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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tekamah is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Tekamah was a Neutral Market.

Key Takeaway

Tekamah is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Tekamah, NE

How much do homes in Tekamah, NE cost?

Median Sold Price

$205,000

$90/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$17,500(+9.3%)

Key Takeaway

Homes in Tekamah have sold for 9.3% more than they did a month ago.

Summary: The median home sold price in Tekamah was $205,000 in November 2024, up 9.3% from last month, and the median price per square foot was $90.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $187.5K-
N/A
4 -$205K
N/A
5+ --
N/A

Summary: Tekamah 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 did not change, 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

Oct 2024Nov 2024CHANGE
1314+7.7%

Summary: The Tekamah real estate market had 14 homes for sale in November 2024, a 7.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 12
+100.0%
3 64
-33.3%
4 45
+25.0%
5+ 22
0.0%

Summary: The Tekamah housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tekamah, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Tekamah in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Oct 2024Nov 2024CHANGE
70 Days22 Days-68.6%

Summary: Homes in Tekamah had an average of 22 days on market in Nov 2024, down by 68.6% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Tekamah; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

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