$950 Closing Credit*
$80,000
1,104 SqFt
2 Beds
•2 Full Baths
Cindy J. Hill, Listing Office: Tenacious Realty
Is Fairbury, 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, Fairbury has remained a Seller's Market.
Key Takeaway
Fairbury is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fairbury, NE
How much do homes in Fairbury, NE cost?
Median Sold Price
$140,000
$84/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$72,000(-34.0%)
Key Takeaway
Homes in Fairbury have sold for 34% less than they did a month ago.
Summary: The median home sold price in Fairbury was $140,000 in October 2024, down 34% from last month, and the median price per square foot was $84.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $124.7K | $100K | -19.8% |
| 3 Bedrooms | $275K | $207.5K | -24.5% |
| 4 Bedrooms | $173.5K | $89K | -48.7% |
| 5+ Bedrooms | - | $600K | N/A |
Summary: Fairbury 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 19.8%, 3 bedroom homes decreased by 24.5%, 4 bedroom homes decreased by 48.7%, and 5+ bedroom homes did not change.
Housing Supply in Fairbury, NE
How many homes are available in Fairbury, NE?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 36 | +24.1% |
Summary: The Fairbury real estate market had 36 homes for sale in October 2024, a 24.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 11 | 14 | +27.3% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Fairbury housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fairbury, you may be able to get a good deal. 88.9% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Fairbury in October 2024, up by 28.6% month-over-month. Of the 9 sold homes, 89% were sold under asking, 11% were sold at asking, and 0% were sold over asking.
Days on Market for Fairbury, NE
How long does it take to sell a home in Fairbury, NE?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 84 Days | +177.9% |
Summary: Homes in Fairbury had an average of 84 days on market in Oct 2024, up by 177.9% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fairbury are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in Fairbury; 44% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 33% 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.