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ALVO, NE 68304

Real Estate Market Report  ·  Cass County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The ALVO, NE real estate market (68304) currently shows 2 active listings, with 1 pending sales. Homes are averaging 30 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 30 days on market compared to 33 days last year.

The median listing price has fallen 42.7% year-over-year, from $427,500 to $245,000.

Whether you are buying or selling in ALVO, NE, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 287  ·  Density: 4.5/mi²  ·  Median household income: $80,179

Typical home value: $304,042  ·  Homeownership: 95.3%

Market Overview

Active Listings
2
⇧ 100% vs 1 last year
Pending
1
50% pending ratio
Median Price
$245,000
⇩ 42.7% vs $427,500 last year
Average Price
$245,000
⇩ 42.7% vs $427,500 last year
Days on Market
30
⇩ 9.1% vs 33 days last year

Price Per Square Foot

Median $/sqft
$181
⇧ 5.8% vs $171/sqft last year
Median Home Size
1,364 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 1 last year
  • Days on market: 30 now vs 33 last year

Median & Average Pricing

Year over Year
  • Median: $245,000 (-42.7% YoY)
  • Average: $245,000 (-42.7% 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 16.3 miles — 584 listings ($242,394,378 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
68304Alvo, NE 683040.0 mi2$513,000$256,500$256,500
68347Eagle, NE 683476.2 mi9$4,030,497$434,450$447,833
68366Greenwood, NE 683667.0 mi5$1,497,500$299,500$299,500
68462Waverly, NE 684628.4 mi19$7,543,380$379,999$397,020
68461Walton, NE 6846110.8 mi4$16,786,668$4,150,000$4,196,667
68507Lincoln, NE 6850711.9 mi70$20,310,220$261,875$290,146
68505Lincoln, NE 6850512.7 mi53$16,294,373$288,500$307,441
68418Palmyra, NE 6841813.4 mi4$4,582,668$228,000$1,145,667
68504Lincoln, NE 6850414.5 mi40$8,980,520$211,950$224,513
68510Lincoln, NE 6851014.8 mi56$15,099,616$246,700$269,636
68506Lincoln, NE 6850615.1 mi86$23,213,980$245,975$269,930
68503Lincoln, NE 6850315.6 mi44$8,688,900$173,575$197,475
68028Gretna, NE 6802816.3 mi192$114,853,056$567,500$598,193

Frequently Asked Questions

How many homes are for sale in ALVO, NE 68304?

As of March 2026, there are 2 active listings in ALVO, NE (zip code 68304), compared to 1 the prior year.

What is the median home price in ALVO, NE 68304?

The median listing price in ALVO, NE 68304 is $245,000 as of March 2026, a 42.7% decrease from $427,500 the prior year.

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

Homes in ALVO, NE 68304 spend an average of 30 days on the market before going under contract, compared to 33 days the prior year.

Is it a seller's or buyer's market in ALVO, NE 68304?

Based on current inventory and days-on-market data as of March 2026, ALVO, NE 68304 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 30 days on market compared to 33 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ALVO, NE 68304 save an estimated $4,900 compared to a typical 5% commission on the median listing price of $245,000. 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.