Omaha Market Update & Summer Vibes – June 2025

by Chris Jamison

Thinking about relocating to Omaha or buying a home here? In this month’s update, my lender partner Brian and I sat down for a casual chat about what’s happening in the market, what’s new around the city, and how to make smart real estate moves this summer.

🏡 Omaha Real Estate Market – June 2025

The short version? We’re still in a seller’s market… but it’s starting to breathe a little.

Median sales price: $325,000 (unchanged year over year)
Days on market: 5 (just one day longer than last May)
Over asking sales: 29.4% (down slightly from 2024)
Median price per sq ft: $220

We’re seeing some softening in areas like Bennington and Ralston, while other neighborhoods (like Elkhorn and parts of Papillion) are still holding strong.

➡️ Thinking about selling or just curious what your home is worth? Request a free home value estimate

🧠 Pro Buyer Advice for Summer 2025

If you’re on the fence about buying, this is the window. Here’s why:

Fewer buyers = less competition
More sellers are offering concessions
Rates are volatile, but expected to trend down

Brian's advice:

“Buy now, before the crowd comes back. If rates drop, you can always refinance—just don’t wait until the next feeding frenzy hits.”

🛑 Also, don’t:

Co-sign for anyone while you’re buying
Rack up credit card debt
Change jobs (unless it's W2 to W2)

➡️ Need a game plan? Book a quick strategy session

🏙️ What’s New in Omaha

Omaha’s growing, and it’s not just rooftops:

Big Grove Brewery is expanding from Iowa with its first NE taproom near Saddle Creek
Crossroads Redevelopment finally has a major tenant: Gamescape by Cinemark—think bowling, laser tag, and arcade energy
The Arthur Apartments at 48th & Dodge will preserve the former office of Omaha’s first Black veterinarian, Dr. Arthur Pittman, as its lobby

🎉 Events to Check Out in June

College World Series: June 13–23

Tailgates, big energy, and at least one thunderstorm—every year 😅

Omaha Art Fair: June 6–8

Over 150 artists, live music, food trucks, and kids’ activities at Aksarben

Freedom Fest (Juneteenth): June 14

Live music and cultural celebration in North Omaha

Memorial Park Concert: June 27

Free Ringo Starr concert + one of Omaha’s biggest fireworks shows

🌳 Insider Pick: Standing Bear Lake

If you haven’t spent an evening at Standing Bear Lake, you’re missing one of Omaha’s best kept secrets. Sunset views, paddleboarding, fishing, and a surprising model airplane runway nearby make this a top summer pick for locals and newcomers alike.