Lancaster County Housing Market Report February 2025Lancaster County, Nebraska

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Housing Prices in Lancaster County, NE

How much do homes in Lancaster County, NE cost?

Housing Market Conditions

Is Lancaster County, 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

Lancaster County is a Seller's Market

Difference Since January 2025

Last month, Lancaster County has remained a Seller's Market.

Insight

Lancaster County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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.
$297,200$165/SqFt
+$19,200
+6.9%

Based on all homes sold in February 2025

Insight

Homes in Lancaster County have sold for 6.9% more than they did a month ago.

Summary: The median home sold price in Lancaster County was $297,200 in February 2025, up 6.9% from last month, and the median price per square foot was $165.

Median Sold Price By Counties

Median Sold Price By Counties
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
Saunders County
+53.9%
Lancaster County
+6.9%
Seward County
-10.2%
Otoe County
-13.2%
Cass County
-15.1%

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 2025Feb 2025Change MoM
1$117K$205.2K
+75.4%
2$218.7K$205K
-6.3%
3$250K$271K
+8.4%
4$388K$400K
+3.1%
5$539.4K$559.3K
+3.7%

Summary: Lancaster County housing price by bedroom type for February 2025, compared to the previous month. The home price for 1 bedroom homes increased by +75.4%. The home price for 2 bedroom homes decreased by -6.3%. The home price for 3 bedroom homes increased by +8.4%. The home price for 4 bedroom homes increased by +3.1%. The home price for 5 bedroom homes increased by +3.7%.

Housing supply in Lancaster County, NE

How many homes are available in Lancaster County, 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
998Last MonthFeb 2025
9762 months agoJan 2025
+2.3 %
Change MoMJan – Feb

Summary: The Lancaster County real estate market had 998 homes for sale in Feb 2025, a 2.3 % increase compared to Jan 2025.

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
201Last MonthFeb 2025
2302 months agoJan 2025
-12.6 %
Change MoMJan – Feb

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.
BedsJan 2025Feb 2025Change MoM
1119
-18.2%
2170181
+6.5%
3375345
-8.0%
4264284
+7.6%
5156179
+14.7%

Summary: Lancaster County housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -18.2%. The inventory for 2 bedroom homes increased by +6.5%. The inventory for 3 bedroom homes decreased by -8.0%. The inventory for 4 bedroom homes increased by +7.6%. The inventory for 5 bedroom homes increased by +14.7%.

Asking Price vs. Sold Price

How much do homes in Lancaster County, 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 Price41 Homes

At Asking Price50 Homes

Under Asking Price99 Homes

Insight

If you're buying a home in Lancaster County, you may be able to get a good deal. 52.1% of homes here sold below asking price last month.

Summary: A total of 201 homes were sold or pending in Lancaster County in February 2025, down by 12.6% month-over-month. Of the 190 sold homes, 52% were sold under asking, 26% were sold at asking, and and 22% were sold over asking.

Days on Market for Lancaster County, NE

How long does it take to sell a home in Lancaster County, NE?

Breakdown of Home Sale Times

Under 30 Days136 Homes

30 – 90 Days45 Homes

Over 90 Days20 Homes

Insight

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

Summary: During February 2025, 201 homes were sold in Lancaster County; 68% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 10% 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.
Last Month1 month agoChange MoM
32 DaysLast MonthFeb 2025
26 Days1 month agoJan 2025
+21.3 %
Change MoMJan – Feb

Summary: Homes in Lancaster County had an average listing age of 32 days in Feb 2025, up by 21.3% compared to the previous month.

Newest Listings in Lancaster County, NE

What homes are available in Lancaster County, NE?

MLS Disclaimers and Copyright

Based on information from Great Plains Regional MLS, for the period 01/01/2025 - 03/01/2025

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: 3/12/2025, 6:25:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.