Is Cedar Creek, NE 68016 a buyer’s or seller’s market?
Cedar Creek is a seller’s market. With about 1.6 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Cedar Creek housing market right now
In the three months ending August 31, 2026, 0% of homes in Cedar Creek, NE 68016 sold above their list price, the typical home went under contract in 11 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (21 days then) and the median sale price held steady to $507,280. Overall, Cedar Creek is more competitive than a year ago, so tougher for buyers.
Within Cass County, homes here sell faster than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Greenwood 68366 (100% sold over asking) and Weeping Water 68463 (75% sold over asking) are even more competitive.
Run the numbers for 68016
Nearby markets
Alvo 68304 $248 /sq ftAvoca 68307 — /sq ftEagle 68347Seller’s market $180 /sq ftElmwood 68349Balanced $122 /sq ft Browse all markets →Where Cedar Creek is
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Questions about Cedar Creek real estate
Is Cedar Creek a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Cedar Creek, NE 68016 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Cedar Creek?
The typical home went under contract in 11 days in the latest three months.
Do homes in Cedar Creek sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Cedar Creek?
About 1.43% of a home’s value a year in Cass County, or roughly $5,720 on a $400,000 home.
What is the median home price in Cedar Creek?
The median sale price was $507,280 in the three months ending August 31, 2026, about $380 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology