$4,501 Closing Credit*
$379,000
2,459 SqFt
4 Beds
•3 Full Baths, 1 Partial
Drew T. Woodke, Listing Office: BHHS Ambassador Real Estate
Is Midtown Omaha, NE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Midtown Omaha was a Neutral Market.
Key Takeaway
Midtown Omaha is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Midtown Omaha, NE
How much do homes in Midtown Omaha, NE cost?
Median Sold Price
$244,000
$168/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$47,000(-16.2%)
Key Takeaway
Homes in Midtown Omaha have sold for 16.2% less than they did a month ago.
Summary: The median home sold price in Midtown Omaha was $244,000 in November 2024, down 16.2% from last month, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $303.7K | $160K | -47.3% |
| 2 Bedrooms | $250K | $244K | -2.4% |
| 3 Bedrooms | $272.5K | $244K | -10.5% |
| 4 Bedrooms | $390K | $272.5K | -30.1% |
| 5+ Bedrooms | $330K | $1.1M | +233.3% |
Summary: Midtown Omaha housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 47.3%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 30.1%, and 5+ bedroom homes increased by 233.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Blackstone | $250K | $220K | -12.0% |
| Midtown Omaha | $291K | $244K | -16.2% |
| Field Club North | $360K | $196.5K | -45.4% |
Housing Supply in Midtown Omaha, NE
How many homes are available in Midtown Omaha, NE?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 64 | 67 | +4.7% |
Summary: The Midtown Omaha real estate market had 67 homes for sale in November 2024, a 4.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 10 | +42.9% |
| 2 Bedrooms | 23 | 22 | -4.3% |
| 3 Bedrooms | 21 | 17 | -19.0% |
| 4 Bedrooms | 6 | 13 | +116.7% |
| 5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Midtown Omaha housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 42.9%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes decreased by 19%, 4 bedroom homes increased by 116.7%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 21 | +90.9% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Midtown Omaha, you may be able to get a good deal. 57.9% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Midtown Omaha in November 2024, up by 90.9% month-over-month. Of the 19 sold homes, 58% were sold under asking, 21% were sold at asking, and 21% were sold over asking.
Days on Market for Midtown Omaha, NE
How long does it take to sell a home in Midtown Omaha, NE?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 25 Days | +34.4% |
Summary: Homes in Midtown Omaha had an average of 25 days on market in Nov 2024, up by 34.4% compared to last month.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Midtown Omaha are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 21 homes were sold in Midtown Omaha; 81% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% 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.