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Is Red Cloud, NE 68970 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Red Cloud is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list90.9%Sold price ÷ list price
Median days on market80Listing to accepted offer
Median price per sq ft$55▼ −3.8% vs. last year

The Red Cloud housing market right now

In the three months ending August 31, 2026, 0% of homes in Red Cloud, NE 68970 sold above their list price, the typical home went under contract in 80 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 2 sales, 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 (38 days then) and the median sale price rose 38% to $113,451. Overall, Red Cloud is less competitive than a year ago, which gives buyers more room.

Run the numbers for 68970

Prefilled for 68970Can I win this house?Multiple-offer likelihood for a listing Prefilled for 68970Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bladen 68928 $25 /sq ftBlue Hill 68930Buyer’s market $135 /sq ftGuide Rock 68942 — /sq ft Browse all markets →

Towns like Red Cloud nearby

Find towns like Red Cloud in other states →
Superior, NE68978 · 24 miles away83% similarlarger Franklin, NE68939 · 23 miles away77% similarVery close on income, prices and more Smith Center, KS66967 · 25 miles away74% similarlarger · younger residents Mankato, KS66956 · 27 miles away65% similarcheaper homes ($36K less) · newer homes

Where Red Cloud is

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Questions about Red Cloud real estate

Is Red Cloud a buyer’s or seller’s market?

A balanced market: there were 4.8 months of supply in Red Cloud, NE 68970 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 Red Cloud?

The typical home went under contract in 80 days in the latest three months.

Do homes in Red Cloud sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 90.9% of the list price.

What are property taxes in Red Cloud?

About 1.45% of a home’s value a year in Webster County, or roughly $5,800 on a $400,000 home.

What is the median home price in Red Cloud?

The median sale price was $113,451 in the three months ending August 31, 2026, about $55 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