Omaha Real Estate Market Update: A Look at 2025 Trends

The Omaha real estate market has seen a shift over the past few years, moving from an intense seller's market in 2021 and 2022 to a more balanced, yet still seller-friendly, market as we enter 2025. If you’re considering buying or selling a home in Omaha, here’s what you need to know about the current market conditions.

We’re Still in a Seller’s Market – But It’s Cooling

While sellers still hold some advantages, the frenzy of bidding wars and offers well over asking price has slowed. Compared to the height of 2021 and 2022, where competition was fierce, the market today is more tempered. Buyers now have a bit more breathing room, and sellers may need to adjust expectations slightly compared to the rapid-fire sales of the past.

Average Days on Market: A Key Indicator

One of the clearest signs of this market shift is the increase in average days on market. Currently, homes are sitting on the market for an average of 28 days, compared to just 16 days at the same time last year. This change means buyers are taking a little more time to make decisions, and sellers need to be prepared for their home to take a few weeks to sell rather than just days.

Home Prices Remain Stable

Despite the changing dynamics, the median home price in Omaha remains steady. The year-over-year median home price is virtually unchanged at $300,000. This stability is good news for both buyers and sellers, as it reflects a balanced market where homes are retaining their value without skyrocketing beyond reach.

What This Means for Buyers

If you’re looking to buy, this is a promising time to enter the market. With slightly more inventory and less competition than previous years, you may have better opportunities to find a home that fits your needs. However, the market is still moving quickly, so being prepared with pre-approval and a clear understanding of your budget remains essential.  Join my 90 Days to Homeowner Challenge here.

What This Means for Sellers

Sellers can still expect to see strong interest in their properties, especially if homes are well-maintained and priced competitively. However, setting realistic expectations about timelines and pricing will be critical to attracting serious buyers. Working with an experienced real estate agent can make all the difference in creating a winning strategy.  Get my SOLD playbook here.

Navigating the Market in 2025

Whether you’re buying or selling, understanding these market trends can help you make informed decisions. The Omaha market remains strong, and with the right guidance, there’s plenty of opportunity to achieve your real estate goals.

If you’re ready to explore your options or just want to know what your home is worth in today’s market, I’m here to help. Let’s navigate this shifting landscape together and make 2025 your year for real estate success!

Feel free to reach out for a personalized market analysis or to discuss your next steps.

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