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Welcome to the October 2020 Lancaster County Nebraska real estate market report brought to you by Eric L. Brown REALTOR®. This report covers the Lancaster County area in Nebraska which includes the towns of; Lincoln, Hickman, Waverly, Raymond, Malcolm, Davey and others within the county boundaries.

If you are in the market for a new home, be sure to use my home search tool to find properties in your price range. Also. feel free to give me a call and we can answer your home buying questions.

If you are thinking of selling your home, you can take advantage of our free home valuation tool to get an idea of your home’s worth. We can list and market your home to qualified buyers to get your home sold quickly.


Lancaster County Overall Housing Stats

New and Existing Home Sales Data October 2020 

The average sale price for homes in the Lancaster County Nebraska area region  MLS (Multiple Listing Service) during October 2020 was $255,987 ; this is up from the October 2019 average of $237,058. The average days on market in October 2020 was 14 days compared to October 2019 which was 26 days. Sellers in Lancaster County received 100.7% of their asking price for the home sold. 

Lancaster CountyOctober 2020October 2019
Average Sales Price$255,987$237,058
Average Price Per Sq. Ft.$179.00$163.00
Average Days on Market1426

 


Lancaster County Existing Homes Sales

$135,000 to $188,999

October 2020 Data

New Listings to Hit the Market : 94 (-28.8%)

Pending Homes: 85

Average Days on Market: 6

Absorption Rate/Months Supply: .50

$189,000 to $288,999

October 2020 Data

New Listings to Hit the Market: 147

Pending Homes: 137

Average Days on Market: 6

Absorption Rate/Months Supply: .40

$289,000 or More

October 2020 Data

New Listings to Hit the Market: 106

Pending Homes: 80

Average Days on Market: 20

Absorption Rate/Months Supply: 1.4

Some of the Homes Sold in Lancaster County During October 2020

AddressCityPriceTotal AcresTSqFtYBLT
2319 Washington StreetLincoln$95,000 0.067761900
4517 Adams StreetLincoln$138,500 0.12,3581920
280 Hudkins RoadMalcolm$155,100 0.212,4061974
22100 S 96th StreetHickman$161,005 0.171,7761955
410 E 2nd StreetFirth$197,000 1.711,2881900
410 Adams StreetBennet$200,000 0.312,1001920
2730 Dahlia DriveLincoln$225,000 0.161,6872006
13400 W Bluff RoadMalcolm$350,000 5.22,0321983
8933 Trader CourtLincoln$360,000 0.22,8532020
7352 Gerald AvenueLincoln$500,000 0.253,2122017
15001 Branched Oak RoadWaverly$780,000 17.795,1222002

Recent Homes Sold in Lancaster County


What is your home’s value?


New Construction Homes in Lancaster County Nebraska

New Listings Under Construction : 81

New Listings Complete Never Occupied: 15

On the Market Complete Never Occupied: 40

Average Price Per Sq Ft for properties complete never occupied :  2020  $225.00  2019  $216.00

New Construction New Listings to Hit the Market


What Does This Mean For Buyers In Lancaster County Nebraska?

Buyers in Lancaster County Nebraska can expect to see a continuation of low inventory of existing homes.

The average sale price has increased this year, and in many price ranges, there are far less homes listed compared to this time last year.

Buyers should have financing in place and be ready to act when they find a property that matches their criteria. Be sure to search for properties in your price.

Give  me  a call today so i can help find your happy home! and i will be glad to help you.

What Does This Mean For Sellers In Lancaster County Nebraska?

Lancaster County Nebraska is still in a sellers market with only 1.1 months of inventory available. There is a strong demand for homes in the $200k$300k price range.

Sellers can expect to get close to asking price for their homes as the list price to sold price ratio is 100.7%, and the number of days on the market before a home is sold is averaging 14 days.

 

Sellers can use our free home valuation tool to get an idea of their home’s worth, then give me a call and i can answer all your questions about getting your home listed today.

Lancaster County Nebraska Homes For Sale

Here are the most recent home listings just added to the database in the Lancaster County Nebraska Area.


Summary
Lancaster County Nebraska Housing Market October 2020
Article Name
Lancaster County Nebraska Housing Market October 2020
Description
Welcome to this month’s Lancaster County Nebraska real estate market report brought to you by Eric L. Brown Realtor. If you are in the market for a new home, use our home search tool to find properties in your price range. Give us a call and we can answer your home buying questions. If you are thinking of selling your home, you can take advantage of our free home valuation tool to get an idea of your home’s worth. We can list and market your home to qualified buyers to get your home sold quickly.
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Publisher Name
Eric L Brown REALTOR® HOME Real Estate
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