Is Elkhorn Township, NE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Elkhorn Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Elkhorn Township has remained a Neutral Market.

Key Takeaway

Elkhorn Township 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 Elkhorn Township, NE

How much do homes in Elkhorn Township, NE cost?

Median Sold Price

$480,000

$185/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$10,950(-2.2%)

Key Takeaway

Homes in Elkhorn Township have sold for 2.2% less than they did a month ago.

Summary: The median home sold price in Elkhorn Township was $480,000 in October 2024, down 2.2% from last month, and the median price per square foot was $185.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $322.5K$349.1K
+8.2%
3 $412.6K$312.5K
-24.3%
4 $567.5K$481.2K
-15.2%
5+ $649K$585K
-9.9%

Summary: Elkhorn Township 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 8.2%, 3 bedroom homes decreased by 24.3%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes decreased by 9.9%.

Median Sold Price Compared To Nearby Cities

Fremont
+8.6%
Elkhorn Township
-2.2%

Housing Supply in Elkhorn Township, NE

How many homes are available in Elkhorn Township, NE?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
387401+3.6%

Summary: The Elkhorn Township real estate market had 401 homes for sale in October 2024, a 3.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 2220
-9.1%
3 11097
-11.8%
4 128131
+2.3%
5+ 126153
+21.4%

Summary: The Elkhorn Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 21.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6260-3.2%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

27 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Elkhorn Township, expect to pay close to the asking price. 49.1% of homes here sold near the asking price last month.

Summary: A total of 60 homes were sold or pending in Elkhorn Township in October 2024, down by 3.2% month-over-month. Of the 55 sold homes, 38% were sold under asking, 49% were sold at asking, and 13% were sold over asking.

Days on Market for Elkhorn Township, NE

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

Average Sale Time

Sep 2024Oct 2024CHANGE
38 Days35 Days-8.3%

Summary: Homes in Elkhorn Township had an average of 35 days on market in Oct 2024, down by 8.3% compared to last month.

Breakdown of Home Sale Times

36 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 60 homes were sold in Elkhorn Township; 60% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 8% 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

Newest Listings in Elkhorn Township, NE

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What housing markets are near Elkhorn Township, NE?