Is Millard, NE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Millard was a Neutral Market.
Key Takeaway
Millard is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Millard, NE
How much do homes in Millard, NE cost?
Median Sold Price
$435,000
$160/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Millard have sold for 12.2% more than they did a month ago.
Summary: The median home sold price in Millard was $435,000 in May 2024, up 12.2% from last month, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $250K | N/A |
| 3 Bedrooms | $320K | $355K | +10.9% |
| 4 Bedrooms | $455.3K | $436K | -4.2% |
| 5+ Bedrooms | - | $532.5K | N/A |
Summary: Millard housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 10.9%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Chicago | $361.5K | $524.9K | +45.2% |
| Millard | $387.6K | $435K | +12.2% |
| Richland VII | $367.5K | $371.6K | +1.1% |
Housing Supply in Millard, NE
How many homes are available in Millard, NE?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 27 | +125.0% |
Summary: The Millard real estate market had 27 homes for sale in May 2024, a 125.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 10 | +100.0% |
| 4 Bedrooms | 4 | 11 | +175.0% |
| 5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The Millard housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 175%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 7 | +250.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Millard, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Millard in May 2024, up by 250.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 0% were sold at asking, and 57% were sold over asking.
Days on Market for Millard, NE
How long does it take to sell a home in Millard, NE?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 Days | 4 Days | +166.7% |
Summary: Homes in Millard had an average of 4 days on market in May 2024, up by 166.7% compared to last month.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Millard are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 7 homes were sold in Millard; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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 © 2024 Great Plains REALTORS® Multiple Listing Service, Inc. All rights reserved.