Omaha, NE metro area Housing Market

Warm Market

Comprehensive housing market data for the Omaha, NE metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$316K

3.1% YoY

Days on Market

36 days

9.1% YoY

Active Inventory

1,718

20.9% YoY

Homes Sold

1,053

12.1% YoY

Warm Market

The market is active with moderate buyer demand.

Omaha, NE metro area Market Summary

The Omaha, NE metro area housing market is heating up. As of March 2026, the median home sale price is $316K, up 3.1% year-over-year. Homes are spending a median of 36 days on the market, 9.1% longer than a year ago.

There are 1,718 homes for sale — 20.9% fewer than last year. With 1.6 months of supply, this is a seller's market. 1,371 new listings were added during this period, up 3.3% year-over-year.

Homes are selling for 99.4% of their list price on average, suggesting room for negotiation. 28.9% of homes sell above their asking price. 26.7% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

54

Contributing Factors

Months of Supply 1.6
Days on Market 36
Price Drops 26.7%
Sale-to-List Ratio 99.4%
Market Temperature Warm

How This Market Compares

vs. National Median

Median Price (National: $437K) 27.8%
Days on Market (National: 55) 34.5%
Inventory (National: 1,314,690) 99.9%

vs. Nebraska Median

Median Price (Nebraska: $304K) 3.7%
Days on Market (Nebraska: 40) 10.0%

Investor Takeaway

A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 28% below the national median, which could indicate stronger cash flow potential.

Omaha, NE metro area Market Trends

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Detailed Market Metrics

Median List Price

$335K

Price per Sq Ft

$165

Sale-to-List Ratio

99.4%

Months of Supply

1.6

Sold Above List

28.9%

Price Drops

26.7%

New Listings

1,371

3.3% YoY

Pending Sales

1,174

Off Market in 2 Weeks

48.2%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.