Is Fairview, NE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fairview is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Fairview was a Seller's Market.

Key Takeaway

Fairview is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Fairview, NE

How much do homes in Fairview, NE cost?

Median Sold Price

$622,500

$216/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$36,500(+6.2%)

Key Takeaway

Homes in Fairview have sold for 6.2% more than they did a month ago.

Summary: The median home sold price in Fairview was $622,500 in September 2024, up 6.2% from last month, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 -$760K
N/A
3 --
N/A
4 $582K$485K
-16.7%
5+ $811K-
N/A

Summary: Fairview housing prices by bedroom type for September 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 did not change, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Fairview
+6.2%
Papillion Second II
-9.3%
LaPlatte II
-12.0%

Housing Supply in Fairview, NE

How many homes are available in Fairview, NE?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2726-3.7%

Summary: The Fairview real estate market had 26 homes for sale in September 2024, a 3.7% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 11
0.0%
3 67
+16.7%
4 1211
-8.3%
5+ 87
-12.5%

Summary: The Fairview housing inventory by bedroom type for September 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 16.7%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
72-71.4%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fairview, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Fairview in September 2024, down by 71.4% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Fairview, NE

How long does it take to sell a home in Fairview, NE?

Average Sale Time

Aug 2024Sep 2024CHANGE
43 Days27 Days-37.2%

Summary: Homes in Fairview had an average of 27 days on market in Sep 2024, down by 37.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fairview are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 2 homes were sold in Fairview; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 15 Days Ago

Newest Listings in Fairview, NE

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