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Featured local agent — Sprague, NE

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Sprague, NE

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Sprague, NE(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Sprague, NE Housing Market & Real Estate

Balanced market+17.6% YoY

Housing market overview · Updated monthly ·

$247,000median sale price

How is the Sprague, NE housing market right now?

The median home sale price in Sprague, NE is $247,000, up 17.6% year-over-year. Homes sell in an average of 2 days. The market is currently a balanced 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 Sprague a buyer's or seller's market?

Balanced market2 avg. days on market

Sprague, NE is currently a balanced market and homes selling in about 2 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

2

Fast-moving

Active listings

Sale-to-list

98.8%

Below asking

What does the Sprague housing market data show?

Current housing market statistics for Sprague, NE
MetricValue
Median sale price$247,000
Year-over-year price change+17.6%
Average days on market2 days
Sale-to-list price ratio98.8%
Median price per sq ft$151/sq ft
Homes sold (latest month)1
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Sprague by property type?

How the Sprague, NE market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Sprague, NE
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$247,000$151/sq ft12 days

Source: Redfin · Updated monthly

The Sprague housing market is currently classified as a balanced market with a median sale price of $247,000. Prices have risen 17.6% compared to last year, with homes spending an average of 2 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in Sprague

Explore homes currently listed for sale in Sprague, Nebraska across major real estate platforms.

Sale-to-list:98.8%

Who lives in Sprague?

Population

140

Median income

$85,156/yr

Median age

36 years

Owner-occupied

84.2%

College grads

34.8%

Avg commute

28.7 min

Source: U.S. Census Bureau ACS

What is it like to live in Sprague?

Sprague is a community of approximately 0K residents with a median age of 36 years.The median household income is $85,156, which reflects a relatively affluent area with strong earning potential. 34.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 84.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Sprague offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Sprague, NE?

Want a head-to-head view? Compare Sprague side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Sprague?

The median home sale price in Sprague is $247,000, up 17.6% from last year.

How long do homes stay on market in Sprague?

Homes typically spend 2 days on market before going under contract.

What is the median income in Sprague?

The median household income is $85,156 per year.

How much does a single-family home cost in Sprague?

The median single-family home price in Sprague, NE is $247,000 (about $151 per square foot).

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