Is Burt County, NE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Burt County is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Burt County was a Neutral Market.

Key Takeaway

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

Housing Prices in Burt County, NE

How much do homes in Burt County, NE cost?

Median Sold Price

$187,500

$97/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$67,500(-26.5%)

Key Takeaway

Homes in Burt County have sold for 26.5% less than they did a month ago.

Summary: The median home sold price in Burt County was $187,500 in October 2024, down 26.5% from last month, and the median price per square foot was $97.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $175K$69.8K
-60.1%
3 $255K$187.5K
-26.5%
4 $295K-
N/A
5+ -$220K
N/A

Summary: Burt County 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 60.1%, 3 bedroom homes decreased by 26.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Washington County
+46.2%
Burt County
-26.5%

Housing Supply in Burt County, NE

How many homes are available in Burt County, NE?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2025+25.0%

Summary: The Burt County real estate market had 25 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 58
+60.0%
4 1010
0.0%
5+ 24
+100.0%

Summary: The Burt County 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 increased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Burt County, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Burt County in October 2024, up by 66.7% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for Burt County, NE

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

Average Sale Time

Sep 2024Oct 2024CHANGE
23 Days80 Days+245.4%

Summary: Homes in Burt County had an average of 80 days on market in Oct 2024, up by 245.4% compared to last month.

Breakdown of Home Sale Times

2 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 Burt County are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in Burt County; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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 4 Days Ago

Newest Listings in Burt County, NE

Nearby Markets to Burt County, NE

What housing markets are near Burt County, NE?