The Omaha housing market is very competitive. Homes in Omaha receive 2 offers on average and sell in around 17 days. The median sale price of a home in Omaha was $255K last month, up 3.2% since last year. The median sale price per square foot in Omaha is $148, up 3.5% since last year.
In February 2024, Omaha home prices were up 3.2% compared to last year, selling for a median price of $255K. On average, homes in Omaha sell after 17 days on the market compared to 12 days last year. There were 320 homes sold in February this year, down from 344 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$255,000
+3.2% YoY | Feb 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2024
Growth
% YoY
Omaha, NE
$255,000
+3.2%
United States
To compare other locations to the Omaha and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Omaha's median sale price is 38% lower than the national average. Overall cost of living in Omaha is 7% lower than the national average. Learn which home features in Omaha add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Omaha housing market?
Omaha is very competitive. Homes sell in 17 days.
0
100
82
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 17 days.
Hot homes
can sell for about 1% above list price and go pending in around 5 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Omaha
Explore recent offers and recently sold homes in Omaha
Homes in this area are served by the Millard Public Schools and Omaha Public Schools.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
Aldrich Elementary School
Public • PreK-5
463
Students
4 reviews
9/10
Sunset Hills Elementary School
Public • PreK-6
179
Students
3 reviews
8/10
Grace Abbott Elementary School
Public • PreK-5
456
Students
7 reviews
8/10
Elkhorn Blue Sage Elementary
Public • PreK-5
188
Students
N/A
8/10
Hitchcock Elementary School
Public • PreK-5
313
Students
4 reviews
Only showing 5 of
100+ elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Omaha housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Omaha.
Risk Factor
Flood Factor - Major
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Omaha has a major risk of flooding. 3,455 properties in Omaha are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in Omaha. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
Omaha has a moderate risk of wildfire. There are 4,707 properties in Omaha that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in Omaha.