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FUNK, NE 68940

Real Estate Market Report  ·  Phelps County
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The FUNK, NE real estate market (68940) currently shows 1 active listings. Homes are averaging 6 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 6 days on market compared to 68 days last year.

The median listing price has risen 323.6% year-over-year, from $89,693 to $379,900.

Whether you are buying or selling in FUNK, 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: 503  ·  Density: 2.6/mi²  ·  Median household income: $102,604

Typical home value: $268,451  ·  Homeownership: 88.0%

Market Overview

Active Listings
1
vs 1 last year
Pending
0
0% pending ratio
Median Price
$379,900
⇧ 323.6% vs $89,693 last year
Average Price
$379,900
⇧ 323.6% vs $89,693 last year
Days on Market
6
⇩ 91.2% vs 68 days last year

Price Per Square Foot

Median $/sqft
$128
⇧ 124.6% vs $57/sqft last year
Median Home Size
2,976 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 6 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $379,900 (+323.6% YoY)
  • Average: $379,900 (+323.6% 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 36.9 miles — 75 listings ($36,009,345 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
68924Axtell, NE 689247.3 mi1$229,500$229,500$229,500
68845Kearney, NE 6884513.0 mi47$28,703,135$389,900$610,705
68959Minden, NE 6895918.0 mi6$1,492,200$248,700$248,700
68927Bertrand, NE 6892719.8 mi3$1,004,700$334,900$334,900
68976Smithfield, NE 6897624.5 mi1$315,000$315,000$315,000
68945Heartwell, NE 6894525.1 mi1$265,000$265,000$265,000
68920Alma, NE 6892026.9 mi6$1,390,560$179,900$231,760
68929Bloomington, NE 6892928.3 mi1$365,000$365,000$365,000
68950Holstein, NE 6895031.4 mi2$650,000$325,000$325,000
68936Edison, NE 6893631.7 mi1$195,000$195,000$195,000
68960Naponee, NE 6896031.8 mi2$220,000$110,000$110,000
68876Shelton, NE 6887633.0 mi3$974,250$277,000$324,750
68973Roseland, NE 6897336.9 mi1$205,000$205,000$205,000

Frequently Asked Questions

How many homes are for sale in FUNK, NE 68940?

As of July 2026, there are 1 active listings in FUNK, NE (zip code 68940), compared to 1 the prior year.

What is the median home price in FUNK, NE 68940?

The median listing price in FUNK, NE 68940 is $379,900 as of July 2026, a 323.6% increase from $89,693 the prior year.

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

Homes in FUNK, NE 68940 spend an average of 6 days on the market before going under contract, compared to 68 days the prior year.

Is it a seller's or buyer's market in FUNK, NE 68940?

Based on current inventory and days-on-market data as of July 2026, FUNK, NE 68940 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 6 days on market compared to 68 days last year.

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

With SELL123.com's maximum 3% commission, sellers in FUNK, NE 68940 save an estimated $7,598 compared to a typical 5% commission on the median listing price of $379,900. 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.