$4,275 Closing Credit*
$360,000
2,498 SqFt
3 Beds
•3 Full Baths
Kris M. Swanson, Listing Office: Nebraska Realty
Is Richland VIII, 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 VIII has remained a Buyer's Market.
Key Takeaway
Richland VIII is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Richland VIII, NE
How much do homes in Richland VIII, NE cost?
Median Sold Price
$373,600
$180/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$36,400(-8.9%)
Key Takeaway
Homes in Richland VIII have sold for 8.9% less than they did a month ago.
Summary: The median home sold price in Richland VIII was $373,600 in November 2024, down 8.9% from last month, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $380K | $362.5K | -4.6% |
| 4 Bedrooms | $437.5K | $384.3K | -12.2% |
| 5+ Bedrooms | $435K | $515K | +18.4% |
Summary: Richland VIII 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 4.6%, 4 bedroom homes decreased by 12.2%, and 5+ bedroom homes increased by 18.4%.
Median Sold Price Compared To Nearby Cities
| Richland VI | $238K | $304K | +27.7% |
| Richland V | $297.3K | $294.9K | -0.8% |
| Richland VII | $385K | $372.5K | -3.2% |
| Richland VIII | $410K | $373.6K | -8.9% |
| Richland II | $270K | $244K | -9.6% |
Housing Supply in Richland VIII, NE
How many homes are available in Richland VIII, NE?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 188 | 174 | -7.4% |
Summary: The Richland VIII real estate market had 174 homes for sale in November 2024, a 7.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 121 | 115 | -5.0% |
| 4 Bedrooms | 46 | 39 | -15.2% |
| 5+ Bedrooms | 17 | 17 | 0.0% |
Summary: The Richland VIII 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 decreased by 25%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 24 | +9.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Richland VIII, expect to pay close to the asking price. 47.8% of homes here sold near the asking price last month.
Summary: A total of 24 homes were sold or pending in Richland VIII in November 2024, up by 9.1% month-over-month. Of the 23 sold homes, 35% were sold under asking, 48% were sold at asking, and 17% were sold over asking.
Days on Market for Richland VIII, NE
How long does it take to sell a home in Richland VIII, NE?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 Days | 108 Days | +107.5% |
Summary: Homes in Richland VIII had an average of 108 days on market in Nov 2024, up by 107.5% compared to last month.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Richland VIII are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 24 homes were sold in Richland VIII; 42% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 38% 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.