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NORFOLK, NE 68701

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

Market Analysis

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

The NORFOLK, NE real estate market (68701) currently shows 142 active listings, with 41 pending sales. Homes are averaging 51 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are selling faster, averaging 51 days on market compared to 84 days last year.

The median listing price has risen 0.3% year-over-year, from $322,450 to $323,425.

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Market Context

Market Context

Population: 31,116  ·  Density: 63.7/mi²  ·  Median household income: $61,351

Typical home value: $193,841  ·  Homeownership: 65.9%

Market Overview

Active Listings
142
⇧ 2.9% vs 138 last year
Pending
41
29% pending ratio
Median Price
$323,425
⇧ 0.3% vs $322,450 last year
Average Price
$386,349
⇧ 8.5% vs $356,154 last year
Days on Market
51
⇩ 39.3% vs 84 days last year

Price Per Square Foot

Median $/sqft
$153
⇧ 7.7% vs $142/sqft last year
Median Home Size
1,934 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 142 this year vs 138 last year
  • Days on market: 51 now vs 84 last year

Median & Average Pricing

Year over Year
  • Median: $323,425 (+0.3% YoY)
  • Average: $386,349 (+8.5% 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 32.3 miles — 185 listings ($73,308,698 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
68701Norfolk, NE 687010.0 mi106$42,802,482$314,675$403,797
68748Madison, NE 6874812.7 mi12$4,078,860$279,950$339,905
68767Pierce, NE 6876713.1 mi5$3,214,580$572,910$642,916
68790Winside, NE 6879016.8 mi1$60,000$60,000$60,000
68781Tilden, NE 6878120.8 mi7$3,866,506$490,750$552,358
68642Humphrey, NE 6864223.3 mi7$2,456,475$311,900$350,925
68765Osmond, NE 6876523.6 mi3$1,497,450$349,000$499,150
68758Newman Grove, NE 6875824.3 mi4$807,120$189,000$201,780
68787Wayne, NE 6878724.8 mi25$7,975,025$315,000$319,001
68747Mclean, NE 6874725.9 mi1$219,000$219,000$219,000
68769Plainview, NE 6876928.0 mi3$2,077,500$692,500$692,500
68756Neligh, NE 6875629.9 mi10$3,934,700$206,625$393,470
68716Beemer, NE 6871632.3 mi1$319,000$319,000$319,000

Frequently Asked Questions

How many homes are for sale in NORFOLK, NE 68701?

As of September 2026, there are 142 active listings in NORFOLK, NE (zip code 68701), compared to 138 the prior year.

What is the median home price in NORFOLK, NE 68701?

The median listing price in NORFOLK, NE 68701 is $323,425 as of September 2026, a 0.3% increase from $322,450 the prior year.

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

Homes in NORFOLK, NE 68701 spend an average of 51 days on the market before going under contract, compared to 84 days the prior year.

Is it a seller's or buyer's market in NORFOLK, NE 68701?

Based on current inventory and days-on-market data as of September 2026, NORFOLK, NE 68701 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 51 days on market compared to 84 days last year.

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

With SELL123.com's maximum 3% commission, sellers in NORFOLK, NE 68701 save an estimated $6,469 compared to a typical 5% commission on the median listing price of $323,425. 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.