Is Ravenna, NE 68869 a buyer’s or seller’s market?
Ravenna 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 Ravenna housing market right now
In the three months ending August 31, 2026, 0% of homes in Ravenna, NE 68869 sold above their list price, the typical home went under contract in 48 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 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 60%, homes sold more slowly (16 days then) and the median sale price fell 7% to $162,430. Overall, Ravenna is less competitive than a year ago, which gives buyers more room.
Within Buffalo County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Elm Creek 68836 (100% sold over asking) and Kearney 68847 (38% sold over asking) are even more competitive.
Run the numbers for 68869
Nearby markets
Elm Creek 68836 $115 /sq ftGibbon 68840Seller’s market $91 /sq ftKearney 68845Seller’s market $147 /sq ftKearney 68847Seller’s market $143 /sq ft Browse all markets →Towns like Ravenna nearby
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Questions about Ravenna real estate
Is Ravenna a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Ravenna, NE 68869 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 Ravenna?
The typical home went under contract in 48 days in the latest three months.
Do homes in Ravenna sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.3% of the list price.
What are property taxes in Ravenna?
About 1.44% of a home’s value a year in Buffalo County, or roughly $5,760 on a $400,000 home.
What is the median home price in Ravenna?
The median sale price was $162,430 in the three months ending August 31, 2026, about $79 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