Martell, Nebraska.
Typical home $559,823 (+8.7% in a year). Lincoln, NE metro.
to buy the typical home at today's mortgage rate — +$1,728 (+143%) since Jan 2020.
- 1 year
- Up $44,651 +9%
- $515,172$559,823 since Sep 2025
- 5 years
- Up $154,431 +38%
- $405,393$559,823 since Sep 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.
- Martell$2,938
- Nebraska$1,461
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 11 years.
Typical home values in Martell, NE rose 8.7% over the past year — faster than the nation's +1.2%.
Living in Martell, Lancaster County, Nebraska
Martell, in Lancaster County, had 125 people in the 2020 census. Half its households earn more than $134,115 a year and half less, against $74,793 across Lancaster County. Unemployment in Lancaster County was 2.6% in August 2026, and the county had 0.9% more jobs in 2025 than the year before. The most people in Lancaster County work in schools and health care, then shops.
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 It can be wrong or out of date.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. Martell is a very small community in Lancaster County, Nebraska, with only a handful of households by town standards. Household incomes here run well above the county's, and typical home values are high too. Winters are cold, with January the coldest month and a fair amount of snow, while July is the warmest and summers turn properly hot.
Work. Many residents work in schools, hospitals and social care, with shops, professional and business services, and manufacturing also common. Across Lancaster County, the largest workplaces include the University of Nebraska-Lincoln, Lincoln Public Schools and Bryan Medical Center. Unemployment across the county is low and a little lower than a year earlier, and the number of jobs has edged up.
Things to do. Salt Creek, a river, runs in or beside town, and Bluestem State Recreation Area, a protected area, is close by as well. A short drive away are Wilderness Park, another protected area, and Conestoga Lake, a reservoir. For a longer outing, Memorial Stadium and the Sheldon Museum of Art are a longer drive away.
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What people in Lancaster County work in
Employed residents by industry, from the Census survey. Lancaster County had 176,943 jobs in 2025, 0.9% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 34° and lows near 14°; warmest in July, with highs near 86° and lows near 65°. About 25 inches of snow and 31 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Crete 4ESE weather station, 6 miles away (NOAA).
Largest workplaces in Lancaster County
- University of Nebraska-LincolnUniversity or college6,502
- Lincoln Public SchoolsSchool district6,162FTE
- Bryan Medical CenterGeneral hospital3,659FTE
- Kawasaki Motors Manufacturing Corp., U.S.A., Consumer Products1,633
- Duncan Aviation LNKAircraft maintenance and repair services1,593
- Southeast Community College AreaTwo-year college1,187
- Sandhills PublishingTrade magazine and periodical publishers and printing combined1,059
- ZoetisVaccines manufacturing992
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 267 workplaces with 20 or more staff, 35,019 people in all across the county; Martell has none of its own. Colleges come from IPEDS (NCES, 2023–24), school districts from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); 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
- TornadoesVery high
- WildfireRelatively high
- Winter weatherRelatively high
- DroughtRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Martell’s census tracts, against the rest of the country; all of them together, relatively moderate. 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 Lancaster County and the Lincoln, NE metro.
Martell home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Martell$559,823
- Nebraska$278,299
- United States$366,157
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.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Martell8
Zip codes with a Martell address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Martell — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.