Year-over-year, Nebo’s rolling three-month numbers show some striking shifts in both prices and inventory. Typical home values are down compared with a year ago, yet the median list price has surged more than 40 percent, signaling that sellers are aiming higher even as closed-sale values soften.
Inventory conditions have eased from the ultra-tight environment of past years, with months of supply up more than 20 percent from last year to about six and a half months. At the same time, active listings are roughly one-third higher than a year ago, and new listings have climbed nearly 70 percent, giving buyers more options than they had previously.
Looking at the latest rolling three-month period through May 2026, homes are taking longer to sell, with a median of 73 days on market, and virtually none are closing above list price. Even so, the average sale-to-list ratio sits just under 98 percent, and about half of listings come off the market within two weeks, underscoring how select homes still move quickly when priced well. With Nebo currently characterized as a seller’s market but showing more balance than in prior years, both buyers and sellers can benefit from Agent Pronto’s help in finding a local agent who understands these shifting conditions.
