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

$347,000

$154/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$103,000(-22.9%)

Key Takeaway

Homes in 68118 have sold for 22.9% less than they did a month ago.

Summary: The median home sold price in 68118 was $347,000 in October 2024, down 22.9% from last month, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $400K$277.5K
-30.6%
3 $350K$295K
-15.7%
4 $517.5K$436.7K
-15.6%
5+ $451K-
N/A

Summary: 68118 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 30.6%, 3 bedroom homes decreased by 15.7%, 4 bedroom homes decreased by 15.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

68116
+12.6%
68154
+3.7%
68022
-2.5%
68130
-11.1%
68118
-22.9%

Housing Supply in 68118, NE

How many homes are available in 68118, NE?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4137-9.8%

Summary: The 68118 real estate market had 37 homes for sale in October 2024, a 9.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 88
0.0%
3 1011
+10.0%
4 1314
+7.7%
5+ 104
-60.0%

Summary: The 68118 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 60%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1114+27.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 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. 53.8% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 68118 in October 2024, up by 27.3% month-over-month. Of the 13 sold homes, 54% were sold under asking, 15% were sold at asking, and 31% 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

Sep 2024Oct 2024CHANGE
17 Days16 Days-5.3%

Summary: Homes in 68118 had an average of 16 days on market in Oct 2024, down by 5.3% compared to last month.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

3 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 October 2024, 14 homes were sold in 68118; 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 68118, NE

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