Is Omaha, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Omaha is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Omaha was a Neutral Market.

Key Takeaway

Omaha is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Omaha, AR

How much do homes in Omaha, AR cost?

Median Sold Price

$248,000

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$45,000(-15.4%)

Key Takeaway

Homes in Omaha have sold for 15.4% less than they did a year ago.

Summary: The median home sold price in Omaha was $248,000 in November 2024, down 15.4% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $116K$297K
+156.0%
2 $225K$199.9K
-11.2%
3 $330K$225K
-31.8%
4 $300K$275K
-8.3%
5+ $937.4K$512.5K
-45.3%

Summary: Omaha housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 156%, 2 bedroom homes decreased by 11.2%, 3 bedroom homes decreased by 31.8%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 45.3%.

Median Sold Price Compared To Nearby Cities

Omaha
-15.4%
Omaha Township
-15.4%

Housing Supply in Omaha, AR

How many homes are available in Omaha, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
89+12.5%

Summary: The Omaha real estate market had 9 homes for sale in November 2024, a 12.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 00
0.0%
3 23
+50.0%
4 44
0.0%
5+ 00
0.0%

Summary: The Omaha housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Omaha, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Omaha in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Omaha, AR

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Omaha, AR

Nearby Markets to Omaha, AR