Is 68131, NE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 68131 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 68131 has remained a Seller's Market.

Key Takeaway

68131 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 68131, NE

How much do homes in 68131, NE cost?

Median Sold Price

$242,000

$228/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$32,250(-11.8%)

Key Takeaway

Homes in 68131 have sold for 11.8% less than they did a month ago.

Summary: The median home sold price in 68131 was $242,000 in November 2024, down 11.8% from last month, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $303.7K$160K
-47.3%
2 $230.5K$530K
+129.9%
3 $300K-
N/A
4 $143.5K-
N/A
5+ -$1.1M
N/A

Summary: 68131 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 47.3%, 2 bedroom homes increased by 129.9%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

68105
-8.0%
68131
-11.8%

Housing Supply in 68131, NE

How many homes are available in 68131, NE?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3032+6.7%

Summary: The 68131 real estate market had 32 homes for sale in November 2024, a 6.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 710
+42.9%
2 99
0.0%
3 43
-25.0%
4 66
0.0%
5+ 44
0.0%

Summary: The 68131 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 42.9%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
68+33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 68131, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 68131 in November 2024, up by 33.3% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for 68131, NE

How long does it take to sell a home in 68131, NE?

Average Sale Time

Oct 2024Nov 2024CHANGE
17 Days50 Days+196.3%

Summary: Homes in 68131 had an average of 50 days on market in Nov 2024, up by 196.3% compared to last month.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 68131 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in 68131; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 68131, NE

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