Is 68507, NE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 68507 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 68507 has remained a Seller's Market.

Key Takeaway

68507 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 68507, NE

How much do homes in 68507, NE cost?

Median Sold Price

$246,500

$152/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$6,500(+2.7%)

Key Takeaway

Homes in 68507 have sold for 2.7% more than they did a month ago.

Summary: The median home sold price in 68507 was $246,500 in November 2024, up 2.7% from last month, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $194K$209K
+7.7%
3 $240K$254K
+5.8%
4 $350K$355K
+1.4%
5+ $421.5K-
N/A

Summary: 68507 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 increased by 7.7%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

68504
+5.5%
68507
+2.7%
68505
-9.7%

Housing Supply in 68507, NE

How many homes are available in 68507, NE?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6368+7.9%

Summary: The 68507 real estate market had 68 homes for sale in November 2024, a 7.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1918
-5.3%
3 2633
+26.9%
4 1516
+6.7%
5+ 31
-66.7%

Summary: The 68507 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 decreased by 5.3%, 3 bedroom homes increased by 26.9%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1516+6.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 68507, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 68507 in November 2024, up by 6.7% month-over-month. Of the 14 sold homes, 50% were sold under asking, 21% were sold at asking, and 29% were sold over asking.

Days on Market for 68507, NE

How long does it take to sell a home in 68507, NE?

Average Sale Time

Oct 2024Nov 2024CHANGE
13 Days31 Days+129.3%

Summary: Homes in 68507 had an average of 31 days on market in Nov 2024, up by 129.3% compared to last month.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 68507 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 16 homes were sold in 68507; 81% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 13% 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 68507, NE

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