Is 68111, NE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 68111 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 68111 has remained a Seller's Market.

Key Takeaway

68111 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 68111, NE

How much do homes in 68111, NE cost?

Median Sold Price

$175,000

$134/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$50,000(+40.0%)

Key Takeaway

Homes in 68111 have sold for 40% more than they did a month ago.

Summary: The median home sold price in 68111 was $175,000 in November 2024, up 40% from last month, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $93K-
N/A
2 $99.9K$153.5K
+53.5%
3 $162.5K$186.2K
+14.6%
4 $169K$181K
+7.1%
5+ --
N/A

Summary: 68111 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 53.5%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

68111
+40.0%
68104
+13.4%
68110
-7.3%
68131
-11.8%
68102
-61.0%

Housing Supply in 68111, NE

How many homes are available in 68111, NE?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9196+5.5%

Summary: The 68111 real estate market had 96 homes for sale in November 2024, a 5.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 2418
-25.0%
3 4247
+11.9%
4 2326
+13.0%
5+ 04
+100.0%

Summary: The 68111 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2923-20.7%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 68111, you may be able to get a good deal. 61.9% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 68111 in November 2024, down by 20.7% month-over-month. Of the 21 sold homes, 62% were sold under asking, 24% were sold at asking, and 14% were sold over asking.

Days on Market for 68111, NE

How long does it take to sell a home in 68111, NE?

Average Sale Time

Oct 2024Nov 2024CHANGE
16 Days28 Days+73.9%

Summary: Homes in 68111 had an average of 28 days on market in Nov 2024, up by 73.9% compared to last month.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 68111 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 23 homes were sold in 68111; 52% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in 68111, NE

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