Is Grand Island, NE 68803 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Grand Island is a seller’s market. With about 2.7 months of supply and 12% 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.

Competition score37/ 100

More competitive than 35% of U.S. ZIP codes, and #78 of 84 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.7Under 4 months = seller’s market
Sold above original list12.3%Share of sales, last 3 months
Median sale-to-list97.9%Sold price ÷ list price
Median days on market53Listing to accepted offer
Median price per sq ft$121▼ −8.4% vs. last year

The Grand Island housing market right now

In the three months ending August 31, 2026, 12% of homes in Grand Island, NE 68803 sold above their list price, the typical home went under contract in 53 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 83 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 16%, homes sold more slowly (18 days then) and the median sale price fell 7% to $303,845. Overall, Grand Island is less competitive than a year ago, which gives buyers more room.

Within Hall County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Grand Island ranks #78 of 84 NE ZIP codes with enough sales (score 37 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.

Nearby markets

Alda 68810 — /sq ftCairo 68824 $115 /sq ftDoniphan 68832Balanced $154 /sq ftGrand Island 68801Seller’s market $129 /sq ft Browse all markets →

Where Grand Island is

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Questions about Grand Island real estate

Is Grand Island a buyer’s or seller’s market?

A seller’s market: there were 2.7 months of supply in Grand Island, NE 68803 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 Grand Island?

The typical home went under contract in 53 days in the latest three months.

Do homes in Grand Island sell over asking?

12% of homes sold above their original list price, and the typical sale closed at 97.9% of the list price.

What are property taxes in Grand Island?

About 1.39% of a home’s value a year in Hall County, or roughly $5,560 on a $400,000 home.

What is the median home price in Grand Island?

The median sale price was $303,845 in the three months ending August 31, 2026, about $121 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