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HERMAN, NE 68029

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The HERMAN, NE real estate market (68029) currently shows 3 active listings, with 1 pending sales. Homes are averaging 38 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 38 days on market compared to 19 days last year.

The median listing price has fallen 66.4% year-over-year, from $490,000 to $164,500.

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Market Context

Market Context

Population: 795  ·  Density: 3.9/mi²  ·  Median household income: $72,321

Typical home value: $180,145  ·  Homeownership: 68.1%

Market Overview

Active Listings
3
⇩ 25% vs 4 last year
Pending
1
33% pending ratio
Median Price
$164,500
⇩ 66.4% vs $490,000 last year
Average Price
$164,500
⇩ 66.4% vs $490,000 last year
Days on Market
38
⇧ 100% vs 19 days last year

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 4 last year
  • Days on market: 38 now vs 19 last year

Median & Average Pricing

Year over Year
  • Median: $164,500 (-66.4% YoY)
  • Average: $164,500 (-66.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.9 miles — 493 listings ($239,336,876 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
68029Herman, NE 680290.0 mi3$493,500$164,500$164,500
68019Craig, NE 680199.8 mi2$300,000$150,000$150,000
68002Arlington, NE 6800211.4 mi5$2,702,355$464,950$540,471
51556Modale, IA 5155612.1 mi1$199,000$199,000$199,000
68031Hooper, NE 6803113.3 mi8$2,070,704$263,225$258,838
51557Mondamin, IA 5155714.8 mi6$1,501,800$94,900$250,300
51545Little Sioux, IA 5154518.0 mi2$347,000$173,500$173,500
68025Fremont, NE 6802519.0 mi126$47,003,796$287,000$373,046
68007Bennington, NE 6800720.2 mi267$136,955,781$429,500$512,943
68064Valley, NE 6806421.8 mi43$28,890,453$595,000$671,871
68038Lyons, NE 6803822.2 mi3$274,899$90,000$91,633
68057Scribner, NE 6805723.0 mi5$964,500$191,700$192,900
68152Omaha, NE 6815224.9 mi22$17,633,088$617,500$801,504

Frequently Asked Questions

How many homes are for sale in HERMAN, NE 68029?

As of September 2026, there are 3 active listings in HERMAN, NE (zip code 68029), compared to 4 the prior year.

What is the median home price in HERMAN, NE 68029?

The median listing price in HERMAN, NE 68029 is $164,500 as of September 2026, a 66.4% decrease from $490,000 the prior year.

How long do homes stay on the market in HERMAN, NE?

Homes in HERMAN, NE 68029 spend an average of 38 days on the market before going under contract, compared to 19 days the prior year.

Is it a seller's or buyer's market in HERMAN, NE 68029?

Based on current inventory and days-on-market data as of September 2026, HERMAN, NE 68029 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 38 days on market compared to 19 days last year.

How much can I save on real estate commission in HERMAN, NE?

With SELL123.com's maximum 3% commission, sellers in HERMAN, NE 68029 save an estimated $3,290 compared to a typical 5% commission on the median listing price of $164,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.