Norfolk, NE Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Norfolk, NE is $262,934, down 0.8% year-over-year. Homes sell in an average of 63 days with 67 active listings. The market is currently a leaning buyer's.
$262,934median sale price
Is Norfolk a buyer's or seller's market?
Norfolk, NE is currently a leaning buyer's, based on 4.8 months of supply and homes selling in about 63 days. How we determine this →
Homes sold
14
Last 12 weeks
Days on market
63
Average pace
Active listings
67
4.8 months supply
Sale-to-list
98.1%
Below asking
Norfolk, NE market data
| Metric | Value |
|---|---|
| Median sale price | $262,934 |
| Median list price | $259,000 |
| Year-over-year price change | -0.8% |
| Average days on market | 63 days |
| Active inventory | 67 listings |
| Months of supply | 4.8 months |
| Sale-to-list price ratio | 98.1% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated weekly
The Norfolk housing market is currently classified as a leaning buyer's with a median sale price of $262,934. Prices have fallen 0.8% compared to last year, with homes spending an average of 63 days on market, indicating 4.8 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 Norfolk
There are currently 67 homes listed for sale in Norfolk, Nebraska. The median listing price is $259K.
Active listings
67
Homes on market
Median list price
$259K
Avg. days on market
63
Days until sale
New this week
19
Newly listed
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Frequently asked questions
What is the average home price in Norfolk?
The median home sale price in Norfolk is $262,934, down 0.8% from last year.
How long do homes stay on market in Norfolk?
Homes typically spend 63 days on market before going under contract.
Is Norfolk a buyer's or seller's market?
With 4.8 months of supply, Norfolk is currently a leaning buyer's.
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