Is Alvo, NE 68304 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Alvo is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list101.4%Sold price ÷ list price
Median days on market4Listing to accepted offer
Median price per sq ft$248

The Alvo housing market right now

In the three months ending August 31, 2026, 33% of homes in Alvo, NE 68304 sold above their list price and the typical home went under contract in 4 days. With only 3 sales, these figures can swing a lot from month to month.

Within Cass County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 67%.

Nearby, buyers who want less competition could look at Nehawka 68413 (0% sold over asking) or Murray 68409 (0% sold over asking), while Greenwood 68366 (100% sold over asking) and Weeping Water 68463 (75% sold over asking) are even more competitive.

Nearby markets

Avoca 68307 — /sq ftCedar Creek 68016Seller’s market $380 /sq ftEagle 68347Seller’s market $180 /sq ftElmwood 68349Balanced $122 /sq ft Browse all markets →

Where Alvo is

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Questions about Alvo real estate

How fast do homes sell in Alvo?

The typical home went under contract in 4 days in the latest three months.

Do homes in Alvo sell over asking?

33% of homes sold above their original list price, and the typical sale closed at 101.4% of the list price.

What are property taxes in Alvo?

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 Alvo?

The median sale price was $648,719 in the three months ending August 31, 2026, about $248 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