Is 68506, NE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 68506 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 68506 has remained a Seller's Market.

Key Takeaway

68506 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 68506, NE

How much do homes in 68506, NE cost?

Median Sold Price

$300,000

$148/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$34,250(+12.9%)

Key Takeaway

Homes in 68506 have sold for 12.9% more than they did a month ago.

Summary: The median home sold price in 68506 was $300,000 in October 2024, up 12.9% from last month, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $120K-
N/A
2 $250K$208.2K
-16.7%
3 $288K$250K
-13.2%
4 $305K$385K
+26.2%
5+ $220K$387.7K
+76.3%

Summary: 68506 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 16.7%, 3 bedroom homes decreased by 13.2%, 4 bedroom homes increased by 26.2%, and 5+ bedroom homes increased by 76.3%.

Median Sold Price Compared To Nearby Zip Codes

68506
+12.9%
68516
+8.2%
68520
-1.7%
68510
-3.9%
68502
-10.7%

Housing Supply in 68506, NE

How many homes are available in 68506, NE?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
106116+9.4%

Summary: The 68506 real estate market had 116 homes for sale in October 2024, a 9.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 3030
0.0%
3 4847
-2.1%
4 1828
+55.6%
5+ 910
+11.1%

Summary: The 68506 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 decreased by 2.1%, 4 bedroom homes increased by 55.6%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3728-24.3%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 68506, you may be able to get a good deal. 53.6% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in 68506 in October 2024, down by 24.3% month-over-month. Of the 28 sold homes, 54% were sold under asking, 29% were sold at asking, and 18% were sold over asking.

Days on Market for 68506, NE

How long does it take to sell a home in 68506, NE?

Average Sale Time

Sep 2024Oct 2024CHANGE
9 Days9 Days-3.6%

Summary: Homes in 68506 had an average of 9 days on market in Oct 2024, down by 3.6% compared to last month.

Breakdown of Home Sale Times

25 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 68506 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 28 homes were sold in 68506; 89% of homes were sold within 30 days, 11% 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

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