Welcome to the October 2020 Lancaster County Nebraska real estate market report brought to you by Eric L. Brown Real Estate Agent. 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
- Lancaster County Existing Homes Sales
- Some of the Homes Sold in Lancaster County During October 2020
- Recent Homes Sold in Lancaster County
- What Does This Mean For Buyers In Lancaster County Nebraska?
- What Does This Mean For Sellers In Lancaster County Nebraska?
- Lancaster County Nebraska Homes For Sale
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 County | October 2020 | October 2019 |
|---|---|---|
| Average Sales Price | $255,987 | $237,058 |
| Average Price Per Sq. Ft. | $179.00 | $163.00 |
| Average Days on Market | 14 | 26 |
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
| Address | City | Price | Total Acres | TSqFt | YBLT |
|---|---|---|---|---|---|
| 2319 Washington Street | Lincoln | $95,000 | 0.06 | 776 | 1900 |
| 4517 Adams Street | Lincoln | $138,500 | 0.1 | 2,358 | 1920 |
| 280 Hudkins Road | Malcolm | $155,100 | 0.21 | 2,406 | 1974 |
| 22100 S 96th Street | Hickman | $161,005 | 0.17 | 1,776 | 1955 |
| 410 E 2nd Street | Firth | $197,000 | 1.71 | 1,288 | 1900 |
| 410 Adams Street | Bennet | $200,000 | 0.31 | 2,100 | 1920 |
| 2730 Dahlia Drive | Lincoln | $225,000 | 0.16 | 1,687 | 2006 |
| 13400 W Bluff Road | Malcolm | $350,000 | 5.2 | 2,032 | 1983 |
| 8933 Trader Court | Lincoln | $360,000 | 0.2 | 2,853 | 2020 |
| 7352 Gerald Avenue | Lincoln | $500,000 | 0.25 | 3,212 | 2017 |
| 15001 Branched Oak Road | Waverly | $780,000 | 17.79 | 5,122 | 2002 |
Recent Homes Sold in Lancaster County
What’s your home worth??
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 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.
