Is 68118, NE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 68118 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 68118 has remained a Seller's Market.

Key Takeaway

68118 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 68118, NE

How much do homes in 68118, NE cost?

Median Sold Price

$398,000

$137/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$62,000(+18.5%)

Key Takeaway

Homes in 68118 have sold for 18.5% more than they did a month ago.

Summary: The median home sold price in 68118 was $398,000 in November 2024, up 18.5% from last month, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $277.5K$255K
-8.1%
3 $302.5K$374K
+23.6%
4 $436.7K$402.5K
-7.8%
5+ -$451K
N/A

Summary: 68118 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 decreased by 8.1%, 3 bedroom homes increased by 23.6%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

68130
+28.9%
68118
+18.5%
68022
+18.5%
68154
+5.7%
68116
-12.3%

Housing Supply in 68118, NE

How many homes are available in 68118, NE?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3830-21.1%

Summary: The 68118 real estate market had 30 homes for sale in November 2024, a 21.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 75
-28.6%
3 117
-36.4%
4 1511
-26.7%
5+ 57
+40.0%

Summary: The 68118 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.6%, 3 bedroom homes decreased by 36.4%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1410-28.6%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 68118, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 68118 in November 2024, down by 28.6% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.

Days on Market for 68118, NE

How long does it take to sell a home in 68118, NE?

Average Sale Time

Oct 2024Nov 2024CHANGE
16 Days15 Days-8.3%

Summary: Homes in 68118 had an average of 15 days on market in Nov 2024, down by 8.3% compared to last month.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 68118 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in 68118; 80% of homes were sold within 30 days, 20% 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 68118, NE

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