$7,539 Closing Credit*
$634,900
3,372 SqFt
5 Beds
•3 Full Baths
Clinton D. Boyd, Listing Office: Better Homes and Gardens R.E.
Is Elkhorn, 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, Elkhorn has remained a Seller's Market.
Key Takeaway
Elkhorn is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Elkhorn, NE
How much do homes in Elkhorn, NE cost?
Median Sold Price
$574,000
$197/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$94,000(+19.6%)
Key Takeaway
Homes in Elkhorn have sold for 19.6% more than they did a month ago.
Summary: The median home sold price in Elkhorn was $574,000 in November 2024, up 19.6% from last month, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $151K | - | N/A |
| 2 Bedrooms | $389.8K | $353.4K | -9.3% |
| 3 Bedrooms | $383.3K | $379.9K | -0.9% |
| 4 Bedrooms | $481.2K | $550K | +14.3% |
| 5+ Bedrooms | $584.6K | $637.5K | +9.0% |
Summary: Elkhorn 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 decreased by 9.3%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 9%.
Median Sold Price Compared To Nearby Cities
| Platte Valley | $270K | $600K | +122.2% |
| Elkhorn | $480K | $574K | +19.6% |
| Jefferson | $428.5K | $451.2K | +5.3% |
Housing Supply in Elkhorn, NE
How many homes are available in Elkhorn, NE?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 404 | 371 | -8.2% |
Summary: The Elkhorn real estate market had 371 homes for sale in November 2024, a 8.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 17 | 14 | -17.6% |
| 3 Bedrooms | 89 | 75 | -15.7% |
| 4 Bedrooms | 148 | 138 | -6.8% |
| 5+ Bedrooms | 149 | 144 | -3.4% |
Summary: The Elkhorn housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 17.6%, 3 bedroom homes decreased by 15.7%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes decreased by 3.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 72 | 78 | +8.3% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
31 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Elkhorn, expect to pay close to the asking price. 41.9% of homes here sold near the asking price last month.
Summary: A total of 78 homes were sold or pending in Elkhorn in November 2024, up by 8.3% month-over-month. Of the 74 sold homes, 38% were sold under asking, 42% were sold at asking, and 20% were sold over asking.
Days on Market for Elkhorn, NE
How long does it take to sell a home in Elkhorn, NE?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 36 Days | +17.6% |
Summary: Homes in Elkhorn had an average of 36 days on market in Nov 2024, up by 17.6% compared to last month.
Breakdown of Home Sale Times
52 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Elkhorn are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 78 homes were sold in Elkhorn; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 12% 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.