7 hours on Rocket
$5,344 Closing Credit¹
#22510570, Jacki Ehmke, Listing Office: BHHS Ambassador Real Estate
Papillion Second I Housing Market Report March 2025•Sarpy County, Nebraska
Housing Prices in Papillion Second I, NE
How much do homes in Papillion Second I, NE cost?
Housing Market Conditions
Is Papillion Second I, NE a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Papillion Second I is a Buyer's Market
Difference Since February 2025
Last month, Papillion Second I has remained a Buyer's Market.
Insight
Papillion Second I is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$470,000$188/SqFt
+$95,000
+25.3%
Based on all homes sold in March 2025
Insight
Homes in Papillion Second I have sold for 25.3% more than they did a month ago.
Summary: The median home sold price in Papillion Second I was $470,000 in March 2025, up 25.3% from last month, and the median price per square foot was $188.
Median Sold Price By Cities
| City | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| Papillion Second I | $375K | $470K | +25.3% |
| Papillion | $415.8K | $438.2K | +5.4% |
| Douglas | $312K | $290K | -7.1% |
| Papillion Second II | $422.3K | $360K | -14.8% |
| La Vista | $301.5K | $231.5K | -23.2% |
Median Sold Price By Bedrooms
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $319.3K | - | N/A |
| 33 Bedrooms | $358.1K | $409.3K | +14.3% |
| 44 Bedrooms | $449K | $487.5K | +8.6% |
| 55+ Bedrooms | $449.9K | $545K | +21.1% |
Summary: Papillion Second I housing price by bedroom type for March 2025, 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 +14.3%. The home price for 4 bedroom homes increased by +8.6%. The home price for 5 bedroom homes increased by +21.1%.
How does Papillion Second I, NE compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Papillion Second I, NE
Housing supply in Papillion Second I, NE
How many homes are available in Papillion Second I, NE?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 166Last MonthMar 2025 | ||
| 1702 months agoFeb 2025 | -2.4 % Change MoMFeb – Mar |
Summary: The Papillion Second I real estate market had 166 homes for sale in Mar 2025, a 2.4 % decrease compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 21Last MonthMar 2025 | ||
| 242 months agoFeb 2025 | -12.5 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 6 | 6 | 0.0% |
| 33 Bedrooms | 57 | 50 | -12.3% |
| 44 Bedrooms | 74 | 71 | -4.1% |
| 55+ Bedrooms | 33 | 39 | +18.2% |
Summary: Papillion Second I housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -12.3%. The inventory for 4 bedroom homes decreased by -4.1%. The inventory for 5 bedroom homes increased by +18.2%.
Asking Price vs. Sold Price
How much do homes in Papillion Second I, NE cost?
Over Asking Price6 Homes
At Asking Price10 Homes
Under Asking Price5 Homes
Insight
If you're buying a home in Papillion Second I, expect to pay close to the asking price. 47.6% of homes here sold near the asking price last month.
Summary: A total of 21 homes were sold or pending in Papillion Second I in March 2025, down by 12.5% month-over-month. Of the 21 sold homes, 24% were sold under asking, 48% were sold at asking, and and 29% were sold over asking.
Days on Market for Papillion Second I, NE
How long does it take to sell a home in Papillion Second I, NE?
Breakdown of Home Sale Times
Under 30 Days13 Homes
30 – 90 Days5 Homes
Over 90 Days3 Homes
Insight
Many homes in Papillion Second I are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 21 homes were sold in Papillion Second I; 62% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 50 DaysLast MonthMar 2025 | ||
| 74 Days1 month agoFeb 2025 | -32.3 % Change MoMFeb – Mar |
Summary: Homes in Papillion Second I had an average listing age of 50 days in Mar 2025, down by 32.3% compared to the previous month.
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Newest Listings in Papillion Second I, NE
What homes are available in Papillion Second I, NE?
2 days on Rocket
$4,156 Closing Credit¹
#22510944, Aaron Moulton, Listing Office: DRH Realty Nebraska LLC
3 days on Rocket
$6,828 Closing Credit¹
#22510780, Steve VanHerpen, Listing Office: Real Broker NE, LLC
4 days on Rocket
$6,175 Closing Credit¹
#22510541, Doyle B Ollis Jr, Listing Office: Nebraska Realty
$4,571 Closing Credit¹
#22510245, Jennifer M. Torczon, Listing Office: BHHS Ambassador Real Estate
$6,389 Closing Credit¹
#22510150, Diane M. Hughes, Listing Office: BHHS Ambassador Real Estate
$4,114 Closing Credit¹
#22510068, Monica M. Lang, Listing Office: Celebrity Homes Inc
$4,268 Closing Credit¹
#22510067, Monica M. Lang, Listing Office: Celebrity Homes Inc
$4,416 Closing Credit¹
#22510066, Tiffany Stanton, Listing Office: Celebrity Homes Inc
$4,541 Closing Credit¹
#22510064, Tiffany Stanton, Listing Office: Celebrity Homes Inc
$4,482 Closing Credit¹
#22510065, Tiffany Stanton, Listing Office: Celebrity Homes Inc
$5,047 Closing Credit¹
#22509672, Suzanne F. Jones, Listing Office: BHHS Ambassador Real Estate
Nearby markets
MLS Disclaimers and Copyright
Based on information from Great Plains Regional MLS, for the period 02/01/2025 - 04/01/2025
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: 4/28/2025, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.