Market Intelligence Report — NE-260

Grand Island, NE

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-NE-09
As of the latest 2026 data
Very Weak

Median Listing

$306K
+2.3% YoY

Pending Ratio

0.04
-1.9% YoY

Active Inventory

194
-2.3% YoY

Median DOM

64 Days
+9.4% YoY

Primary Intelligence Tool — Sold Score™

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The Grand Island market is categorized as Very Weak, with a pending ratio of 0.04 indicating extremely low demand absorption relative to available inventory. This low absorption rate suggests significant supply pressure in the market.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.4%+0.7 pp YoY

Unemployment rate · Sep 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

78,076-0.3% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Grand Island market right now.

Active listings have contracted modestly by 2.3% year-over-year, yet new listings saw a more substantial decline of 22.2% over the past year. Despite the decrease in new supply, the pending ratio has fallen by 1.9% year-over-year, reflecting a market where demand is not keeping pace with even reduced inventory flows. Median days on market have extended by 9.4% year-over-year, further illustrating slower transaction activity. Median listing prices have experienced a modest 2.3% increase year-over-year.

Historical Analysis

Market Trends

Median Price

$306K+2.3% MoM

Active Inventory

194-2.3% YoY

Days on Market

64+9.4% YoY

Sold Score™

27-1.9% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

27
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.04, the current market environment places substantial pressure on the pace of transactions. The elevated days on market and the significant disconnect between new listings and pending listings indicate that properties are taking longer to move, requiring greater price discipline from sellers. This dynamic suggests that buyers have considerable room to maneuver in negotiations, given the prolonged inventory absorption.

Luxury Segment

The average listing price has increased by 7.2% year-over-year, while the median listing price has risen by 2.3% and the median price per square foot has marginally declined by 0.9% over the past year. This divergence, with average price growth outstripping median, suggests some localized strength or larger property transactions at higher price points, although the overall price per square foot for the median has softened. No distinct luxury-segment signal in this dataset.

Supply Dynamics

194 active listings represent the current floor, with new supply arriving at roughly 56 per month.

Pricing Pressure
20.8%

of active listings carry a price reduction, -5.5% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -0.9% year-over-year.

Absorption
0.04

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Grand Island, NE? Homes here are taking 5 days longer to sell than last year.

Buyers have leverage in Grand Island, NE. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
4%
Median Days on Market
64 days
Inventory YoY
−2%

In a buyer's market, strategy beats timing. See how your home scores in Grand Island, NE and what moves the number.

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The Monthly Briefing

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Metro Demographics

Metro Area
Grand Island, NE
CBSA Code
24260
State
NE

ZIPs in Grand Island, NE

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Grand Island?+

    As of the latest 2026 data, the Grand Island metro is classified as Very Weak. Pending ratio is 0.04 with median days on market at 64.

  • Are home prices dropping in Grand Island?+

    Median listing price is $306K, +2.3% year over year. 20.8% of active listings carry a price reduction.

  • How fast are homes selling in Grand Island?+

    The typical listing sits 64 days on market, a +9.4% change YoY. New listings are arriving at 56 per month.

  • What's happening in the Grand Island luxury market?+

    The average listing price has increased by 7.2% year-over-year, while the median listing price has risen by 2.3% and the median price per square foot has marginally declined by 0.9% over the past year. This divergence, with average price growth outstripping median, suggests some localized strength or larger property transactions at higher price points, although the overall price per square foot for the median has softened. No distinct luxury-segment signal in this dataset.

  • Where can I find a trusted Grand Island real estate expert?+

    Primpted maintains a vetted registry of Grand Island agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 24260 · 36mo history