$10,000 Closing Credit*
$939,000
4,706 SqFt
6 Beds
•4 Full Baths, 1 Partial
Alec J Chedel, Listing Office: NextHome Signature Real Estate
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
$420,000
$159/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$50,000(+13.5%)
Key Takeaway
Homes in Richland VIII have sold for 13.5% more than they did a month ago.
Summary: The median home sold price in Richland VIII was $420,000 in October 2024, up 13.5% from last month, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $390.2K | - | N/A |
| 3 Bedrooms | $351.7K | $382.5K | +8.7% |
| 4 Bedrooms | $400K | $437.5K | +9.4% |
| 5+ Bedrooms | $670K | $435K | -35.1% |
Summary: Richland VIII 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 increased by 8.7%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes decreased by 35.1%.
Median Sold Price Compared To Nearby Cities
| Richland V | $271.5K | $311K | +14.5% |
| Richland VIII | $370K | $420K | +13.5% |
| Richland VII | $436.1K | $380K | -12.9% |
Housing Supply in Richland VIII, NE
How many homes are available in Richland VIII, NE?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 185 | 183 | -1.1% |
Summary: The Richland VIII real estate market had 183 homes for sale in October 2024, a 1.1% decrease 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 122 | 117 | -4.1% |
| 4 Bedrooms | 42 | 45 | +7.1% |
| 5+ Bedrooms | 17 | 17 | 0.0% |
Summary: The Richland VIII 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 decreased by 4.1%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 21 | +16.7% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Richland VIII, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Richland VIII in October 2024, up by 16.7% month-over-month. Of the 21 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 86 Days | +256.9% |
Summary: Homes in Richland VIII had an average of 86 days on market in Oct 2024, up by 256.9% compared to last month.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
6 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 October 2024, 21 homes were sold in Richland VIII; 67% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 29% 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.