Gering, NE Housing Market & Real Estate

Seller's market-6.8% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Gering, NE is $232,000, down 6.8% year-over-year. Homes sell in an average of 50 days with 16 active listings. The market is currently a seller's market.

$232,000median sale price

Is Gering a buyer's or seller's market?

Seller's market3.2 months of supply50 avg. days on market

Gering, NE is currently a seller's market, based on 3.2 months of supply and homes selling in about 50 days. How we determine this →

Homes sold

5

Last 12 weeks

Days on market

50

Average pace

Active listings

16

3.2 months supply

Sale-to-list

100.0%

Above asking

Gering, NE market data

Current housing market statistics for Gering, NE
MetricValue
Median sale price$232,000
Median list price$240,000
Year-over-year price change-6.8%
Average days on market50 days
Active inventory16 listings
Months of supply3.2 months
Sale-to-list price ratio100.0%
Market conditionSeller's market

Source: Redfin · Updated weekly

The Gering housing market is currently classified as a seller's market with a median sale price of $232,000. Prices have fallen 6.8% compared to last year, with homes spending an average of 50 days on market, indicating 3.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Gering

There are currently 16 homes listed for sale in Gering, Nebraska. The median listing price is $240K.

Active listings

16

Homes on market

Median list price

$240K

Avg. days on market

50

Days until sale

New this week

3

Newly listed

Price drops:37.5%of listings
Sale-to-list:100.0%

Top public schools in Gering

7 schools tracked · 2,020 students

The largest public schools serving Gering, NE by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

GERING HIGH SCHOOL

Grades 9-12 · 566 students

Charter

GERING MIDDLE SCHOOL

Grades 6-8 · 397 students

Charter

LINCOLN ELEMENTARY SCHOOL

Grades PK-5 · 351 students

Charter

GEIL ELEMENTARY SCHOOL

Grades PK-5 · 299 students

Charter

NORTHFIELD ELEMENTARY SCHOOL

Grades PK-5 · 281 students

Charter

GERING EARLY CHILDHOOD PROGRAM

Grades PK · 126 students

Charter

PANHANDLE BEGINNINGS DAY TREATMENT

Grades 3-8

Charter

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in Gering?

The median home sale price in Gering is $232,000, down 6.8% from last year.

How long do homes stay on market in Gering?

Homes typically spend 50 days on market before going under contract.

Is Gering a buyer's or seller's market?

With 3.2 months of supply, Gering is currently a seller's market.

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