest month, and summers turn warm, with July the warmest. Snow falls through the winter and the year brings a fair amount of moisture overall.
Work. Residents work mostly in schools, hospitals and social care, in manufacturing, in farming, forestry and mining, and in the building trades. Across Phelps County, the largest workplaces include embecta Holdrege, which makes hypodermic needles and syringes, Phelps Memorial Health Center, a critical access hospital, and Allmand, which makes street lighting fixtures. Commutes are short, few people work from home, and unemployment across the county is low and holding steady from a year earlier.
Things to do. The best known place nearby is Fort Kearny, a historic fort a longer drive away. Pioneer Village, a museum, and the Museum of Nebraska Art are also a longer drive away. For time outdoors, Harlan County Reservoir is a reservoir, likewise a longer drive from Funk.
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- 22%of adults have a degree
- 7%below the poverty line
- 17 mintypical commute
- 4%work from home
What people in Phelps County work in
Employed residents by industry, from the Census survey. Phelps County had 4,856 jobs in 2025, 0.6% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 37° and lows near 13°; warmest in July, with highs near 87° and lows near 62°. About 25 inches of snow and 28 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Holdrege weather station, 7 miles away (NOAA).
Largest workplaces in Phelps County
- embecta HoldregeHypodermic needles and syringes manufacturing462
- Phelps Memorial Health CenterCritical access hospital241FTE
- AllmandStreet lighting fixtures manufacturing168
- Holdrege Public SchoolsSchool district158FTE
- Loomis Public SchoolsSchool district58FTE
- Bertrand Public SchoolsSchool district53FTE
- SpartanNashSupermarkets and other grocery except convenience stores51
- Hy-VeeSupermarkets and other grocery except convenience stores43
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 8 workplaces with 20 or more staff, 1,133 people in all across the county; Funk has none of its own. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- HailVery high
- Strong windVery high
- DroughtVery high
- Winter weatherVery high
- Ice stormsRelatively high
- TornadoesRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Funk’s census tracts, against the rest of the country; all of them together, very high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Phelps County.
Funk home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Funk$289,449
- Nebraska$277,559
- United States$365,856
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Zip codes with a Funk address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Funk — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.