Is Family Acres, NE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Family Acres is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Family Acres has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Family Acres, NE

How much do homes in Family Acres, NE cost?

Median Sold Price

$359,000

$155/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$56,000(-13.5%)

Key Takeaway

Homes in Family Acres have sold for 13.5% less than they did a month ago.

Summary: The median home sold price in Family Acres was $359,000 in November 2024, down 13.5% from last month, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $405K$307.5K
-24.1%
4 $420K$385K
-8.3%
5+ -$633.1K
N/A

Summary: Family Acres 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 decreased by 24.1%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Vintage Heights
+16.7%
Colonial Hills
-13.0%
Family Acres
-13.5%

Housing Supply in Family Acres, NE

How many homes are available in Family Acres, NE?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4447+6.8%

Summary: The Family Acres real estate market had 47 homes for sale in November 2024, a 6.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 14
+300.0%
3 2219
-13.6%
4 912
+33.3%
5+ 1212
0.0%

Summary: The Family Acres 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 300%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
910+11.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 10 homes were sold or pending in Family Acres in November 2024, up by 11.1% month-over-month. Of the 10 sold homes, 50% were sold under asking, 40% were sold at asking, and 10% were sold over asking.

Days on Market for Family Acres, NE

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

Average Sale Time

Oct 2024Nov 2024CHANGE
7 Days24 Days+217.0%

Summary: Homes in Family Acres had an average of 24 days on market in Nov 2024, up by 217% compared to last month.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 10 homes were sold in Family Acres; 60% of homes were sold within 30 days, 40% 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

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