Market Intelligence Report — NE-820

North Platte, NE

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

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

Median Listing

$290K
-1.3% YoY

Pending Ratio

0.36
-30.0% YoY

Active Inventory

131
+52.3% YoY

Median DOM

74 Days
+57.5% YoY

Primary Intelligence Tool — Sold Score™

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The North Platte, NE housing market is currently Cooling, characterized by a pending ratio of 0.36, indicating a significant deceleration in demand relative to available supply. Active listings have risen to 131, representing a substantial year-over-year increase of 52.3%.

Local Market Signals

Source: FRED (St. Louis Fed)

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

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the North Platte market right now.

Inventory growth remains robust, with active listings up 52.3% year-over-year and new listings increasing 88.9% over the past year. Concurrently, demand indicators show notable softening, as the pending ratio has contracted by 30.0% year-over-year to 0.36. This expansion of supply coupled with reduced absorption has led to a 57.5% year-over-year increase in median days on market, now at 74.

Historical Analysis

Market Trends

Median Price

$290K-0.0% MoM

Active Inventory

131+52.3% YoY

Days on Market

74+57.5% YoY

Sold Score™

51-30.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

51
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

The protracted market duration, evidenced by 74 median days on market, indicates reduced buyer urgency and more time for transactional due diligence. Elevated inventory levels are alleviating inventory pressure, allowing buyers more selection and potentially influencing price negotiations. Price discipline is becoming more critical for sellers as market conditions shift, with the share of price reductions at 14.3%.

Luxury Segment

Average listing prices have declined 7.9% year-over-year to $354,074, widening the spread relative to the median listing price of $289,900. This suggests a weakening in the higher price tiers despite a 9.0% year-over-year increase in median $/sqft.

Supply Dynamics

131 active listings represent the current floor, with new supply arriving at roughly 68 per month.

Pricing Pressure
14.3%

of active listings carry a price reduction, -4.6% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +9.0% year-over-year.

Absorption
0.36

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in North Platte, NE? Homes here are taking 27 days longer to sell than last year.

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

Buyer Demand Index
36%
Median Days on Market
74 days
Inventory YoY
+52%

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

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Metro Demographics

Metro Area
North Platte, NE
CBSA Code
35820
State
NE

ZIPs in North Platte, NE

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