Is Hallam, NE 68368 a buyer’s or seller’s market?
Hallam is a seller’s market. With about 3.2 months of supply and 50% 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 Hallam housing market right now
In the three months ending August 31, 2026, 50% of homes in Hallam, NE 68368 sold above their list price, the typical home went under contract in 65 days and there were 3.2 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 80%, homes sold more slowly (50 days then) and the median sale price rose 71% to $617,233. Overall, Hallam is less competitive than a year ago, which gives buyers more room.
Within Lancaster County, homes here sell more slowly than in 90% of the county’s ZIP codes, and sell more often over asking than in 90%.
Nearby, buyers who want less competition could look at Lincoln 68517 (0% sold over asking) or Lincoln 68514 (0% sold over asking), while Martell 68404 (100% sold over asking) and Firth 68358 (67% sold over asking) are even more competitive.
Run the numbers for 68368
Nearby markets
Bennet 68317Seller’s market $166 /sq ftDavey 68336 $158 /sq ftDenton 68339Buyer’s market $272 /sq ftFirth 68358Balanced $221 /sq ft Browse all markets →Where Hallam is
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Questions about Hallam real estate
Is Hallam a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Hallam, NE 68368 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 Hallam?
The typical home went under contract in 65 days in the latest three months.
Do homes in Hallam sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 99.1% of the list price.
What are property taxes in Hallam?
About 1.53% of a home’s value a year in Lancaster County, or roughly $6,120 on a $400,000 home.
What is the median home price in Hallam?
The median sale price was $617,233 in the three months ending August 31, 2026, about $349 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