$2,553 Closing Credit*
$215,000
1,402 SqFt
3 Beds
•1 Full Bath
Cedrick L. Dorsey, Listing Office: BHHS Ambassador Real Estate
Is Central Omaha, NE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Central Omaha has remained a Seller's Market.
Key Takeaway
Central Omaha is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Central Omaha, NE
How much do homes in Central Omaha, NE cost?
Median Sold Price
$283,000
$158/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$3,000(+1.1%)
Key Takeaway
Homes in Central Omaha have sold for 1.1% more than they did a month ago.
Summary: The median home sold price in Central Omaha was $283,000 in November 2024, up 1.1% from last month, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $225K | $332.5K | +47.8% |
| 3 Bedrooms | $257.7K | $269.2K | +4.5% |
| 4 Bedrooms | $367K | $364K | -0.8% |
| 5+ Bedrooms | - | $508K | N/A |
Summary: Central Omaha housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 47.8%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Central Omaha | $280K | $283K | +1.1% |
| West Dodge | $265K | $241K | -9.1% |
| Peony Park | $279K | $230K | -17.6% |
Housing Supply in Central Omaha, NE
How many homes are available in Central Omaha, NE?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 216 | 229 | +6.0% |
Summary: The Central Omaha real estate market had 229 homes for sale in November 2024, a 6.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 20 | 18 | -10.0% |
| 3 Bedrooms | 135 | 150 | +11.1% |
| 4 Bedrooms | 46 | 43 | -6.5% |
| 5+ Bedrooms | 15 | 18 | +20.0% |
Summary: The Central 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 decreased by 10%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 56 | 85 | +51.8% |
Asking Price vs. Sold Price
40 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Central Omaha, you may be able to get a good deal. 51.3% of homes here sold below asking price last month.
Summary: A total of 85 homes were sold or pending in Central Omaha in November 2024, up by 51.8% month-over-month. Of the 78 sold homes, 51% were sold under asking, 23% were sold at asking, and 26% were sold over asking.
Days on Market for Central Omaha, NE
How long does it take to sell a home in Central Omaha, NE?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 13 Days | -41.8% |
Summary: Homes in Central Omaha had an average of 13 days on market in Nov 2024, down by 41.8% compared to last month.
Breakdown of Home Sale Times
72 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Central Omaha are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 85 homes were sold in Central Omaha; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Great Plains REALTORS® Multiple Listing Service, Inc. All rights reserved.