New - 3 hours on Rocket
$4,988 Closing Credit¹
Debbie Meyer, Listing Office: BHHS Ambassador Real Estate
Papillion Housing Market Report December 2024•Sarpy County, Nebraska
Housing Prices in Papillion, NE
How much do homes in Papillion, NE cost?
Housing Market Conditions
Is Papillion, NE a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Papillion is a Seller's Market
Difference Since November 2024
Last month, Papillion has remained a Seller's Market.
Insight
Papillion is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$415,000$176/SqFt
+$10,000
+2.5%
Based on all homes sold in December 2024
Insight
Homes in Papillion have sold for 2.5% more than they did a month ago.
Summary: The median home sold price in Papillion was $415,000 in December 2024, up 2.5% from last month, and the median price per square foot was $176.
Median Sold Price By City
| City | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| La Vista | $264K | $305K | +15.5% |
| Gilmore II | $402.8K | $430K | +6.7% |
| Papillion Second II | $375.4K | $400K | +6.5% |
| Papillion | $405K | $415K | +2.5% |
| Papillion Second I | $462.1K | $438.3K | -5.2% |
Median Sold Price By Bedrooms
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $370K | $401.4K | +8.5% |
| 33 Bedrooms | $350K | $317.5K | -9.3% |
| 44 Bedrooms | $421.5K | $475K | +12.7% |
| 55+ Bedrooms | $510K | $482.5K | -5.4% |
Summary: Papillion 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 increased by +8.5%. The home price for 3 bedroom homes decreased by -9.3%. The home price for 4 bedroom homes increased by +12.7%. The home price for 5 bedroom homes decreased by -5.4%.
Housing supply in Papillion, NE
How many homes are available in Papillion, NE?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 257Last MonthDec 2024 | ||
| 2962 months agoNov 2024 | -13.2 % Change MoMNov – Dec |
Summary: The Papillion real estate market had 257 homes for sale in Dec 2024, a 13.2 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 51Last MonthDec 2024 | ||
| 602 months agoNov 2024 | -15.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 15 | 20 | +33.3% |
| 33 Bedrooms | 96 | 72 | -25.0% |
| 44 Bedrooms | 118 | 107 | -9.3% |
| 55+ Bedrooms | 67 | 58 | -13.4% |
Summary: Papillion 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 increased by +33.3%. The inventory for 3 bedroom homes decreased by -25.0%. The inventory for 4 bedroom homes decreased by -9.3%. The inventory for 5 bedroom homes decreased by -13.4%.
Asking Price vs. Sold Price
How much do homes in Papillion, NE cost?
Over Asking Price7 Homes
At Asking Price17 Homes
Under Asking Price25 Homes
Insight
If you're buying a home in Papillion, you may be able to get a good deal. 51% of homes here sold below asking price last month.
Summary: A total of 51 homes were sold or pending in Papillion in December 2024, down by 15.0% month-over-month. Of the 49 sold homes, 51% were sold under asking, 35% were sold at asking, and and 14% were sold over asking.
Days on Market for Papillion, NE
How long does it take to sell a home in Papillion, NE?
Breakdown of Home Sale Times
Under 30 Days27 Homes
30 – 90 Days15 Homes
Over 90 Days9 Homes
Insight
Many homes in Papillion are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 51 homes were sold in Papillion; 53% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 51 DaysLast MonthDec 2024 | ||
| 29 Days1 month agoNov 2024 | +72.2 % Change MoMNov – Dec |
Summary: Homes in Papillion had an average listing age of 51 days in Dec 2024, up by 72.2% compared to the previous month.
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Newest Listings in Papillion, NE
What homes are available in Papillion, NE?
New - 21 hours on Rocket
$6,530 Closing Credit¹
Landon W. Hilderbrand, Listing Office: Better Homes and Gardens R.E.
New - 22 hours on Rocket3D tour
$6,530 Closing Credit¹
Jamie L. Hilderbrand, Listing Office: Better Homes and Gardens R.E.
New - 23 hours on Rocket
$7,067 Closing Credit¹
Doyle B Ollis Jr, Listing Office: Nebraska Realty
New - 23 hours on Rocket
$5,642 Closing Credit¹
Doyle B Ollis Jr, Listing Office: Nebraska Realty
New - 1 day on Rocket
$4,738 Closing Credit¹
Laura and Carold Doocy-Souza, Listing Office: Better Homes and Gardens R.E.
New - 1 day on Rocket
$3,551 Closing Credit¹
Kerri J Pauley-Kelly, Listing Office: BHHS Ambassador Real Estate
New - 1 day on Rocket
$4,275 Closing Credit¹
Julie A. Deshazo, Listing Office: BHHS Ambassador Real Estate
New - 1 day on Rocket
$6,886 Closing Credit¹
Nicole M. Hilderbrand, Listing Office: Better Homes and Gardens R.E.
New - 1 day on Rocket
$6,768 Closing Credit¹
Nicole M. Hilderbrand, Listing Office: Better Homes and Gardens R.E.
New - 6 days on Rocket
$5,047 Closing Credit¹
Carol J. Kaufman, Listing Office: Care Home Team LLC
New - 7 days on Rocket
$7,897 Closing Credit¹
Johnathan P. O'Gorman, Listing Office: Better Homes and Gardens R.E.
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: 1/29/2025, 3:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.