Elkhorn Housing Market Report January 2025Stanton County, Nebraska

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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?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Elkhorn is a Buyer's Market

Difference Since January 2024

Since last year, Elkhorn has remained a Buyer'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

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$508,475$191/SqFt
-$11,891
-2.3%

Based on all homes sold in the last 12 months

Insight

Homes in Elkhorn have sold for 2.3% less than they did a year ago.

Summary: The median home sold price in Elkhorn was $508,475 in January 2025, down 2.3% from last year, and the median price per square foot was $191.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1-$151K
N/A
2$368.2K$350.8K
-4.7%
3$520.3K$381.9K
-26.6%
4$463.2K$500K
+7.9%
5$604.9K$652.9K
+7.9%

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 +7.9%. The home price for 5 bedroom homes increased by +7.9%.

Housing supply in Elkhorn, NE

How many homes are available in Elkhorn, NE?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
338Last MonthJan 2025
2822 months agoDec 2024
+19.9 %
Change MoMDec – Jan

Summary: The Elkhorn real estate market had 338 homes for sale in Jan 2025, a 19.9 % increase compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
46Last MonthJan 2025
552 months agoDec 2024
-16.4 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
100
0.0%
2108
-20.0%
36968
-1.4%
4105122
+16.2%
598140
+42.9%

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 +16.2%. The inventory for 5 bedroom homes increased by +42.9%.

Asking Price vs. Sold Price

How much do homes in Elkhorn, NE cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price8 Homes

At Asking Price13 Homes

Under Asking Price22 Homes

Insight

If you're buying a home in Elkhorn, you may be able to get a good deal. 51.2% of homes here sold below asking price last month.

Summary: A total of 46 homes were sold or pending in Elkhorn in January 2025, down by 16.4% month-over-month. Of the 43 sold homes, 51% were sold under asking, 30% were sold at asking, and and 19% 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 Days15 Homes

Over 90 Days9 Homes

Insight

Many homes in Elkhorn are selling fast, if you're buying plan to act quickly.

Summary: During January 2025, 46 homes were sold in Elkhorn; 48% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange 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.

Newest Listings in Elkhorn, NE

What homes are available in Elkhorn, NE?

Nearby markets

Nearby markets aren't available for Elkhorn, NE

MLS Disclaimers and Copyright

Based on information from Great Plains Regional MLS, for the period 02/01/2023 - 02/01/2025

IDXThe 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: 2/21/2025, 11:55:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.