#22506313, Matthew R. Carper, Listing Office: Better Homes and Gardens R.E.
Papillion Second I Housing Market Report February 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 January 2025
Last month, Papillion Second I has remained a Buyer's Market.
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
Based on all homes sold in February 2025
Homes in Papillion Second I have sold for 19.1% less than they did a month ago.
Summary: The median home sold price in Papillion Second I was $374,995 in February 2025, down 19.1% from last month, and the median price per square foot was $184.
Median Sold Price By Cities
City | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
Papillion Second II | $363K | $445.8K | +22.8% |
Douglas | $260K | $299K | +15.0% |
Papillion | $384.9K | $417.4K | +8.4% |
La Vista | $285K | $295K | +3.5% |
Papillion Second I | $463.8K | $374.9K | -19.1% |
Median Sold Price By Bedrooms
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $311.5K | $317.4K | +1.9% |
33 Bedrooms | $440K | $358.1K | -18.6% |
44 Bedrooms | $460.5K | $438.8K | -4.7% |
55+ Bedrooms | $713.4K | $449.9K | -36.9% |
Summary: Papillion Second I housing price by bedroom type for February 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +1.9%. The home price for 3 bedroom homes decreased by -18.6%. The home price for 4 bedroom homes decreased by -4.7%. The home price for 5 bedroom homes decreased by -36.9%.
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 |
---|---|---|
154Last MonthFeb 2025 | ||
1552 months agoJan 2025 | -0.6 % Change MoMJan – Feb |
Summary: The Papillion Second I real estate market had 154 homes for sale in Feb 2025, a 0.6 % decrease compared to Jan 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
19Last MonthFeb 2025 | ||
192 months agoJan 2025 | 0.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 7 | 5 | -28.6% |
33 Bedrooms | 43 | 52 | +20.9% |
44 Bedrooms | 77 | 67 | -13.0% |
55+ Bedrooms | 28 | 30 | +7.1% |
Summary: Papillion Second I housing inventory by bedroom type for February 2025, 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 increased by +20.9%. The inventory for 4 bedroom homes decreased by -13.0%. The inventory for 5 bedroom homes increased by +7.1%.
Asking Price vs. Sold Price
How much do homes in Papillion Second I, NE cost?
Over Asking Price4 Homes
At Asking Price7 Homes
Under Asking Price7 Homes
If you're buying a home in Papillion Second I, you may be able to get a good deal. 38.9% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Papillion Second I in February 2025, the same as the previous month. Of the 18 sold homes, 39% were sold under asking, 39% were sold at asking, and and 22% 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 Days9 Homes
30 – 90 Days2 Homes
Over 90 Days8 Homes
Many homes in Papillion Second I are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 19 homes were sold in Papillion Second I; 47% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 42% of homes were sold over 90 days.
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
72 DaysLast MonthFeb 2025 | ||
38 Days1 month agoJan 2025 | +89.2 % Change MoMJan – Feb |
Summary: Homes in Papillion Second I had an average listing age of 72 days in Feb 2025, up by 89.2% compared to the previous month.
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Newest Listings in Papillion Second I, NE
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Nearby markets
MLS Disclaimers and Copyright
Based on information from Great Plains Regional MLS, for the period 01/01/2025 - 03/01/2025

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.