$2,719 Closing Credit*
$229,000
1,422 SqFt
3 Beds
•2 Full Baths
Jennifer L. Emmett, Listing Office: Nebraska Realty
Is University Place, 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, University Place has remained a Seller's Market.
Key Takeaway
University Place is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in University Place, NE
How much do homes in University Place, NE cost?
Median Sold Price
$226,500
$136/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$18,500(-7.6%)
Key Takeaway
Homes in University Place have sold for 7.6% less than they did a month ago.
Summary: The median home sold price in University Place was $226,500 in October 2024, down 7.6% from last month, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $160K | $230K | +43.8% |
| 3 Bedrooms | $255K | $240K | -5.9% |
| 4 Bedrooms | $256.5K | $223K | -13.1% |
| 5+ Bedrooms | - | $189K | N/A |
Summary: University Place 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 increased by 43.8%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 13.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Bethany | $244K | $254K | +4.1% |
| University Place | $245K | $226.5K | -7.6% |
| Havelock | $235K | $210K | -10.6% |
Housing Supply in University Place, NE
How many homes are available in University Place, NE?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 37 | +48.0% |
Summary: The University Place real estate market had 37 homes for sale in October 2024, a 48.0% increase 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 | 9 | 12 | +33.3% |
| 3 Bedrooms | 10 | 19 | +90.0% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The University Place 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 increased by 33.3%, 3 bedroom homes increased by 90%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in University Place, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in University Place in October 2024, up by 50.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for University Place, NE
How long does it take to sell a home in University Place, NE?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 15 Days | -25.8% |
Summary: Homes in University Place had an average of 15 days on market in Oct 2024, down by 25.8% compared to last month.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in University Place are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in University Place; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% 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.