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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tekamah is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Tekamah was a Seller's Market.

Key Takeaway

Tekamah is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Tekamah, NE

How much do homes in Tekamah, NE cost?

Median Sold Price

$187,500

$93/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$67,500(-26.5%)

Key Takeaway

Homes in Tekamah have sold for 26.5% less than they did a month ago.

Summary: The median home sold price in Tekamah was $187,500 in October 2024, down 26.5% from last month, and the median price per square foot was $93.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $175K-
N/A
3 $255K$187.5K
-26.5%
4 $295K-
N/A
5+ --
N/A

Summary: Tekamah 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 decreased by 26.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Tekamah, NE

How many homes are available in Tekamah, NE?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1014+40.0%

Summary: The Tekamah real estate market had 14 homes for sale in October 2024, a 40.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 36
+100.0%
4 54
-20.0%
5+ 13
+200.0%

Summary: The Tekamah 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 increased by 100%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tekamah, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Tekamah in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Tekamah, NE

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

Average Sale Time

Sep 2024Oct 2024CHANGE
23 Days70 Days+200.0%

Summary: Homes in Tekamah had an average of 70 days on market in Oct 2024, up by 200% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Tekamah has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Tekamah; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 4 Days Ago

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