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ELWOOD, NE 68937

Real Estate Market Report  ·  Gosper County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
20
⇧ 66.7% vs 12 last year
Pending
2
10% pending ratio
Median Price
$638,500
⇧ 94.3% vs $328,675 last year
Average Price
$663,570
⇧ 17.7% vs $563,904 last year
Days on Market
81
⇩ 50.6% vs 164 days last year

Market Context

Population: 1,827  ·  Density: 3.5/mi²  ·  Median household income: $75,521

Typical home value: $274,763  ·  Homeownership: 83.1%

Market Analysis

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

The ELWOOD, NE real estate market (68937) currently shows 20 active listings, with 2 pending sales. Homes are averaging 81 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are selling faster, averaging 81 days on market compared to 164 days last year.

The median listing price has risen 94.3% year-over-year, from $328,675 to $638,500.

Whether you are buying or selling in ELWOOD, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 20 this year vs 12 last year
  • Days on market: 81 now vs 164 last year

Median & Average Pricing

Year over Year
  • Median: $638,500 (+94.3% YoY)
  • Average: $663,570 (+17.7% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 38.0 miles — 122 listings ($53,394,285 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
68937Elwood, NE 689370.0 mi20$13,271,400$638,500$663,570
69028Eustis, NE 6902811.1 mi5$1,358,165$250,000$271,633
68922Arapahoe, NE 6892216.5 mi6$1,065,498$159,750$177,583
68948Holbrook, NE 6894818.3 mi1$185,000$185,000$185,000
68958Loomis, NE 6895818.7 mi2$577,900$288,950$288,950
68863Overton, NE 6886321.8 mi2$558,000$279,000$279,000
69022Cambridge, NE 6902223.7 mi8$1,811,504$203,250$226,438
68949Holdrege, NE 6894926.1 mi19$5,257,813$265,000$276,727
68834Eddyville, NE 6883432.6 mi1$88,000$88,000$88,000
69020Bartley, NE 6902033.6 mi1$260,000$260,000$260,000
69025Curtis, NE 6902534.4 mi10$1,087,670$110,000$108,767
68845Kearney, NE 6884537.2 mi45$27,718,335$389,900$615,963
69034Indianola, NE 6903438.0 mi2$155,000$77,500$77,500

Frequently Asked Questions

How many homes are for sale in ELWOOD, NE 68937?

As of January 2026, there are 20 active listings in ELWOOD, NE (zip code 68937), compared to 12 the prior year.

What is the median home price in ELWOOD, NE 68937?

The median listing price in ELWOOD, NE 68937 is $638,500 as of January 2026, a 94.3% increase from $328,675 the prior year.

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

Homes in ELWOOD, NE 68937 spend an average of 81 days on the market before going under contract, compared to 164 days the prior year.

Is it a seller's or buyer's market in ELWOOD, NE 68937?

Based on current inventory and days-on-market data as of January 2026, ELWOOD, NE 68937 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are selling faster, averaging 81 days on market compared to 164 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ELWOOD, NE 68937 save an estimated $12,770 compared to a typical 5% commission on the median listing price of $638,500. 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.