Is Gilmore II, NE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gilmore II is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Gilmore II was a Buyer's Market.

Key Takeaway

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

Housing Prices in Gilmore II, NE

How much do homes in Gilmore II, NE cost?

Median Sold Price

$402,895

$175/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$17,895(+4.6%)

Key Takeaway

Homes in Gilmore II have sold for 4.6% more than they did a month ago.

Summary: The median home sold price in Gilmore II was $402,895 in November 2024, up 4.6% from last month, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $407.9K$373.4K
-8.5%
4 $367.5K$406.8K
+10.7%
5+ -$447.8K
N/A

Summary: Gilmore II 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 8.5%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Gilmore I
+12.9%
Papillion
+5.4%
Gilmore II
+4.6%
Douglas
-1.0%
Bellevue
-6.5%

Housing Supply in Gilmore II, NE

How many homes are available in Gilmore II, NE?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3532-8.6%

Summary: The Gilmore II real estate market had 32 homes for sale in November 2024, a 8.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 109
-10.0%
4 2119
-9.5%
5+ 44
0.0%

Summary: The Gilmore II 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 remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
512+140.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gilmore II, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Gilmore II in November 2024, up by 140.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 33% were sold at asking, and 25% were sold over asking.

Days on Market for Gilmore II, NE

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

Average Sale Time

Oct 2024Nov 2024CHANGE
34 Days38 Days+10.8%

Summary: Homes in Gilmore II had an average of 38 days on market in Nov 2024, up by 10.8% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 12 homes were sold in Gilmore II; 42% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 17% 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 Gilmore II, NE

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What housing markets are near Gilmore II, NE?