$2,494 Closing Credit*
$210,000
1,212 SqFt
3 Beds
•1 Bath
Nic Luhrs, Listing Office: BHHS Ambassador Real Estate
Is West 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, West Omaha has remained a Seller's Market.
Key Takeaway
West Omaha is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Omaha, NE
How much do homes in West Omaha, NE cost?
Median Sold Price
$325,000
$157/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$20,000(-5.8%)
Key Takeaway
Homes in West Omaha have sold for 5.8% less than they did a month ago.
Summary: The median home sold price in West Omaha was $325,000 in October 2024, down 5.8% from last month, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $122K | $187K | +53.3% |
| 2 Bedrooms | $220K | $212K | -3.6% |
| 3 Bedrooms | $300K | $298.5K | -0.5% |
| 4 Bedrooms | $413.9K | $410K | -1.0% |
| 5+ Bedrooms | $549.9K | $520K | -5.4% |
Summary: West Omaha housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes increased by 53.3%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 5.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Fountain Hills | $370.5K | $390K | +5.3% |
| West Omaha | $345K | $325K | -5.8% |
| Bent Creek | $450K | $325K | -27.8% |
Housing Supply in West Omaha, NE
How many homes are available in West Omaha, NE?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 526 | 516 | -1.9% |
Summary: The West Omaha real estate market had 516 homes for sale in October 2024, a 1.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 38 | 36 | -5.3% |
| 3 Bedrooms | 245 | 247 | +0.8% |
| 4 Bedrooms | 161 | 157 | -2.5% |
| 5+ Bedrooms | 79 | 74 | -6.3% |
Summary: The West Omaha housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes decreased by 6.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 155 | 164 | +5.8% |
Asking Price vs. Sold Price
63 Homes Were Sold
Under Asking
53 Homes Were Sold
At Asking
40 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Omaha, you may be able to get a good deal. 40.4% of homes here sold below asking price last month.
Summary: A total of 164 homes were sold or pending in West Omaha in October 2024, up by 5.8% month-over-month. Of the 156 sold homes, 40% were sold under asking, 34% were sold at asking, and 26% were sold over asking.
Days on Market for West Omaha, NE
How long does it take to sell a home in West Omaha, NE?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 15 Days | +9.9% |
Summary: Homes in West Omaha had an average of 15 days on market in Oct 2024, up by 9.9% compared to last month.
Breakdown of Home Sale Times
135 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Omaha are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 164 homes were sold in West Omaha; 82% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 4% 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.