$4,826 Closing Credit*
$406,414
2,325 SqFt
4 Beds
•3 Baths
Jill M. Bartling, Listing Office: BHHS Ambassador Real Estate
Is Melia-Forest City, NE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Melia-Forest City was a Neutral Market.
Key Takeaway
Melia-Forest City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Melia-Forest City, NE
How much do homes in Melia-Forest City, NE cost?
Median Sold Price
$535,000
$192/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$103,633(+24.0%)
Key Takeaway
Homes in Melia-Forest City have sold for 24% more than they did a month ago.
Summary: The median home sold price in Melia-Forest City was $535,000 in October 2024, up 24% from last month, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $408K | - | N/A |
| 3 Bedrooms | $431.3K | $414.4K | -3.9% |
| 4 Bedrooms | $415K | $548.1K | +32.1% |
| 5+ Bedrooms | $578.2K | $763.7K | +32.1% |
Summary: Melia-Forest City 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 decreased by 3.9%, 4 bedroom homes increased by 32.1%, and 5+ bedroom homes increased by 32.1%.
Median Sold Price Compared To Nearby Cities
| Melia-Forest City | $431.3K | $535K | +24.0% |
| Forest City No. 2 | $323K | $387.4K | +19.9% |
| Gretna | $394.9K | $451.2K | +14.2% |
| Richland VII | $436.1K | $380K | -12.9% |
Housing Supply in Melia-Forest City, NE
How many homes are available in Melia-Forest City, NE?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 199 | 200 | +0.5% |
Summary: The Melia-Forest City real estate market had 200 homes for sale in October 2024, a 0.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 43 | 44 | +2.3% |
| 4 Bedrooms | 95 | 98 | +3.2% |
| 5+ Bedrooms | 59 | 57 | -3.4% |
Summary: The Melia-Forest City 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 50%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes decreased by 3.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 13 | -58.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Melia-Forest City, expect to pay close to the asking price. 61.5% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in Melia-Forest City in October 2024, down by 58.1% month-over-month. Of the 13 sold homes, 23% were sold under asking, 62% were sold at asking, and 15% were sold over asking.
Days on Market for Melia-Forest City, NE
How long does it take to sell a home in Melia-Forest City, NE?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 19 Days | -18.8% |
Summary: Homes in Melia-Forest City had an average of 19 days on market in Oct 2024, down by 18.8% compared to last month.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Melia-Forest City are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in Melia-Forest City; 85% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% 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.