3 days on RocketTour
$10,000 Closing Credit¹
#22515628, Kristin M. Sterns, Listing office: Coldwell Banker NHS RE
Papillion Second I Housing Market Report May 2025•Sarpy County, Nebraska
Housing Prices in Papillion Second I, NE
How much do homes in Papillion Second I, NE cost?
Median List Price
$475,000$186/SqFt
+$36,000
+8.2%
Based on all homes listed in May 2025
Insight
The list price of homes in Papillion Second I has increased by 8.2% since April.
Summary: The median home list price in Papillion Second I was $475,000 in May 2025, up 8.2% from the previous month, and the median price per square foot was $186.
Median List Price By Cities
| City | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| Douglas | $212.2K | $275K | +29.6% |
| Papillion Second I | $439K | $475K | +8.2% |
| Papillion | $464.9K | $442.5K | -4.8% |
| La Vista | $366.7K | $300K | -18.2% |
Median List Price By Bedrooms
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | $315K | N/A |
| 33 Bedrooms | $380K | $380K | 0.0% |
| 44 Bedrooms | $470K | $477.7K | +1.6% |
| 55+ Bedrooms | $525K | $566.5K | +7.9% |
Summary: Papillion Second I housing price by bedroom type for May 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 did not change. The home price for 4 bedroom homes increased by +1.6%. The home price for 5 bedroom homes increased by +7.9%.
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 |
|---|---|---|
| 72Last MonthMay 2025 | ||
| 412 months agoApr 2025 | +75.6 % Change MoMApr – May |
Summary: The Papillion Second I real estate market had 72 homes for sale in May 2025, a 75.6 % increase compared to Apr 2025.
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 0 | 1 | +100.0% |
| 33 Bedrooms | 13 | 19 | +46.2% |
| 44 Bedrooms | 17 | 35 | +105.9% |
| 55+ Bedrooms | 11 | 17 | +54.5% |
Summary: Papillion Second I housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +46.2%. The inventory for 4 bedroom homes increased by +105.9%. The inventory for 5 bedroom homes increased by +54.5%.
Asking Price vs. Sold Price
How much do homes in Papillion Second I, NE cost?
Over Asking Price2 Homes
At Asking Price3 Homes
Under Asking Price3 Homes
Insight
If you're buying a home in Papillion Second I, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Papillion Second I in May 2025, up by 100.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and and 25% 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 Days4 Homes
30 – 90 Days3 Homes
Over 90 Days1 Home
Insight
Many homes in Papillion Second I are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 8 homes were sold in Papillion Second I; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Average Listing Age
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 71 DaysLast MonthMay 2025 | ||
| 91 Days1 month agoApr 2025 | -21.9 % Change MoMApr – May |
Summary: Homes in Papillion Second I had an average listing age of 71 days in May 2025, down by 21.9% compared to the previous month.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in Papillion Second I, NE
What homes are available in Papillion Second I, NE?
3 days on Rocket
$8,051 Closing Credit¹
#22515513, Vu Le, Listing office: Nebraska Realty
3 days on Rocket
$5,641 Closing Credit¹
#22515499, Lacey R. Weimer, Listing office: BHHS Ambassador Real Estate
4 days on Rocket
$5,938 Closing Credit¹
#22515370, Jennifer T. Gatzemeyer, Listing office: Nebraska Realty
4 days on Rocket
$6,531 Closing Credit¹
#22515262, Silvia Poutre, Listing office: Better Homes and Gardens R.E.
4 days on Rocket
$4,572 Closing Credit¹
#22515233, Nick Boyer, Listing office: SimpliCity Real Estate
7 days on Rocket
$6,769 Closing Credit¹
#22514920, Jim Braun, Listing office: BHHS Ambassador Real Estate
$5,641 Closing Credit¹
#22514710, Jeff S Elsberry, Listing office: NP Dodge RE Sales Inc 148Dodge
$3,658 Closing Credit¹
#22514308, Mallory L. Lyons, Listing office: NP Dodge RE Sales Inc 86Dodge
$6,234 Closing Credit¹
#22514107, Kathy Welch, Listing office: Nebraska Realty
$5,688 Closing Credit¹
#22514061, Clay Nicholson, Listing office: Nebraska Realty
$5,842 Closing Credit¹
#22514031, Jennifer M. Torczon, Listing office: BHHS Ambassador Real Estate
Nearby markets
MLS Disclaimers and Copyright
Based on information from Great Plains Regional MLS, for the period 04/01/2025 - 06/01/2025
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: 6/9/2025, 11:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.