Is 68505, NE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 68505 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 68505 has remained a Seller's Market.

Key Takeaway

68505 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 68505, NE

How much do homes in 68505, NE cost?

Median Sold Price

$242,500

$162/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$26,000(-9.7%)

Key Takeaway

Homes in 68505 have sold for 9.7% less than they did a month ago.

Summary: The median home sold price in 68505 was $242,500 in November 2024, down 9.7% from last month, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $238.7K$172.4K
-27.8%
3 $268.5K$237.4K
-11.6%
4 $329.5K$355K
+7.7%
5+ -$387.5K
N/A

Summary: 68505 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 27.8%, 3 bedroom homes decreased by 11.6%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

68504
+5.5%
68510
+5.4%
68507
+2.7%
68527
+2.4%
68505
-9.7%

Housing Supply in 68505, NE

How many homes are available in 68505, NE?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5452-3.7%

Summary: The 68505 real estate market had 52 homes for sale in November 2024, a 3.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1012
+20.0%
3 3124
-22.6%
4 1013
+30.0%
5+ 33
0.0%

Summary: The 68505 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 increased by 20%, 3 bedroom homes decreased by 22.6%, 4 bedroom homes increased by 30%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1920+5.3%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 68505, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 68505 in November 2024, up by 5.3% month-over-month. Of the 20 sold homes, 50% were sold under asking, 40% were sold at asking, and 10% were sold over asking.

Days on Market for 68505, NE

How long does it take to sell a home in 68505, NE?

Average Sale Time

Oct 2024Nov 2024CHANGE
15 Days16 Days+5.4%

Summary: Homes in 68505 had an average of 16 days on market in Nov 2024, up by 5.4% compared to last month.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 68505 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 20 homes were sold in 68505; 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 18 Days Ago

Newest Listings in 68505, NE

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