$6,353 Closing Credit*
$535,000
2,750 SqFt
5 Beds
•2 Full Baths, 1 Partial
Doyle B Ollis Jr, Listing Office: Nebraska Realty
Is Richland I, NE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Richland I has remained a Buyer's Market.
Key Takeaway
Richland I is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Richland I, NE
How much do homes in Richland I, NE cost?
Median Sold Price
$650,000
$144/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$23,749(+3.8%)
Key Takeaway
Homes in Richland I have sold for 3.8% more than they did a month ago.
Summary: The median home sold price in Richland I was $650,000 in October 2024, up 3.8% from last month, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $635.2K | - | N/A |
| 5+ Bedrooms | $617.3K | $650K | +5.3% |
Summary: Richland I 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 increased by 5.3%.
Median Sold Price Compared To Nearby Cities
| Richland I | $626.2K | $650K | +3.8% |
| La Vista | $250K | $252.5K | +1.0% |
| Richland III | $275K | $256K | -6.9% |
| Papillion Second I | $450K | $395K | -12.2% |
Housing Supply in Richland I, NE
How many homes are available in Richland I, NE?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 35 | +12.9% |
Summary: The Richland I real estate market had 35 homes for sale in October 2024, a 12.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 16 | 16 | 0.0% |
| 5+ Bedrooms | 10 | 14 | +40.0% |
Summary: The Richland I 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Richland I, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Richland I in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Richland I, NE
How long does it take to sell a home in Richland I, NE?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 84 Days | 6 Days | -92.9% |
Summary: Homes in Richland I had an average of 6 days on market in Oct 2024, down by 92.9% 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
Key Takeaway
Many homes in Richland I are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Richland I; 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.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Great Plains REALTORS® Multiple Listing Service, Inc. All rights reserved.