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Downtown Papillion, NebraskaPhoto: Atomic Energy505 · CC BY-SA 3.0
Housing in Papillion

267 homes sold in Papillion in the last year, at a typical $349K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Papillion homes are listed.

Homes sold
267
June 2025 to May 2026
Typical sale price
$349K
median, weighted by sales
Price per square foot
$160
Nebraska $158
Paid vs. asking
101.4%
62% sold over asking
For sale now
15
May 2026 · 22 sold that month
What sold · last 12 months

Houses are 99% of Papillion’s sales, at a typical $350K

267 homes sold in the year to May 2026.

Houses$350K

typical sale · 263 sold in 12 months

Per square foot
$160NE $158
Days to sell
20
Sold over asking
62%
Listings with a price cut
33%
Fewer sales

Townhouses: 4 sold, typical $312K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2021, at 1.7 times the 2016 price

267 sales in the last year, against 406 in 2020 and a low of 246 in 2023. The typical sale went from $200K in 2016 to $349K.

Homes soldTypical sale price
0112225337450$175K$250K$325K$400K2012: 345 sold, typical $160K’122013: 349 sold, typical $166K2014: 342 sold, typical $176K’142015: 377 sold, typical $197K2016: 359 sold, typical $200K’162017: 359 sold, typical $209K2018: 360 sold, typical $225K’182019: 342 sold, typical $234K2020: 406 sold, typical $240K’202021: 376 sold, typical $267K2022: 311 sold, typical $309K’222023: 246 sold, typical $325K2024: 282 sold, typical $333K’242025: 274 sold, typical $346KLast 12 months: 267 sold, typical $349KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $350K buys in Papillion

Houseat $160 a sq ft
The same money in Nebraskaat $158 a sq ft

Is this asking price fair?

Check a listing against what Papillion homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Papillion are more common than before the pandemic, but a quarter fewer homes come up for sale

We read every month of Papillion’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 267 sales.

If you’re buying in Papillion

  • Shop in July. It brings about 36 new listings a month, close to the busiest month, with fewer bidding wars (41% over asking).
  • Less room to haggle. Only 32% of listings cut their price, against 36% before the pandemic.
  • Bid near asking. Buyers paid 101.4% of the list price on average; 62% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 43 a month), and the most competition: 47% close over asking. July offers nearly as much choice with fewer homes bid up (41%). December has the least competition (30%) but only about 11 new listings.

New listings a monthShare sold over asking
011.322.533.84520%40%60%Sweet spotJan: 17 new listings a month, 31% sold over asking, 28 days to sellJFeb: 22 new listings a month, 39% sold over asking, 33 days to sellFMar: 35 new listings a month, 44% sold over asking, 17 days to sellMApr: 37 new listings a month, 44% sold over asking, 8 days to sellAMay: 43 new listings a month, 47% sold over asking, 7 days to sellMJun: 40 new listings a month, 47% sold over asking, 8 days to sellJJul: 36 new listings a month, 41% sold over asking, 10 days to sellJAug: 31 new listings a month, 38% sold over asking, 13 days to sellASep: 30 new listings a month, 38% sold over asking, 15 days to sellSOct: 25 new listings a month, 36% sold over asking, 17 days to sellONov: 20 new listings a month, 32% sold over asking, 18 days to sellNDec: 11 new listings a month, 30% sold over asking, 21 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than Nebraska

Papillion now2017–192021 peakNE now
Sold over askingShare of sales that closed above the list price62%32%63%46%
Gone within two weeksShare of homes under contract within 14 days47%56%79%36%
Listings with a price cutShare of homes for sale that cut their price32%36%25%25%
Price paid vs. askingAverage sale price ÷ list price101.4%99.5%102.5%99.8%
Days to sellMedian days from listing to contract2115632
Supply

25 homes for sale on a typical day

That’s 1.9 times the 2021 low (14), 23% fewer than in 2017–19 and well under 2012’s 122.

2012: 122 for sale’122013: 86 for sale2014: 83 for sale2015: 51 for sale’152016: 37 for sale2017: 35 for sale2018: 37 for sale’182019: 26 for sale2020: 22 for sale2021: 14 for sale’212022: 14 for sale2023: 15 for sale2024: 20 for sale’242025: 27 for saleLast 12 months: 25 for saleNow
Room to negotiate

1 in 3 listings has cut its price

32% in the last year, against 36% in 2017–19 and 25% across Nebraska.

2015: 34%’152016: 33%2017: 34%2018: 34%’182019: 42%2020: 26%2021: 25%’212022: 29%2023: 41%2024: 33%’242025: 32%Last 12 months: 32%Now
Across Nebraska

Papillion ranks 3rd of 26 busy Nebraska markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Papillion is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Papillion home costs about $2,330 a month

Mortgage
Property tax
Insurance
Rent

Price: Papillion’s typical sale, last 12 months. Property tax at Papillion’s 1.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Papillion is affordable on local pay is on Cost of living.

Before you buy in Papillion

Six things worth knowing

43

New listings in May

The month with the most choice. December has the fewest, about 11.

Best time to buy
1.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $349K home, about $6,110 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Papillion, from test results, graduation and how much students grow.

Schools in Papillion
23 min

Typical commute

The average one-way trip to work for people who live in Papillion.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Bellevue sells for less a square foot

The busier markets within 25 miles of Papillion, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Bellevue753$291K$15361%19
Papillion267$349K$16062%21
La Vista178$281K$17069%19
Chalco141$294K$18374%18
Gretna112$373K$17257%24
Ralston84$256K$16158%17
Springfield20$351K$17860%17

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Papillion, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Papillion. People who follow the town see it, and so do people comparing Papillion with their own town. No commission, no listing fee.

Questions about buying a home in Papillion

What do homes sell for in Papillion, NE?

267 homes sold in the year to May 2026 at a typical $349K, $160 a square foot.

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

A seller’s market: 15 homes were for sale in May 2026 and 22 sold, about 0.7 months of supply. Buyers paid 101.4% of asking on average, and 32% of listings cut their price.

When is the best time to buy in Papillion?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Papillion?

About 1.8% of a home’s value a year. On a $349K home that’s near $6,110.

Where can I see homes for sale in Papillion?

Zillow, Redfin, Realtor.com and Homes.com all carry Papillion’s MLS listings; the search links above open each one filtered to Papillion.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).