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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plattsmouth is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Plattsmouth was a Neutral Market.

Key Takeaway

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

Housing Prices in Plattsmouth, NE

How much do homes in Plattsmouth, NE cost?

Median Sold Price

$275,000

$140/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$11,500(-4.0%)

Key Takeaway

Homes in Plattsmouth have sold for 4% less than they did a month ago.

Summary: The median home sold price in Plattsmouth was $275,000 in November 2024, down 4% from last month, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $153.5K$357.5K
+132.9%
3 $249K$251K
+0.8%
4 $600K$389.9K
-35.0%
5+ $405K$600K
+48.1%

Summary: Plattsmouth 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 132.9%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 35%, and 5+ bedroom homes increased by 48.1%.

Housing Supply in Plattsmouth, NE

How many homes are available in Plattsmouth, NE?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5351-3.8%

Summary: The Plattsmouth real estate market had 51 homes for sale in November 2024, a 3.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 88
0.0%
3 2828
0.0%
4 1311
-15.4%
5+ 44
0.0%

Summary: The Plattsmouth 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 remained the same, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
814+75.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Plattsmouth, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Plattsmouth in November 2024, up by 75.0% month-over-month. Of the 13 sold homes, 54% were sold under asking, 23% were sold at asking, and 23% were sold over asking.

Days on Market for Plattsmouth, NE

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

Average Sale Time

Oct 2024Nov 2024CHANGE
21 Days25 Days+22.8%

Summary: Homes in Plattsmouth had an average of 25 days on market in Nov 2024, up by 22.8% compared to last month.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 14 homes were sold in Plattsmouth; 57% of homes were sold within 30 days, 36% 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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