Omaha Housing Market & Real Estate Update: Prices Steady-to-Up, Supply Still Tight
Omaha, NE – February 26, 2026 – Home values and sale prices remain higher than last year, with tight supply and slightly slower turn times overall.
Omaha, NE – February 26, 2026 – Local housing indicators continue to point to a steady-to-up market versus last year. Multiple trackers show prices holding firm, homes taking roughly a month to go pending/sell, and inventory improving a bit—but still tight for many buyers.
Top takeaways
- Prices: Recent reports show modest year-over-year gains, including a January median sale price near $260K and typical home values around $285K.
- Time to sell: Homes are taking about a month to go pending/sell, and several sources describe this as slightly slower than last year.
- Supply: Inventory appears somewhat better than earlier periods, but selection remains limited overall.
Market snapshot
Redfin’s January 2026 Omaha data lists a $260K median sale price (up 3.0% year-over-year), 33 median days on market, and 261 homes sold. Zillow’s snapshot (data through Jan. 31, 2026) places typical home values around $285K and shows 1,420 homes listed for sale with 368 new listings.
What’s for sale nearby
- Entry-level single-family homes and townhomes: Watch competition on clean, move-in-ready listings priced under the citywide median.
- Newer builds and spec homes: Compare list prices versus recent closed prices to gauge builder flexibility.
Seller and buyer watch list
Grow Omaha’s Feb. 19 weekly report noted a $298K median closed price, 30 average days to sell, and sellers receiving about 98.0% of list price, with months’ supply around 1.3. In practice, this combination can feel like a market that still rewards well-priced, well-presented listings, while buyers may need to stay ready to act when the right home appears.