Is Herman, NE 68029 a buyer’s or seller’s market?
Herman 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 Herman housing market right now
In the three months ending August 31, 2026, 0% of homes in Herman, NE 68029 sold above their list price, the typical home went under contract in 23 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 fell from 100%, homes sold more slowly (3 days then) and the median sale price fell 42% to $116,140. Overall, Herman is less competitive than a year ago, which gives buyers more room.
Within Washington County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, Fort Calhoun 68023 (33% sold over asking) and Blair 68008 (12% sold over asking) are even more competitive.
Run the numbers for 68029
Nearby markets
Arlington 68002Seller’s market $130 /sq ftBlair 68008Seller’s market $157 /sq ftFort Calhoun 68023Balanced $333 /sq ftKennard 68034 $205 /sq ft Browse all markets →Where Herman is
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Questions about Herman real estate
Is Herman a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Herman, NE 68029 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 Herman?
The typical home went under contract in 23 days in the latest three months.
Do homes in Herman sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.9% of the list price.
What are property taxes in Herman?
About 1.39% of a home’s value a year in Washington County, or roughly $5,560 on a $400,000 home.
What is the median home price in Herman?
The median sale price was $116,140 in the three months ending August 31, 2026, about $108 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