Comprehensive market data and analysis
43.6 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M | ||
|---|---|---|---|---|---|---|
| No acreage data available for Holbrook, Nebraska | ||||||
The median price for land in the Nebraska area is currently $83K per acre. For a typical parcel, the median sale price is $110K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $25K while premium lots reached $550K.
the Nebraska area is currently a strong buyer's market with 43.6 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 42.9% year-over-year.
the Nebraska area currently has 43.6 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in the Nebraska area typically sells within 243 days of listing. The median time on market is 81 days. Properties are moving slowly in the current strong buyer's market.
The current absorption rate in the Nebraska area is 2.3% (3-month basis), indicating slow demand. With appreciating values (+42.9% YoY), the market shows growth potential. The top-performing broker in this market is Nebraska Realty.
There are currently 3,268 active listings in the Nebraska area. 823 new listings have hit the market in the last 90 days. The median asking price is $80K.
The 3-month absorption rate in the Nebraska area is 2.3%. The 12-month rate is 2.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
