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Sarah Mitchell

CNESRESABR

Compass Real Estate · Omaha, NE

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Omaha, NE(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Omaha, NE Housing Market & Real Estate

Strong seller's market+7.0% YoY

Housing market overview · Updated monthly ·

$297,500median sale price

How is the Omaha, NE housing market right now?

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.)

Is Omaha a buyer's or seller's market?

Strong seller's market1.2 months of supply15 avg. days on market

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

What does the Omaha housing market data show?

Current housing market statistics for Omaha, NE
MetricValue
Median sale price$297,500
Median list price$285,000
Year-over-year price change+7.0%
Average days on market15 days
Active inventory509 listings
Months of supply1.2 months
Sale-to-list price ratio100.3%
Median price per sq ft$159/sq ft
Homes sold (latest month)433
New listings (latest month)555
Listings with a price cut35.4%
Market conditionStrong seller's market

Source: Redfin · Updated monthly

How much do homes cost in Omaha by property type?

How the Omaha, NE market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Omaha, NE
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$295,500$158/sq ft39214 days
Condo / Co-op$238,475$192/sq ft1856 days
Townhouse$363,500$209/sq ft1426 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.

Homes for sale in Omaha

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.

2 bedroom house for sale at 20461 Victor Ave Omaha - $120,000
$120,000

20461 Victor Ave

Omaha, NE

2 bd1 ba813 sqft$148/ft²
House6,534 sqft lot
View photos & details
3 bedroom house for sale at 4325 Binney St Omaha - $144,900
$144,900

4325 Binney St

Omaha, NE

3 bd1 ba1,230 sqft$118/ft²
House4,530 sqft lot
View photos & details
3 bedroom house for sale at 2432 Titus Ave Omaha - $149,900
$149,900

2432 Titus Ave

Omaha, NE

3 bd1 ba1,320 sqft$114/ft²
House5,227 sqft lot
View photos & details
3 bedroom house for sale at 3306 Lafayette Ave Omaha - $174,900
$174,900

3306 Lafayette Ave

Omaha, NE

3 bd2 ba1,397 sqft$125/ft²
House5,227 sqft lot
View photos & details
3 bedroom house for sale at 4855 Maple St Omaha - $225,000
$225,000

4855 Maple St

Omaha, NE

3 bd2 ba1,141 sqft$197/ft²
House5,227 sqft lot
View photos & details
2 bedroom house for sale at 1625 Willis Ave Omaha - $229,500
$229,500

1625 Willis Ave

Omaha, NE

2 bd2 ba1,320 sqft$174/ft²
House3,920 sqft lot
View photos & details
2 bedroom house for sale at 1623 Willis Ave Omaha - $229,500
$229,500

1623 Willis Ave

Omaha, NE

2 bd2 ba1,320 sqft$174/ft²
House3,920 sqft lot
View photos & details
3 bedroom house for sale at 4205 Lake St Omaha - $249,000
$249,000

4205 Lake St

Omaha, NE

3 bd3 ba1,548 sqft$161/ft²
House5,663 sqft lot
View photos & details
3 bedroom house for sale at 14621 Margo St Omaha - $275,000
$275,000

14621 Margo St

Omaha, NE

3 bd2 ba1,328 sqft$207/ft²
House7,841 sqft lot
View photos & details
3 bedroom house for sale at 7841 Bondesson St Omaha - $290,000
$290,000

7841 Bondesson St

Omaha, NE

3 bd2 ba1,382 sqft$210/ft²
House6,970 sqft lot
View photos & details
3 bedroom townhouse for sale at 5059 N 154th St Omaha - $325,000
$325,000

5059 N 154th St

Omaha, NE

3 bd3 ba2,270 sqft$143/ft²
Townhouse7,841 sqft lot
View photos & details
8 bedroom multi-family for sale at 17069 Nicholas St Omaha - $670,000
$670,000

17069 Nicholas St

Omaha, NE

8 bd8 ba
Multi-family
View photos & details

Looking to buy in Omaha?

Get connected with a local real estate expert — free, no obligation.

Active listings

509

Homes on market

Median list price

$285K

Avg. days on market

15

Days until sale

New this week

555

Newly listed

Price drops:35.4%of listings
Sale-to-list:100.3%

Who lives in Omaha?

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

What are homes worth in Omaha?

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

What is it like to live in Omaha?

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.

Which public schools serve Omaha?

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

Charter

MILLARD SOUTH HIGH SCHOOL

Grades 9-12 · 2,579 students

Charter

MILLARD NORTH HIGH SCHOOL

Grades 9-12 · 2,534 students

Charter

SOUTH HIGH SCHOOL

Grades 9-12 · 2,495 students

Charter

MILLARD WEST HIGH SCHOOL

Grades 9-12 · 2,304 students

Charter

WESTSIDE HIGH SCHOOL

Grades 9-12 · 2,138 students

Charter

BURKE HIGH SCHOOL

Grades 9-12 · 1,729 students

Charter

NORTH HIGH SCHOOL

Grades 9-12 · 1,728 students

Charter

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Omaha, NE?

Want a head-to-head view? Compare Omaha side-by-side with any other U.S. city using our market-comparison tool.

Is Omaha a good real estate investment market?

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.

Frequently asked questions

What is the average home price in Omaha?

The median home sale price in Omaha is $297,500, up 7.0% from last year.

How long do homes stay on market in Omaha?

Homes typically spend 15 days on market before going under contract.

What is the median income in Omaha?

The median household income is $72,708 per year.

Is Omaha a buyer's or seller's market?

With 1.2 months of supply, Omaha is currently a strong seller's market.

How many homes are for sale in Omaha?

There are currently 509 homes listed for sale in Omaha, NE.

What is the Zillow home value estimate for Omaha?

The Zillow Home Value Index (ZHVI) for Omaha is $300,783, representing the typical home value in the area.

What is the median condo price in Omaha?

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.

How much does a single-family home cost in Omaha?

The median single-family home price in Omaha, NE is $295,500 (about $158 per square foot).

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