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

$135,000

$125/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$6,500(-4.6%)

Key Takeaway

Homes in 68111 have sold for 4.6% less than they did a month ago.

Summary: The median home sold price in 68111 was $135,000 in October 2024, down 4.6% from last month, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $60K$93K
+55.0%
2 $94.7K$112.4K
+18.7%
3 $163K$162.5K
-0.3%
4 $170K$189.5K
+11.5%
5+ $220K-
N/A

Summary: 68111 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes increased by 55%, 2 bedroom homes increased by 18.7%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

68102
+128.6%
68131
+9.7%
68104
0.5%
68111
-4.6%
68110
-16.7%

Housing Supply in 68111, NE

How many homes are available in 68111, NE?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
87107+23.0%

Summary: The 68111 real estate market had 107 homes for sale in October 2024, a 23.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 32
-33.3%
2 1823
+27.8%
3 3952
+33.3%
4 2529
+16.0%
5+ 21
-50.0%

Summary: The 68111 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 27.8%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 16%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1828+55.6%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

9 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. 44% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in 68111 in October 2024, up by 55.6% month-over-month. Of the 25 sold homes, 44% were sold under asking, 20% were sold at asking, and 36% 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

Sep 2024Oct 2024CHANGE
22 Days18 Days-16.6%

Summary: Homes in 68111 had an average of 18 days on market in Oct 2024, down by 16.6% compared to last month.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 October 2024, 28 homes were sold in 68111; 79% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in 68111, NE

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