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Featured local agent — North Platte, NE
Sarah Mitchell
Compass Real Estate · North Platte, NE
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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North Platte, NE Housing Market & Real Estate
Housing market overview · Updated monthly ·
$225,000median sale price
How is the North Platte, NE housing market right now?
The median home sale price in North Platte, NE is $225,000, up 16.3% year-over-year. Homes sell in an average of 11 days with 46 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is North Platte a buyer's or seller's market?
North Platte, NE is currently a seller's market, based on 2.0 months of supply and homes selling in about 11 days. How we determine this →
Homes sold
23
Last 12 weeks
Days on market
11
Fast-moving
Active listings
46
2.0 months supply
Sale-to-list
99.5%
Below asking
What does the North Platte housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $225,000 |
| Median list price | $219,900 |
| Year-over-year price change | +16.3% |
| Average days on market | 11 days |
| Active inventory | 46 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 99.5% |
| Median price per sq ft | $163/sq ft |
| Homes sold (latest month) | 23 |
| New listings (latest month) | 31 |
| Listings with a price cut | 26.1% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in North Platte by property type?
How the North Platte, NE market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $225,000 | $163/sq ft | 23 | 11 days |
Source: Redfin · Updated monthly
The North Platte housing market is currently classified as a seller's market with a median sale price of $225,000. Prices have risen 16.3% compared to last year, with homes spending an average of 11 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.8x provides context for how home values compare to local earning capacity.
Homes for sale in North Platte
There are currently 46 homes listed for sale in North Platte, Nebraska. The median listing price is $220K.
Active listings
46
Homes on market
Median list price
$220K
Avg. days on market
11
Days until sale
New this week
31
Newly listed
Who lives in North Platte?
Population
23,030
Median income
$57,805/yr
Median age
40.4 years
Owner-occupied
56.5%
College grads
18.2%
Avg commute
12.7 min
Source: U.S. Census Bureau ACS
What are homes worth in North Platte?
Zillow home value
$220,376
Zillow rent index
$1,178/mo
Price-to-rent ratio
15.6x
Price-to-income
3.8x
Source: Zillow Research
What is it like to live in North Platte?
North Platte is a community of approximately 23K residents with a median age of 40.4 years.The median household income is $57,805, which represents a working-class community with solid middle-income opportunities. 18.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 56.5%, showing a blend of owner and renter-occupied properties. The average commute time is 12.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, North Platte offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve North Platte?
12 schools tracked · 3,756 students
The largest public schools serving North Platte, 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.
NORTH PLATTE HIGH SCHOOL
Grades 9-12 · 1,189 students
ADAMS MIDDLE SCHOOL
Grades 7-8 · 533 students
JEFFERSON ELEMENTARY SCHOOL
Grades PK-5 · 322 students
LINCOLN ELEMENTARY SCHOOL
Grades PK-5 · 269 students
MCDONALD ELEMENTARY SCHOOL
Grades PK-5 · 245 students
CODY ELEMENTARY SCHOOL
Grades PK-5 · 244 students
MADISON MIDDLE SCHOOL
Grades 6 · 242 students
WASHINGTON ELEMENTARY SCHOOL
Grades PK-5 · 237 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near North Platte, NE?
Want a head-to-head view? Compare North Platte side-by-side with any other U.S. city using our market-comparison tool.
Is North Platte a good real estate investment market?
For investors evaluating North Platte, the price-to-rent ratio of 15.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 16.3% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on North Platte's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using North Platte's median home price.
Frequently asked questions
What is the average home price in North Platte?
The median home sale price in North Platte is $225,000, up 16.3% from last year.
How long do homes stay on market in North Platte?
Homes typically spend 11 days on market before going under contract.
What is the median income in North Platte?
The median household income is $57,805 per year.
Is North Platte a buyer's or seller's market?
With 2.0 months of supply, North Platte is currently a seller's market.
What is the Zillow home value estimate for North Platte?
The Zillow Home Value Index (ZHVI) for North Platte is $220,376, representing the typical home value in the area.
How much does a single-family home cost in North Platte?
The median single-family home price in North Platte, NE is $225,000 (about $163 per square foot).
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