Market Intelligence Report — NE-IA-540

Omaha, NE-IA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-NE-IA-08
As of the latest 2026 data
Accelerated

Median Listing

$395K
+0.2% YoY

Pending Ratio

0.77
+2.4% YoY

Active Inventory

2,469
-9.5% YoY

Median DOM

38 Days
+2.7% YoY

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The Omaha market is categorized as Accelerated, with a pending ratio of 0.77 indicating strong demand absorption. This reflects a notable increase from the prior year, as the pending ratio rose by 2.4 percentage points year-over-year.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.1%-0.2 pp YoY

Unemployment rate · Jul 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

1.01M+1.0% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

1,128+46.1% YoY

Building permits (private housing units) · Jul 2026

Shows whether future inventory pressure may increase.

U.S. Census Bureau building permits via FRED (St. Louis Fed).

Market Analysis

What's moving the Omaha market right now.

Active listings have contracted significantly, declining by 9.5% over the past year, while new listings also saw a reduction of 10.3% year-over-year. This reduced supply environment contributes to the elevated pending ratio. Median listing prices have experienced a modest 0.2% increase year-over-year, alongside a slight monthly decrease of 2.3%.

Historical Analysis

Market Trends

Median Price

$395K-2.3% MoM

Active Inventory

2,469-9.5% YoY

Days on Market

38+2.7% YoY

Sold Score™

86+2.4% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

86
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The elevated pending ratio and contracting inventory levels suggest that demand is moving quickly through the available supply. This pace places pressure on potential buyers to act decisively, reflecting a competitive environment where properties are absorbed efficiently. Price discipline is becoming more important given the month-over-month adjustment in median listing prices.

Luxury Segment

The average listing price has declined by 1.3% year-over-year, contrasting with a slight increase in median listing price and median $/sqft. This divergence suggests some softness in the higher-priced segments of the market.

Supply Dynamics

2,469 active listings represent the current floor, with new supply arriving at roughly 1,316 per month.

Pricing Pressure
15.0%

of active listings carry a price reduction, +1.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +0.4% year-over-year.

Absorption
0.77

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Omaha, NE-IA? Buyer Demand Index is running at 77%.

Demand in Omaha, NE-IA is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
77%
Median Days on Market
38 days
Inventory YoY
−9%

Demand is strong in Omaha, NE-IA. Check your Sold Score before you price — conditions this favorable don't hold forever.

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The Monthly Briefing

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Metro Demographics

Metro Area
Omaha, NE-IA
CBSA Code
36540
State
NE-IA
Analysis FAQ
  • What is the current market condition in Omaha?+

    As of the latest 2026 data, the Omaha metro is classified as Accelerated. Pending ratio is 0.77 with median days on market at 38.

  • Are home prices dropping in Omaha?+

    Median listing price is $395K, +0.2% year over year. 15.0% of active listings carry a price reduction.

  • How fast are homes selling in Omaha?+

    The typical listing sits 38 days on market, a +2.7% change YoY. New listings are arriving at 1,316 per month.

  • What's happening in the Omaha luxury market?+

    The average listing price has declined by 1.3% year-over-year, contrasting with a slight increase in median listing price and median $/sqft. This divergence suggests some softness in the higher-priced segments of the market.

  • Where can I find a trusted Omaha real estate expert?+

    Primpted maintains a vetted registry of Omaha agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 36540 · 36mo history