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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nemaha is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Nemaha has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Nemaha, NE

How much do homes in Nemaha, NE cost?

Median Sold Price

$335,000

$137/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$84,000(+33.5%)

Key Takeaway

Homes in Nemaha have sold for 33.5% more than they did a month ago.

Summary: The median home sold price in Nemaha was $335,000 in October 2024, up 33.5% from last month, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $251K-
N/A
4 -$335K
N/A
5+ --
N/A

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

Median Sold Price Compared To Nearby Cities

Nemaha
+33.5%
Bennet
+33.5%
Grant
+14.2%

Housing Supply in Nemaha, NE

How many homes are available in Nemaha, NE?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
98-11.1%

Summary: The Nemaha real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 75
-28.6%
4 22
0.0%
5+ 01
+100.0%

Summary: The Nemaha 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 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 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 Nemaha, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Nemaha in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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

Sep 2024Oct 2024CHANGE
9 Days6 Days-33.3%

Summary: Homes in Nemaha had an average of 6 days on market in Oct 2024, down by 33.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 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 October 2024, 1 homes were sold in Nemaha; 100% of homes were sold within 30 days, 0% 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

Newest Listings in Nemaha, NE

Nearby Markets to Nemaha, NE

What housing markets are near Nemaha, NE?