Omaha, Nebraska started 2024 with a total of 675 single-family homes on the market, with a median home price of $365,500 and an average price per square foot of $174.66. By the end of the year, inventory had increased to 760 homes on the market (+13%), with a median home price of $329,450 (-10%), and an average price per square foot of $173 (-1%).
At the start of 2024, the median days on market (DOM) was 70 days – by the end of the year, median DOM had decreased to 56 days.
Omaha, Nebraska started the year with 37.63% of homes taking a price cut. (For reference, 35% is the national average for price reductions in a "normal" year.) By the end of the year, about 41.71% of homes for sale had taken a price cut.