Is 68502, NE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 68502 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 68502 has remained a Seller's Market.

Key Takeaway

68502 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 68502, NE

How much do homes in 68502, NE cost?

Median Sold Price

$218,000

$146/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$26,000(-10.7%)

Key Takeaway

Homes in 68502 have sold for 10.7% less than they did a month ago.

Summary: The median home sold price in 68502 was $218,000 in October 2024, down 10.7% from last month, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$129K
N/A
2 $196.7K$209K
+6.2%
3 $400K$226.2K
-43.5%
4 $235K$247K
+5.1%
5+ -$275K
N/A

Summary: 68502 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 increased by 6.2%, 3 bedroom homes decreased by 43.5%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

68508
+39.9%
68522
+13.6%
68506
+12.9%
68502
-10.7%
68512
-49.0%

Housing Supply in 68502, NE

How many homes are available in 68502, NE?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7695+25.0%

Summary: The 68502 real estate market had 95 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 2223
+4.5%
3 2545
+80.0%
4 1714
-17.6%
5+ 1011
+10.0%

Summary: The 68502 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 increased by 4.5%, 3 bedroom homes increased by 80%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1923+21.1%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 68502, you may be able to get a good deal. 43.5% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 68502 in October 2024, up by 21.1% month-over-month. Of the 23 sold homes, 43% were sold under asking, 30% were sold at asking, and 26% were sold over asking.

Days on Market for 68502, NE

How long does it take to sell a home in 68502, NE?

Average Sale Time

Sep 2024Oct 2024CHANGE
20 Days12 Days-37.2%

Summary: Homes in 68502 had an average of 12 days on market in Oct 2024, down by 37.2% compared to last month.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 68502 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 23 homes were sold in 68502; 91% of homes were sold within 30 days, 4% 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 17 Days Ago

Newest Listings in 68502, NE

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