Year-over-year, Nebo’s rolling three-month typical home value has dipped slightly, down about 5 percent, even as listing prices moved sharply higher, jumping roughly 27 percent. At the same time, homes sold in this window rose more than 50 percent from a year ago, pointing to more closed deals despite softer prices.
In the latest rolling period ending in July 2026, the typical home value sits around $230,000, with a median list price near $253,000. Inventory remains limited at just 9 active listings, and with only 3 sales and 5 new listings, individual transactions can have an outsized effect on local stats.
Market balance has shifted toward a slower pace, with median days on market stretching to about 70 days and months of supply at roughly 6.4, indicating more options and negotiation room than in past years. Even so, about one-third of recent sales closed above list price and the average sale-to-list ratio is still near 98 percent, underscoring that well-priced homes can attract strong offers. Buyers and sellers who want to navigate these mixed signals can turn to Agent Pronto to connect with a local real estate agent who understands Nebo’s current conditions.
