NE · Metro #59

Omaha - NE housing market

The Omaha metro has a typical home value of $307,774, up 2.0% from a year ago. Homes are moving fast at 11 days on market - a strong seller's market. 22% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$307,774
+2.0% vs. year ago
Median sale price
$297,922
+6.1% YoY
Median list price
$315,167
Sale-to-list ratio
98.5%
Selling below ask
Days on market
11d
Listings w/ price cut
21.6%
New listings / mo
1,087
+6.9% YoY
Homes for sale
2,370
+8.8% YoY
Typical rent
$1,431/mo
+3.0% YoY
Context

How to read this data

The typical home value ($307,774) is the Zillow Home Value Index for the Omaha - NE metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 2.0% over the past year. In Omaha - NE, that means a home worth $301,739 last year is now worth roughly $307,774.

The median sale price , what homes actually close for , is $297,922. Homes are selling at 98.5% of list price, meaning buyers have room to negotiate.

Homes listed in Omaha - NE sit on the market for roughly 11 days before going pending. Shorter = seller's market; longer = buyer's market.

About 21.6% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 1,087 new listings hit the market each month in Omaha - NE. There are currently 2,370 homes for sale, up 8.8% from a year ago.

The typical monthly rent in Omaha - NE is $1,431, up 3.0% year over year. For investors, the price-to-rent ratio here is roughly 18x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Covered Home Repairs
Related

Other metros in NE

MetroHome value1-yr changeDays on market
Lincoln - NE$301,936 +4.4% 13.0d
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