Omaha Housing Market Update: Inventory Climbs, Prices Hold Strong

If you’ve been watching the Omaha housing market and wondering whether things are finally cooling down—you’re not alone. After years of tight inventory and quick sales, we’re starting to see signs of balance. More homes are hitting the market, buyers are taking their time, and prices are still holding strong. Here’s a look at what’s really happening across the metro.

Omaha Housing Market Update – November 2025

The Omaha-area housing market is showing signs of balance heading into winter. Active listings are up 13.9% from this time last year, giving buyers more to choose from—but home prices haven’t slowed down. The median sale price now sits at $325,341, up 4.6% year over year.

Homes are spending an average of 24 days on the market, roughly the same as last fall, which shows that well-priced homes are still moving quickly. Meanwhile, months of supply has ticked up to 2.8, marking a subtle shift toward a more balanced market—but still short of the 4–6 months typically considered neutral.

Even with the extra inventory, sellers are still in a strong position. The list-to-sale price ratio came in at 98.8%, meaning most homes are selling very close to asking price. However, showings per listing are down 10%, a sign that buyers are becoming more selective and waiting for the right fit.

What This Means for Buyers

If you’ve been feeling discouraged by tight inventory, this fall brings some good news. With more homes on the market and slightly less competition, buyers finally have room to breathe. That said, prices are still rising, so waiting too long could mean paying more for the same home down the road.

What This Means for Sellers

Homeowners can still expect solid demand and strong pricing—but the days of multiple offers in a weekend are becoming less common. Setting the right price and presenting your home well are more important than ever as buyers have more choices.

Outlook for the Omaha Market

Overall, Omaha’s housing market remains healthy, steady, and resilient. Rising inventory points to more balance ahead, while modest price growth suggests the local economy and demand remain strong. Barring major rate changes, 2026 is shaping up to start on stable footing.

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