$4,572 Closing Credit*
$385,000
1,410 SqFt
2 Beds
•1 Bath
Katie Huber, Listing Office: BHHS Ambassador Real Estate
Is Eight Mile Grove, 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, Eight Mile Grove has remained a Neutral Market.
Key Takeaway
Eight Mile Grove 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 Eight Mile Grove, NE
How much do homes in Eight Mile Grove, NE cost?
Median Sold Price
$875,000
$253/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$245,000(+38.9%)
Key Takeaway
Homes in Eight Mile Grove have sold for 38.9% more than they did a month ago.
Summary: The median home sold price in Eight Mile Grove was $875,000 in November 2024, up 38.9% from last month, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $630K | $875K | +38.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Eight Mile Grove 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 did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 38.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Eight Mile Grove | $630K | $875K | +38.9% |
| Fairview | $501.2K | $570.5K | +13.8% |
| Platford-Springfield I | $710K | $500.2K | -29.5% |
Housing Supply in Eight Mile Grove, NE
How many homes are available in Eight Mile Grove, NE?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Summary: The Eight Mile Grove real estate market had 7 homes for sale in November 2024, a 16.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Eight Mile Grove 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 100%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eight Mile Grove, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Eight Mile Grove in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Eight Mile Grove, NE
How long does it take to sell a home in Eight Mile Grove, NE?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 Days | 41 Days | +1266.7% |
Summary: Homes in Eight Mile Grove had an average of 41 days on market in Nov 2024, up by 1266.7% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Eight Mile Grove has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Eight Mile Grove; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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.