Grand Island, NE Home Values & Market Trends
Real estate market trends reflect that there have been 371 transactions over the past year in Grand Island. The median value for residential home transactions that occurred over the previous year is $217,811.59. The number of current listings in Grand Island is 27, and the percentage of properties for sale in the city is 27.00%. Grand Island, NE currently has 11 properties in foreclosure, 0 bank owned properties, 4 properties headed for auction, and 27 properties for sale.
Grand Island, NE Real Estate Market Overview
Housing Market Summary for Grand Island, NE
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $311.5K | $212.5K | -31.79% |
| Median Sold Price | $205.7K | $212.5K | 3.32% |
| Homes For Sale | 49 | 30 | -38.78% |
| Homes Sold | 213 | 121 | -43.19% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Grand Island, NE
Browse Homes in Grand Island, NE
Grand Island home values range from $15,383 to $1,927,950. The median estimated value of a home in Grand Island is $217,811.59. The median list price of a home is 350,000, and the total count of properties in the city is 15,382.
- Pre-ForeclosurePre-foreclosure homes account for 0.05% of all residential properties in Grand Island, NE with 68803 containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Grand Island, NE; of those zips, the estimated home value for pre-foreclosure homes ranges from $383,202 in 68803 to the lowest home value of $112,881 in 68801.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Grand Island, NE ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Grand Island, NE. There are 3 zips within Grand Island, NE; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions68801 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Grand Island, NE. Auction homes and other auction properties account for 0.03% of all properties in Grand Island, NE. There are 3 zips within Grand Island, NE; of those zips, the median estimated home value for homes going to auction ranges from $239,750 in 68801 to the lowest value of $178,000 in 68801.
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More Real Estate Resources for Grand Island, NE
Guide for Grand Island, NE
Lincoln, Nebraska’s real estate market has seen steady growth in average property values from March 2023 to February 2024. The market exhibits rising demand and prices, indicating there may be value buys available.
Omaha’s real estate market displayed significant activity with a seasonal peak in sold properties and fluctuations in property values and demand, alongside notable price differences between Douglas and Sarpy Counties and varied trends in nearby cities, indicating a dynamic and diverse housing market
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