North Platte, NE metro area Housing Market

Cool Market

Comprehensive housing market data for the North Platte, NE metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$186K

7.2% YoY

Days on Market

36 days

7.7% YoY

Active Inventory

78

11.4% YoY

Homes Sold

25

0.0% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

North Platte, NE metro area Market Summary

The North Platte, NE metro area housing market is cooling down. As of January 2026, the median home sale price is $186K, down 7.2% year-over-year. Homes are spending a median of 36 days on the market, 7.7% shorter than a year ago.

There are 78 homes for sale — 11.4% more than last year. With 3.1 months of supply, this is a seller's market. 36 new listings were added during this period, up 38.5% year-over-year.

Homes are selling for 96.2% of their list price on average, suggesting room for negotiation. 28.0% of homes sell above their asking price. 19.2% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

70

Contributing Factors

Months of Supply 3.1
Days on Market 36
Price Drops 19.2%
Sale-to-List Ratio 96.2%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $423K) 56.1%
Days on Market (National: 66) 45.5%
Inventory (National: 1,210,379) 100.0%

vs. Nebraska Median

Median Price (Nebraska: $297K) 37.4%
Days on Market (Nebraska: 44) 18.2%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 56% below the national median, which could indicate stronger cash flow potential.

North Platte, NE metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$275K

Price per Sq Ft

$124

Sale-to-List Ratio

96.2%

Months of Supply

3.1

Sold Above List

28.0%

Price Drops

19.2%

New Listings

36

38.5% YoY

Pending Sales

40

Off Market in 2 Weeks

27.5%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.