Is Richland II, NE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Richland II is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Richland II has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Richland II, NE

How much do homes in Richland II, NE cost?

Median Sold Price

$244,000

$125/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$26,000(-9.6%)

Key Takeaway

Homes in Richland II have sold for 9.6% less than they did a month ago.

Summary: The median home sold price in Richland II was $244,000 in November 2024, down 9.6% from last month, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $270K$210K
-22.2%
4 -$278K
N/A
5+ --
N/A

Summary: Richland II 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 decreased by 22.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Richland III
+15.2%
La Vista
+4.6%
Richland V
-0.8%
Richland II
-9.6%
Richland I
-12.1%

Housing Supply in Richland II, NE

How many homes are available in Richland II, NE?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
84-50.0%

Summary: The Richland II real estate market had 4 homes for sale in November 2024, a 50.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 72
-71.4%
4 12
+100.0%
5+ 00
0.0%

Summary: The Richland II 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 decreased by 71.4%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

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 Richland II, 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 Richland II in November 2024, the same as the previous 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 Richland II, NE

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

Average Sale Time

Oct 2024Nov 2024CHANGE
43 Days46 Days+5.7%

Summary: Homes in Richland II had an average of 46 days on market in Nov 2024, up by 5.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Richland II; 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 10 Days Ago

Newest Listings in Richland II, NE

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