Norfolk, NE Home Values & Market Trends
Real estate market trends reflect that there have been 214 transactions over the past year in Norfolk. The median value for residential home transactions that occurred over the previous year is $239,295.76. The number of current listings in Norfolk is 46, and the percentage of properties for sale in the city is 46.00%. Norfolk, NE currently has 7 properties in foreclosure, 1 bank owned properties, 2 properties headed for auction, and 46 properties for sale.
Norfolk, NE Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 68701 | $ 241,594 $ 186/sqft |
Housing Market Summary for Norfolk, NE
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $198.7K | $245.6K | 23.60% |
| Median Sold Price | $218.2K | $245.6K | 12.56% |
| Homes For Sale | 36 | 43 | 19.44% |
| Homes Sold | 105 | 83 | -20.95% |
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 Norfolk, NE
Browse Homes in Norfolk, NE
Norfolk home values range from $23,102 to $1,520,527. The median estimated value of a home in Norfolk is $239,295.76. The median list price of a home is 227,500, and the total count of properties in the city is 10,015.
- Pre-ForeclosurePre-foreclosure homes account for 0.04% of all residential properties in Norfolk, NE with 68701 containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Norfolk, NE; of that zips, the estimated home value for pre-foreclosure homes ranges from $167,581 in 68701 to the lowest home value of $130,887 in 68701.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Norfolk, NE ranges from the highest value of $179,746 in 68701 to the lowest value of $179,746 in 68701. Bank owned homes and properties account for 0.01% of properties in Norfolk, NE. There is 1 zips within Norfolk, NE; 68701 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions68701 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Norfolk, NE. Auction homes and other auction properties account for 0.02% of all properties in Norfolk, NE. There is 1 zips within Norfolk, NE; of that zips, the median estimated home value for homes going to auction ranges from $367,962 in 68701 to the lowest value of $183,145 in 68701.
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More Real Estate Resources for Norfolk, NE
Guide for Norfolk, NE
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