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

$344,900

$154/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$17,600(-4.9%)

Key Takeaway

Homes in Millard have sold for 4.9% less than they did a month ago.

Summary: The median home sold price in Millard was $344,900 in November 2024, down 4.9% from last month, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $250K$321.9K
+28.8%
3 $308.9K$270K
-12.6%
4 $438.5K$438.2K
-0.1%
5+ $650K$415K
-36.2%

Summary: Millard 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 increased by 28.8%, 3 bedroom homes decreased by 12.6%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes decreased by 36.2%.

Median Sold Price Compared To Nearby Cities

Chicago
+11.2%
La Vista
+4.6%
Omaha
+3.0%
Richland VII
-3.2%
Millard
-4.9%

Housing Supply in Millard, NE

How many homes are available in Millard, NE?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5045-10.0%

Summary: The Millard real estate market had 45 homes for sale in November 2024, a 10.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 2117
-19.0%
4 1918
-5.3%
5+ 87
-12.5%

Summary: The Millard 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 50%, 3 bedroom homes decreased by 19%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
15150.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Millard, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Millard in November 2024, the same as the previous month. Of the 13 sold homes, 69% were sold under asking, 23% were sold at asking, and 8% 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

Oct 2024Nov 2024CHANGE
12 Days24 Days+91.1%

Summary: Homes in Millard had an average of 24 days on market in Nov 2024, up by 91.1% compared to last month.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was 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 November 2024, 15 homes were sold in Millard; 87% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 7% 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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