Malmo NE Homes for Sale

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Single Family
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28.81 Acres
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Escape to your private paradise just 50 minutes west of Omaha, Nebraska. This 27-acre estate with a 35 acre private lake where you can fish, kayak or paddle board boasts a captivating 1933 two-story house with five bedrooms, 2 full bathrooms, and a spacious 2-car detached garage, along with a separate single-car garage. There is just under a mile of gravel road, setting the stage for the serenity that awaits. Step inside the timeless home to discover a seamless blend of vintage charm and modern comforts. The kitchen featuring quartz countertops, a gas stove, and an abundance of dark wood cabinets. There is beautiful wood floors throughout, adding warmth and character to every room. Unwind on the porch, where panoramic views of the surrounding 27 acres unfold before you. The five bedrooms provide ample space for family, guests, or a home office. Don't miss this opportunity for your private acreage!

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Andrea D. Conner, License 20180042, Xome Inc., License 20180042,, 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067

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Malmo Real Estate

The median home value in Malmo, NE is $131,700. This is lower than the county median home value of $187,500. The national median home value is $219,700. The average price of homes sold in Malmo, NE is $131,700. Approximately 64.79% of Malmo homes are owned, compared to 8.45% rented, while 26.76% are vacant. Malmo real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Malmo real estate agent to arrange a tour today!

Malmo, Nebraska 68040 has a population of 227. Malmo 68040 is more family-centric than the surrounding county with 54.64% of the households containing married families with children. The county average for households married with children is 33.93%.

The median household income in Malmo, Nebraska 68040 is $82,500. The median household income for the surrounding county is $65,015 compared to the national median of $57,652. The median age of people living in Malmo 68040 is 25.6 years.

Malmo Weather

The average high temperature in July is 86.8 degrees, with an average low temperature in January of 12.4 degrees. The average rainfall is approximately 31 inches per year, with 26.5 inches of snow per year.

Malmo Real Estate Market Conditions

  • Median sales price

  • # Active listings

    30-day change

Malmo Schools and Demographics

Education near Malmo, NE

Metric City County
High School Graduates 83.76 93.05
College Degree - 2 year 10.26 11.9
College Degree - 4 year 8.55 26.45
Graduate Degree 4.27 6.63
Expenditures per Student 12,419 12,408
Students per Teacher 14 13.2

Elementary Schools near Malmo, NE

School Grades Students P/T Ratio ZIP
Cedar Bluffs Elementary School PK - 05 118 14.8 68015
Cedar Bluffs Preschool PK - PK 39 19.5 68015
Mead Elementary School PK - 06 154 13.3 68041
Wahoo Elementary School PK - 05 458 14.1 68066
Wahoo Pre-School PK - PK 48 18.5 68066

Middle Schools near Malmo, NE

School Grades Students P/T Ratio ZIP
Cedar Bluffs Middle School 06 - 08 53 12.5 68015
Wahoo Middle School 06 - 08 206 16 68066

High Schools near Malmo, NE

School Grades Students P/T Ratio ZIP
Cedar Bluffs High School 09 - 12 77 9.9 68015
Mead High School 07 - 12 99 8 68041
Wahoo High School 09 - 12 291 12.6 68066

Demographics near Malmo, NE 68040

Metric Zip Code City
Neighborhood Type Rural
Population 227 20,953
Population Density 1,669 28
Median Age 25.6 41
People per Household 4.4 2.5
Median Household Income 82,500 65,015
Average Income per Capita 21,162 31,163