NE · Metro #59

Omaha - NE housing market

The Omaha metro has a typical home value of $310,736, up 2.3% from a year ago. Homes are moving fast at 11 days on market, a strong seller's market. 28% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$310,736
+2.3% vs. year ago
Median sale price
$299,543
+6.9% YoY
Median list price
$333,000
Sale-to-list ratio
99.8%
Selling below ask
Days on market
11d
Listings w/ price cut
27.5%
New listings / mo
1,300
-5.5% YoY
Homes for sale
2,851
-1.6% YoY
Typical rent
$1,420/mo
+2.5% YoY
Rent vs buy
18.2x
Context

How to read this data

The typical home value ($310,736) 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 2.3% over the past year. In Omaha - NE, that means a home worth $303,750 last year is now worth roughly $310,736.

The median sale price, what homes actually close for, is $299,543. Homes are selling at 99.8% 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 27.5% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 1,300 new listings hit the market each month in Omaha - NE. There are currently 2,851 homes for sale, down 1.6% from a year ago.

The typical monthly rent in Omaha - NE is $1,420, up 2.5% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 18.2x, toss-up (#74 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $1,597 a month in principal and interest, $177 more than renting before taxes, insurance and upkeep. The two break even at a 5.55% rate.

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.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →

Related

Other metros in NE

MetroHome value1-yr changeDays on market
Lincoln - NE$304,490 +3.5% 10.0d
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