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Is Ogallala, NE 69153 a buyer’s or seller’s market?

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

Ogallala 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-list93%Sold price ÷ list price
Median days on market376Listing to accepted offer
Median price per sq ft$111▼ −2.3% vs. last year

The Ogallala housing market right now

In the three months ending August 31, 2026, 0% of homes in Ogallala, NE 69153 sold above their list price, the typical home went under contract in 376 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 (75 days then) and the median sale price rose 199% to $484,790. Overall, Ogallala is less competitive than a year ago, which gives buyers more room.

Run the numbers for 69153

Prefilled for 69153Can I win this house?Multiple-offer likelihood for a listing Prefilled for 69153Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Brule 69127 — /sq ftLemoyne 69146 — /sq ftPaxton 69155 $164 /sq ft Browse all markets →

Towns like Ogallala nearby

Find towns like Ogallala in other states →
Julesburg, CO80737 · 30 miles away78% similarsmaller · younger residents Sutherland, NE69165 · 30 miles away76% similarpricier homes ($49K more) · smaller Grant, NE69140 · 19 miles away70% similarsmaller · younger residents Hershey, NE69143 · 35 miles away65% similarhigher income ($29K more) · pricier homes ($35K more)

Where Ogallala is

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Questions about Ogallala real estate

Is Ogallala a buyer’s or seller’s market?

A balanced market: there were 4.8 months of supply in Ogallala, NE 69153 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 Ogallala?

The typical home went under contract in 376 days in the latest three months.

Do homes in Ogallala sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 93.0% of the list price.

What are property taxes in Ogallala?

About 1.41% of a home’s value a year in Keith County, or roughly $5,640 on a $400,000 home.

What is the median home price in Ogallala?

The median sale price was $484,790 in the three months ending August 31, 2026, about $111 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