Is North Bend, NE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Bend is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in North Bend, NE

How much do homes in North Bend, NE cost?

Median Sold Price

$227,500

$137/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$75,000(+49.2%)

Key Takeaway

Homes in North Bend have sold for 49.2% more than they did a month ago.

Summary: The median home sold price in North Bend was $227,500 in December 2024, up 49.2% from last month, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $152.5K-
N/A
3 -$215K
N/A
4 -$240K
N/A
5+ --
N/A

Summary: North Bend housing prices by bedroom type for December 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.

Housing Supply in North Bend, NE

How many homes are available in North Bend, NE?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
32-33.3%

Summary: The North Bend real estate market had 2 homes for sale in December 2024, a 33.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 11
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The North Bend housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in North Bend in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for North Bend, NE

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

Average Sale Time

Nov 2024Dec 2024CHANGE
19 Days101 Days+431.6%

Summary: Homes in North Bend had an average of 101 days on market in Dec 2024, up by 431.6% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 2 homes were sold in North Bend; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 4 Days Ago

Newest Listings in North Bend, NE