#22504406, Johnathan P. O'Gorman, Listing Office: Better Homes and Gardens R.E.
Elkhorn Housing Market Report January 2025•Douglas County, Nebraska
Housing Prices in Elkhorn, NE
How much do homes in Elkhorn, NE cost?
Housing Market Conditions
Is Elkhorn, NE a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Elkhorn is a Buyer's Market
Difference Since January 2024
Since last year, Elkhorn has remained a Buyer's Market.
Elkhorn is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Elkhorn have sold for 1.4% less than they did a year ago.
Summary: The median home sold price in Elkhorn was $513,250 in January 2025, down 1.4% from last year, and the median price per square foot was $191.
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | $151K | N/A |
22 Bedrooms | $368.2K | $350.8K | -4.7% |
33 Bedrooms | $520.3K | $381.7K | -26.6% |
44 Bedrooms | $463.2K | $506.7K | +9.4% |
55+ Bedrooms | $604.9K | $654.9K | +8.3% |
Summary: Elkhorn housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -4.7%. The home price for 3 bedroom homes decreased by -26.6%. The home price for 4 bedroom homes increased by +9.4%. The home price for 5 bedroom homes increased by +8.3%.
Housing supply in Elkhorn, NE
How many homes are available in Elkhorn, NE?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
341Last MonthJan 2025 | ||
2842 months agoDec 2024 | +20.1 % Change MoMDec – Jan |
Summary: The Elkhorn real estate market had 341 homes for sale in Jan 2025, a 20.1 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
47Last MonthJan 2025 | ||
552 months agoDec 2024 | -14.5 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 10 | 8 | -20.0% |
33 Bedrooms | 70 | 69 | -1.4% |
44 Bedrooms | 106 | 123 | +16.0% |
55+ Bedrooms | 98 | 141 | +43.9% |
Summary: Elkhorn housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -20.0%. The inventory for 3 bedroom homes decreased by -1.4%. The inventory for 4 bedroom homes increased by +16.0%. The inventory for 5 bedroom homes increased by +43.9%.
Asking Price vs. Sold Price
How much do homes in Elkhorn, NE cost?
Over Asking Price8 Homes
At Asking Price13 Homes
Under Asking Price23 Homes
If you're buying a home in Elkhorn, you may be able to get a good deal. 52.3% of homes here sold below asking price last month.
Summary: A total of 47 homes were sold or pending in Elkhorn in January 2025, down by 14.5% month-over-month. Of the 44 sold homes, 52% were sold under asking, 30% were sold at asking, and and 18% were sold over asking.
Days on Market for Elkhorn, NE
How long does it take to sell a home in Elkhorn, NE?
Breakdown of Home Sale Times
Under 30 Days22 Homes
30 – 90 Days16 Homes
Over 90 Days9 Homes
Many homes in Elkhorn are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 47 homes were sold in Elkhorn; 47% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
53 DaysThis YearJan 2025 | ||
133 Days1 year agoJan 2024 | -59.9 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Elkhorn had an average listing age of 53 days in Jan 2025, down by 59.9% compared to the previous year.
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Newest Listings in Elkhorn, NE
What homes are available in Elkhorn, NE?
Nearby markets
MLS Disclaimers and Copyright
Based on information from Great Plains Regional MLS, for the period 02/01/2023 - 02/01/2025
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 7:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.