New - 5 hours on Rocket
$10,000 Closing Credit¹
Jennifer L Bennett, Listing Office: BHHS Ambassador Real Estate
Elkhorn Housing Market Report December 2024•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 November 2024
Last month, Elkhorn was a Seller's Market.
Insight
Elkhorn is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$535,000$178/SqFt
-$35,000
-6.1%
Based on all homes sold in December 2024
Insight
Homes in Elkhorn have sold for 6.1% less than they did a month ago.
Summary: The median home sold price in Elkhorn was $535,000 in December 2024, down 6.1% from last month, and the median price per square foot was $178.
Median Sold Price By City
| City | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| Elkhorn | $570K | $535K | -6.1% |
| Jefferson | $455K | $390K | -14.3% |
Median Sold Price By Bedrooms
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $375K | - | N/A |
| 33 Bedrooms | $379.9K | $440K | +15.8% |
| 44 Bedrooms | $525K | $492.5K | -6.2% |
| 55+ Bedrooms | $635K | $680K | +7.1% |
Summary: Elkhorn housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +15.8%. The home price for 4 bedroom homes decreased by -6.2%. The home price for 5 bedroom homes increased by +7.1%.
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 |
|---|---|---|
| 289Last MonthDec 2024 | ||
| 3472 months agoNov 2024 | -16.7 % Change MoMNov – Dec |
Summary: The Elkhorn real estate market had 289 homes for sale in Dec 2024, a 16.7 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 40Last MonthDec 2024 | ||
| 832 months agoNov 2024 | -51.8 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 14 | 10 | -28.6% |
| 33 Bedrooms | 75 | 60 | -20.0% |
| 44 Bedrooms | 127 | 97 | -23.6% |
| 55+ Bedrooms | 131 | 122 | -6.9% |
Summary: Elkhorn housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -28.6%. The inventory for 3 bedroom homes decreased by -20.0%. The inventory for 4 bedroom homes decreased by -23.6%. The inventory for 5 bedroom homes decreased by -6.9%.
Asking Price vs. Sold Price
How much do homes in Elkhorn, NE cost?
Over Asking Price10 Homes
At Asking Price11 Homes
Under Asking Price18 Homes
Insight
If you're buying a home in Elkhorn, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 40 homes were sold or pending in Elkhorn in December 2024, down by 51.8% month-over-month. Of the 39 sold homes, 46% were sold under asking, 28% were sold at asking, and and 26% 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 Days23 Homes
30 – 90 Days14 Homes
Over 90 Days3 Homes
Insight
Many homes in Elkhorn are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 40 homes were sold in Elkhorn; 57% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 32 DaysLast MonthDec 2024 | ||
| 35 Days1 month agoNov 2024 | -9.7 % Change MoMNov – Dec |
Summary: Homes in Elkhorn had an average listing age of 32 days in Dec 2024, down by 9.7% compared to the previous month.
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Newest Listings in Elkhorn, NE
What homes are available in Elkhorn, NE?
New - 12 hours on Rocket
$9,013 Closing Credit¹
Deb Cizek, Listing Office: BHHS Ambassador Real Estate
New - 1 day on Rocket
$4,030 Closing Credit¹
Don Igo, Listing Office: Celebrity Homes Inc
New - 1 day on Rocket
$3,953 Closing Credit¹
Shelley E. Hourigan, Listing Office: Celebrity Homes Inc
New - 1 day on Rocket
$4,090 Closing Credit¹
Don Igo, Listing Office: Celebrity Homes Inc
New - 1 day on Rocket
$4,090 Closing Credit¹
Shelley E. Hourigan, Listing Office: Celebrity Homes Inc
New - 1 day on Rocket
$3,989 Closing Credit¹
Don Igo, Listing Office: Celebrity Homes Inc
New - 1 day on Rocket
$4,007 Closing Credit¹
Shelley E. Hourigan, Listing Office: Celebrity Homes Inc
New - 1 day on Rocket
Cassie Litz, Listing Office: BHHS Ambassador Real Estate
New - 1 day on Rocket
$5,213 Closing Credit¹
John Kortus, Listing Office: Better Homes and Gardens R.E.
New - 1 day on Rocket
$5,225 Closing Credit¹
Aubrey C. Sookram, Listing Office: BHHS Ambassador Real Estate
New - 1 day on Rocket
$5,641 Closing Credit¹
Eric J. Carraher, Listing Office: Meraki Realty Group
Nearby markets
MLS Disclaimers and Copyright
Based on information from Great Plains Regional MLS, for the period 11/01/2024 - 01/01/2025
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Great Plains REALTORS® Multiple Listing Service, Inc. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.