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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Millard is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Millard, NE

How much do homes in Millard, NE cost?

Median Sold Price

$331,450

$154/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$47,050(-12.4%)

Key Takeaway

Homes in Millard have sold for 12.4% less than they did a month ago.

Summary: The median home sold price in Millard was $331,450 in October 2024, down 12.4% from last month, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $327.2K$250K
-23.6%
3 $314.4K$308.9K
-1.7%
4 $399.5K$455K
+13.9%
5+ $464.8K-
N/A

Summary: Millard 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 23.6%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Chicago
+9.9%
La Vista
+1.0%
Omaha
-0.2%
Millard
-12.4%
Richland VII
-12.9%

Housing Supply in Millard, NE

How many homes are available in Millard, NE?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4849+2.1%

Summary: The Millard real estate market had 49 homes for sale in October 2024, a 2.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 2320
-13.0%
4 1521
+40.0%
5+ 86
-25.0%

Summary: The Millard 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 remained the same, 3 bedroom homes decreased by 13%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1613-18.8%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Millard, expect to pay close to the asking price. 41.7% of homes here sold near the asking price last month.

Summary: A total of 13 homes were sold or pending in Millard in October 2024, down by 18.8% month-over-month. Of the 12 sold homes, 33% were sold under asking, 42% were sold at asking, and 25% were sold over asking.

Days on Market for Millard, NE

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

Average Sale Time

Sep 2024Oct 2024CHANGE
15 Days11 Days-26.3%

Summary: Homes in Millard had an average of 11 days on market in Oct 2024, down by 26.3% compared to last month.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 13 homes were sold in Millard; 92% of homes were sold within 30 days, 8% 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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