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 Saronville, 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.
Over the past 12 months, the Nebraska area saw 1,121 properties sold, totaling $268.1M in sales volume. In just the last 3 months, 225 properties changed hands.
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.
Land in the Nebraska area averages $7.6M per acre. The median price per acre is $83K, which may be more representative of typical transactions. Most parcels sold are around 1.2 acres.
The median land price in the Nebraska area stands at $110K. This translates to roughly $83K per acre for the typical parcel size. The average price is $239K, indicating some higher-priced properties pulling up the average.
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.
