Nebraska started 2024 with a total of 2,710 single-family homes on the market, with a median home price of $379,000 and an average price per square foot of $179.22. By the end of the year, inventory had increased to 3,027 homes on the market (+12%), with a median home price of $345,000 (-9%), and an average price per square foot of $179 (0%).
At the start of 2024, the median days on market (DOM) was 70 days – by the end of the year, median DOM had decreased to 70 days.
Nebraska started the year with 23.25% of homes taking a price cut. (For reference, 35% is the national average for price reductions in a "normal" year.) By the end of the year, about 29.04% of homes for sale had taken a price cut.
