Is Grand Island, NE 68801 a buyer’s or seller’s market?

The Grand Island housing market right now

In the three months ending August 31, 2026, 12% of homes in Grand Island, NE 68801 sold above their list price, the typical home went under contract in 30 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 77 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 19%, homes sold faster (33 days then) and the median sale price rose 2% to $239,896. Overall, Grand Island is less competitive than a year ago, which gives buyers more room.

Within Hall County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 50%. On our competition score, Grand Island ranks #74 of 84 NE ZIP codes with enough sales (score 42 out of 100).

Nearby, buyers who want less competition could look at Doniphan 68832 (0% sold over asking) or Cairo 68824 (0% sold over asking), while Wood River 68883 (29% sold over asking) is even more competitive.