Is Nebraska City, NE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nebraska City is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Nebraska City was a Neutral Market.

Key Takeaway

Nebraska City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Nebraska City, NE

How much do homes in Nebraska City, NE cost?

Median Sold Price

$205,000

$126/sqft

Based on all homes sold in November 2024.

The Median Sold Price hasn't changed since October 2024.

Key Takeaway

The sold price of homes in Nebraska City has remained the same since last month.

Summary: The median home sold price in Nebraska City was $205,000 in November 2024, the same as last month, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $210.1K-
N/A
3 $205K$164.5K
-19.8%
4 -$290K
N/A
5+ --
N/A

Summary: Nebraska City 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 19.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Nebraska City, NE

How many homes are available in Nebraska City, NE?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2427+12.5%

Summary: The Nebraska City real estate market had 27 homes for sale in November 2024, a 12.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 65
-16.7%
3 77
0.0%
4 79
+28.6%
5+ 45
+25.0%

Summary: The Nebraska City housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nebraska City, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Nebraska City in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Nebraska City, NE

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

Average Sale Time

Oct 2024Nov 2024CHANGE
8 Days102 Days+1103.9%

Summary: Homes in Nebraska City had an average of 102 days on market in Nov 2024, up by 1103.9% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Nebraska City are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 3 homes were sold in Nebraska City; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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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