
20461 Victor Ave
Omaha, NE
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Featured local agent — Omaha, NE
Compass Real Estate · Omaha, NE
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Housing market overview · Updated monthly ·
$297,500median sale price
The median home sale price in Omaha, NE is $297,500, up 7.0% year-over-year. Homes sell in an average of 15 days with 509 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Omaha, NE is currently a strong seller's market, based on 1.2 months of supply and homes selling in about 15 days. How we determine this →
Homes sold
433
Last 12 weeks
Days on market
15
Fast-moving
Active listings
509
1.2 months supply
Sale-to-list
100.3%
Above asking
| Metric | Value |
|---|---|
| Median sale price | $297,500 |
| Median list price | $285,000 |
| Year-over-year price change | +7.0% |
| Average days on market | 15 days |
| Active inventory | 509 listings |
| Months of supply | 1.2 months |
| Sale-to-list price ratio | 100.3% |
| Median price per sq ft | $159/sq ft |
| Homes sold (latest month) | 433 |
| New listings (latest month) | 555 |
| Listings with a price cut | 35.4% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How the Omaha, NE market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $295,500 | $158/sq ft | 392 | 14 days |
| Condo / Co-op | $238,475 | $192/sq ft | 18 | 56 days |
| Townhouse | $363,500 | $209/sq ft | 14 | 26 days |
Source: Redfin · Updated monthly
The Omaha housing market is currently classified as a strong seller's market with a median sale price of $297,500. Prices have risen 7.0% compared to last year, with homes spending an average of 15 days on market, indicating 1.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.1x provides context for how home values compare to local earning capacity.
There are currently 509 homes listed for sale in Omaha, Nebraska. The median listing price is $285K. Featured listings range from $120,000 to $670,000.

Omaha, NE

Omaha, NE

Omaha, NE

Omaha, NE

Omaha, NE

Omaha, NE

Omaha, NE

Omaha, NE

Omaha, NE

Omaha, NE

Omaha, NE

Omaha, NE
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Active listings
509
Homes on market
Median list price
$285K
Avg. days on market
15
Days until sale
New this week
555
Newly listed
Population
488,197
Median income
$72,708/yr
Median age
35.3 years
Owner-occupied
57.7%
College grads
40.3%
Avg commute
19.6 min
Source: U.S. Census Bureau ACS
Zillow home value
$300,783
Zillow rent index
$1,453/mo
Price-to-rent ratio
17.2x
Price-to-income
4.1x
Source: Zillow Research
Omaha is a community of approximately 488K residents with a median age of 35.3 years.The median household income is $72,708, which represents a working-class community with solid middle-income opportunities. 40.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 57.7%, showing a blend of owner and renter-occupied properties. The average commute time is 19.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Omaha offers a balanced lifestyle with accessible home values relative to local income levels.
50 schools tracked · 53,157 students
The largest public schools serving Omaha, NE by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
CENTRAL HIGH SCHOOL
Grades 9-12 · 2,674 students
MILLARD SOUTH HIGH SCHOOL
Grades 9-12 · 2,579 students
MILLARD NORTH HIGH SCHOOL
Grades 9-12 · 2,534 students
SOUTH HIGH SCHOOL
Grades 9-12 · 2,495 students
MILLARD WEST HIGH SCHOOL
Grades 9-12 · 2,304 students
WESTSIDE HIGH SCHOOL
Grades 9-12 · 2,138 students
BURKE HIGH SCHOOL
Grades 9-12 · 1,729 students
NORTH HIGH SCHOOL
Grades 9-12 · 1,728 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Want a head-to-head view? Compare Omaha side-by-side with any other U.S. city using our market-comparison tool.
For investors evaluating Omaha, the price-to-rent ratio of 17.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 7.0% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Omaha's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Omaha's median home price.
The median home sale price in Omaha is $297,500, up 7.0% from last year.
Homes typically spend 15 days on market before going under contract.
The median household income is $72,708 per year.
With 1.2 months of supply, Omaha is currently a strong seller's market.
There are currently 509 homes listed for sale in Omaha, NE.
The Zillow Home Value Index (ZHVI) for Omaha is $300,783, representing the typical home value in the area.
The median condo/co-op sale price in Omaha, NE is $238,475, compared to $295,500 for a single-family home, based on the latest Redfin data.
The median single-family home price in Omaha, NE is $295,500 (about $158 per square foot).
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