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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beatrice is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Beatrice, NE

How much do homes in Beatrice, NE cost?

Median Sold Price

$225,000

$113/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$47,500(+26.8%)

Key Takeaway

Homes in Beatrice have sold for 26.8% more than they did a month ago.

Summary: The median home sold price in Beatrice was $225,000 in November 2024, up 26.8% from last month, and the median price per square foot was $113.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $140.9K$189.7K
+34.7%
3 $172.5K$207.5K
+20.3%
4 $300K$242.4K
-19.2%
5+ $275K$281.5K
+2.4%

Summary: Beatrice 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 34.7%, 3 bedroom homes increased by 20.3%, 4 bedroom homes decreased by 19.2%, and 5+ bedroom homes increased by 2.4%.

Median Sold Price Compared To Nearby Cities

Beatrice
+26.8%
Lincoln Township
+3.2%

Housing Supply in Beatrice, NE

How many homes are available in Beatrice, NE?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6866-2.9%

Summary: The Beatrice real estate market had 66 homes for sale in November 2024, a 2.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1722
+29.4%
3 3326
-21.2%
4 1415
+7.1%
5+ 43
-25.0%

Summary: The Beatrice 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 29.4%, 3 bedroom homes decreased by 21.2%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2014-30.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer54%31%15%

Key Takeaway

If you're buying a home in Beatrice, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Beatrice in November 2024, down by 30.0% month-over-month. Of the 13 sold homes, 54% were sold under asking, 15% were sold at asking, and 31% were sold over asking.

Days on Market for Beatrice, NE

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

Average Sale Time

Oct 2024Nov 2024CHANGE
35 Days35 Days+1.7%

Summary: Homes in Beatrice had an average of 35 days on market in Nov 2024, up by 1.7% compared to last month.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times57%36%7%

Key Takeaway

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

Summary: During November 2024, 14 homes were sold in Beatrice; 57% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 7% 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 21 Days Ago

Newest Listings in Beatrice, NE

Nearby Markets to Beatrice, NE