Secondary metropolitan market · Nebraska · September 2026 data

What is the Omaha, NE real estate market doing?

As of September 2026, the median home listed in Omaha, NE asks $389,498, down 0.1% year over year. Homes spend a median of 37 days on market, with 2,659 active listings and 15% carrying a price cut; pending contracts equal 64% of active listings, and inventory sits at 103% of the same month in 2019 — a balanced market. Estimated gross rental yield on the median listing is 4.2%. Figures come from public records and industry data, updated monthly.

Median listing price
$389,498
▼ 0.1% YoY
Median $ / sq ft
$180
2,195 sq ft median
Median days on market
37
September 2026
Active listings
2,659
For sale now
New listings
1,198
September 2026
Listings with price cuts
15%
Share of active
Inventory vs 2019
103%
Same month, 2019 = 100
Pending / active
64%
Contract activity
Median sale price (closed)
$345,000
▲ 4.5% YoY · closed sales · July 2026
Sale-to-list ratio
98.8%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
1,023
Closed sales · July 2026, seasonally adjusted

What is the Omaha, NE housing market doing right now?

The Omaha, NE housing market lists at a $389,498 median as of September 2026, down 0.1% year over year, with a 37-day median market time and 2,659 homes for sale (15% with a price cut). Active inventory is 103% of the 2019 level, reading as a balanced market under WealthyBud's published buyer/seller rule. Gross rental yield is about 4.2%.

Omaha housing market statistics

The table summarizes Omaha's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Omaha.

Omaha, NE housing market at a glance — September 2026
MetricLatestDetail
Median listing price$389,498-0.1% YoY
Median price per sq ft$1802,195 sq ft median
Median days on market37-5% YoY
Active listings2,659-4% YoY
New listings this month1,198September 2026
Listings with a price cut15%Share of active
Median sale price (closed)$345,000+4.5% YoY · closed sales, July 2026
Sale-to-list ratio98.8%Closed sales, July 2026, seasonally adjusted
Pending-to-active ratio64.3%1,710 pending
Inventory vs 2019103%Active listings vs same month in 2019
Gross rental yield4.2%2BR fair market rent

How have home prices changed in Omaha?

Omaha home prices are down 0.1% year over year and -1.4% month over month as of September 2026, at a $389,498 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$416K$406K$396K$387K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Omaha NE · trailing 8 quarters · source: public records and industry data.

The 10-year view
$420K$383K$346K$309K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Omaha NE · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Omaha?

Omaha has 2,659 active listings, 1,198 new this month, 1,710 pending as of September 2026. About 15% of active listings have cut their price, and inventory sits at 103% of its 2019 level — a balanced market by pace.

Active listings
2,659
New this month
1,198
Pending
1,710
Price-reduced
401

Is Omaha a good real estate investment?

Omaha scores 59/100 on WealthyBud's composite Investor Score, ranking #269 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
59/100
#269 of 933 covered metros
12-month outlook
+1.0%
Flat · model output, not advice
Price volatility
Low
σ 4.4% · 20-yr price-index swings
Momentum
67
Value
51
Rental yield
58
Supply risk
62
Market heat
85

Omaha scores 59/100 on our composite Investor Score (#269 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 47% over five years and +96% over ten, leaving prices 58% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,362/mo for a two-bedroom, the gross rental yield on the median listing is about 4.2%; active inventory sits at 103% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 0.1% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Omaha ranks on the trending markets index.

How much is a monthly mortgage payment in Omaha?

A home at Omaha's $389,498 median listing runs about $2,132 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$1,925/mo
−$207/mo vs today
At today's rate · 7.28%
$2,132/mo
National weekly average
If rates rise 1% · 8.28%
$2,348/mo
+$216/mo vs today

Principal & interest on the $389,498 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Omaha?

To buy Omaha’s $389,498 median listing with 20% down, a household needs about $115,000 a year in gross income, keeping principal, interest and property tax ($2,681/mo) at 28% of income. That is 1.4× the area’s $83,023 median household income, so a typical Omaha household cannot afford the median listing on these terms.

Income needed to buy the median home in Omaha, NE — September 2026
ItemAmountBasis
Median listing price$389,498September 2026
Down payment (20%)$77,900Assumption
Principal & interest (7.28%, 30-yr fixed)$2,132/moRate as of 2026-10-01
Property tax (1.69% effective rate)$549/moCensus ACS
Income needed (28% rule)$115,000Gross household income / yr
Median household income$83,023Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Omaha housing market?

Longer-run demand in Omaha shows up in 6,299 homes permitted in 2025; net migration of +430 residents; +1.2% job growth. Natural-hazard risk rates Relatively High. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
6,299
▼ 12.7% vs 2024
6.5 per 1,000 residents
Net migration (2022–2023)
+430
▲ people, via tax-return records
net income flow −$96.1M/yr
Job growth (YoY)
+1.2%
▲ 526.7k nonfarm jobs · August 2026
Natural-hazard risk
Relatively High
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

What is the latest Omaha real estate news?

Omaha's real estate market in 2026 shows falling prices and questions about home sales. — AI-generated summary of the headlines above; read the linked coverage before relying on it.

Headlines collected 2026-07-05; each links to the original publisher.

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Omaha housing market FAQ

What is the median home price in Omaha?
As of September 2026, the median listing price in Omaha, NE is $389,498, down 0.1% year over year (source: public records and industry data).
How much does it cost to buy a home in Omaha?
The median home listed in Omaha asks $389,498 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $2,132 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Omaha?
The median property in Omaha spends 37 days on the market, with 2,659 homes actively listed and 15% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Omaha?
With a median 37 days on market and 15% of active listings carrying a price cut, pending contracts at 64% of active listings, Omaha reads as a balanced market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Omaha a good place to invest in real estate?
Omaha scores 59/100 on WealthyBud's Investor Score, ranking #269 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Omaha?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Omaha and the wider Nebraska market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Nebraska housing markets

Marcus Bell Real Estate Market Analyst

Marcus Bell leads market and career research at WealthyBud, turning public housing and labor data into plain-English answers for investors and agents. He focuses on U.S. metro housing markets, agent economics and licensing.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.