Is Martell, NE 68404 a buyer’s or seller’s market?
Martell is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Martell housing market right now
In the three months ending August 31, 2026, 100% of homes in Martell, NE 68404 sold above their list price, the typical home went under contract in 13 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. 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 rose from 0%, homes sold faster (107 days then) and the median sale price fell 10% to $562,257. Overall, Martell is more competitive than a year ago, so tougher for buyers.
Within Lancaster County, homes here sell faster than in 84% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Lincoln 68517 (0% sold over asking) or Lincoln 68514 (0% sold over asking).
Run the numbers for 68404
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 →Towns like Martell nearby
Find towns like Martell in other states →Where Martell is
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Questions about Martell real estate
Is Martell a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Martell, NE 68404 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 Martell?
The typical home went under contract in 13 days in the latest three months.
Do homes in Martell sell over asking?
100% of homes sold above their original list price, and the typical sale closed at 104.0% of the list price.
What are property taxes in Martell?
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 Martell?
The median sale price was $562,257 in the three months ending August 31, 2026, about $312 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