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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fairview is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Fairview was a Buyer's Market.

Key Takeaway

Fairview is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Fairview, NE

How much do homes in Fairview, NE cost?

Median Sold Price

$501,250

$157/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$121,250(-19.5%)

Key Takeaway

Homes in Fairview have sold for 19.5% less than they did a month ago.

Summary: The median home sold price in Fairview was $501,250 in October 2024, down 19.5% from last month, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $760K-
N/A
3 -$456.2K
N/A
4 $485K-
N/A
5+ -$505.5K
N/A

Summary: Fairview 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

LaPlatte II
+17.2%
Fairview
-19.5%

Housing Supply in Fairview, NE

How many homes are available in Fairview, NE?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2129+38.1%

Summary: The Fairview real estate market had 29 homes for sale in October 2024, a 38.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 610
+66.7%
4 911
+22.2%
5+ 58
+60.0%

Summary: The Fairview 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 decreased by 100%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 60%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fairview, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Fairview in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for Fairview, NE

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

Average Sale Time

Sep 2024Oct 2024CHANGE
27 Days22 Days-16.0%

Summary: Homes in Fairview had an average of 22 days on market in Oct 2024, down by 16% compared to last month.

Breakdown of Home Sale Times

4 Homes Were 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

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

Summary: During October 2024, 6 homes were sold in Fairview; 67% of homes were sold within 30 days, 33% 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

Newest Listings in Fairview, NE

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