Is Polk, NE 68654 a buyer’s or seller’s market?
Polk is a seller’s market. With about 3.2 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 Polk housing market right now
In the three months ending August 31, 2026, 0% of homes in Polk, NE 68654 sold above their list price, the typical home went under contract in 317 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 1 sale, 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 more slowly (21 days then) and the median sale price rose 136% to $117,949. Overall, Polk is less competitive than a year ago, which gives buyers more room.
Nearby, Osceola 68651 (25% sold over asking) is even more competitive.
Run the numbers for 68654
Nearby markets
Gresham 68367 — /sq ftOsceola 68651Seller’s market $99 /sq ftShelby 68662Seller’s market $93 /sq ftStromsburg 68666Seller’s market $101 /sq ft Browse all markets →Where Polk is
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Questions about Polk real estate
Is Polk a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Polk, NE 68654 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 Polk?
The typical home went under contract in 317 days in the latest three months.
Do homes in Polk sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 91.1% of the list price.
What are property taxes in Polk?
About 0.99% of a home’s value a year in Polk County, or roughly $3,960 on a $400,000 home.
What is the median home price in Polk?
The median sale price was $117,949 in the three months ending August 31, 2026, about $50 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