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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crete is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Crete was a Buyer's Market.

Key Takeaway

Crete is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Crete, NE

How much do homes in Crete, NE cost?

Median Sold Price

$214,900

$177/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$79,400(+58.6%)

Key Takeaway

Homes in Crete have sold for 58.6% more than they did a month ago.

Summary: The median home sold price in Crete was $214,900 in October 2024, up 58.6% from last month, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$90K
N/A
2 $135.5K$534K
+294.1%
3 -$214.9K
N/A
4 --
N/A
5+ --
N/A

Summary: Crete 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 294.1%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Crete, NE

How many homes are available in Crete, NE?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1618+12.5%

Summary: The Crete real estate market had 18 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 57
+40.0%
3 45
+25.0%
4 44
0.0%
5+ 21
-50.0%

Summary: The Crete 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 increased by 40%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Crete, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Crete in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Crete, NE

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

Average Sale Time

Sep 2024Oct 2024CHANGE
7 Days29 Days+323.8%

Summary: Homes in Crete had an average of 29 days on market in Oct 2024, up by 323.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Crete has remained consistent over time.

Summary: During October 2024, 3 homes were sold in Crete; 33% of homes were sold within 30 days, 67% 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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