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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nemaha is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Nemaha was a Buyer's Market.

Key Takeaway

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

Housing Prices in Nemaha, NE

How much do homes in Nemaha, NE cost?

Median Sold Price

$329,034

$148/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$5,965(-1.8%)

Key Takeaway

Homes in Nemaha have sold for 1.8% less than they did a month ago.

Summary: The median home sold price in Nemaha was $329,034 in November 2024, down 1.8% from last month, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$329K
N/A
4 $335K-
N/A
5+ --
N/A

Summary: Nemaha 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bennet
+37.3%
Nemaha
-1.8%
Grant
-18.5%

Housing Supply in Nemaha, NE

How many homes are available in Nemaha, NE?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1012+20.0%

Summary: The Nemaha real estate market had 12 homes for sale in November 2024, a 20.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 89
+12.5%
4 22
0.0%
5+ 01
+100.0%

Summary: The Nemaha 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 increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nemaha, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Nemaha in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Nemaha, NE

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

Average Sale Time

Oct 2024Nov 2024CHANGE
6 Days30 Days+408.3%

Summary: Homes in Nemaha had an average of 30 days on market in Nov 2024, up by 408.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Nemaha; 50% of homes were sold within 30 days, 50% 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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