$3,212 Closing Credit*
$270,500
952 SqFt
3 Beds
•1 Full Bath
Timothy T. Knorr, Listing Office: NP Dodge RE Sales Inc Lincoln
Is 68516, NE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 68516 has remained a Seller's Market.
Key Takeaway
68516 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 68516, NE
How much do homes in 68516, NE cost?
Median Sold Price
$394,999
$165/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$30,049(+8.2%)
Key Takeaway
Homes in 68516 have sold for 8.2% more than they did a month ago.
Summary: The median home sold price in 68516 was $394,999 in October 2024, up 8.2% from last month, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $320K | $354.9K | +10.9% |
| 3 Bedrooms | $355K | $343K | -3.4% |
| 4 Bedrooms | $417.4K | $429.9K | +3.0% |
| 5+ Bedrooms | $586K | $526K | -10.2% |
Summary: 68516 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 10.9%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 10.2%.
Housing Supply in 68516, NE
How many homes are available in 68516, NE?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 180 | 209 | +16.1% |
Summary: The 68516 real estate market had 209 homes for sale in October 2024, a 16.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 18 | 11 | -38.9% |
| 3 Bedrooms | 72 | 78 | +8.3% |
| 4 Bedrooms | 55 | 66 | +20.0% |
| 5+ Bedrooms | 35 | 54 | +54.3% |
Summary: The 68516 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 decreased by 38.9%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 54.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 54 | 43 | -20.4% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 68516, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 43 homes were sold or pending in 68516 in October 2024, down by 20.4% month-over-month. Of the 39 sold homes, 54% were sold under asking, 26% were sold at asking, and 21% were sold over asking.
Days on Market for 68516, NE
How long does it take to sell a home in 68516, NE?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 Days | 18 Days | +89.7% |
Summary: Homes in 68516 had an average of 18 days on market in Oct 2024, up by 89.7% compared to last month.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 68516 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 43 homes were sold in 68516; 81% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Great Plains REALTORS® Multiple Listing Service, Inc. All rights reserved.