Is Newman Grove, NE 68758 a buyer’s or seller’s market?
Newman Grove 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 Newman Grove housing market right now
In the three months ending August 31, 2026, 0% of homes in Newman Grove, NE 68758 sold above their list price, the typical home went under contract in 77 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.
Within Madison County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Battle Creek 68715 (20% sold over asking) and Norfolk 68701 (12% sold over asking) are even more competitive.
Run the numbers for 68758
Nearby markets
Battle Creek 68715Seller’s market $123 /sq ftMadison 68748Seller’s market $68 /sq ftMeadow Grove 68752Seller’s market $149 /sq ftNorfolk 68701Seller’s market $137 /sq ft Browse all markets →Towns like Newman Grove nearby
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Questions about Newman Grove real estate
Is Newman Grove a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Newman Grove, NE 68758 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 Newman Grove?
The typical home went under contract in 77 days in the latest three months.
Do homes in Newman Grove 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 Newman Grove?
About 1.37% of a home’s value a year in Madison County, or roughly $5,480 on a $400,000 home.
What is the median home price in Newman Grove?
The median sale price was $167,927 in the three months ending August 31, 2026, about $101 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