"In October, home prices fell substantially from the month before, with a median listing price of $325,000. The number of listings on the market grew 2.4% from last month, which is a smaller increase than normal for this time of the year in Omaha, and homes are also selling faster than at the same time last year. Home prices in Omaha Typically, home price per square foot in Omaha tend to fall in October."
"So, how does this compare with the rest of the U.S.? Nationally, home price per square foot decreased 0.8%, which means price changes in the Gateway to the West are larger the national market. Omaha inventory In October, there were 1,294 homes for sale in Omaha, which was 2.4% more than the month before and 20.3% more than the same time last year."
Median listing price in Omaha fell to $325,000 in October. Price per square foot in Omaha decreased 2.1% month-over-month, a larger drop than the national 0.8% decline. Listings on the market rose 2.4% from the previous month to 1,294 homes, representing a smaller seasonal increase than typical. Inventory was 20.3% higher than the same time last year. National active inventory remained essentially unchanged at 1,100,001. Average time on market in Omaha was 32 days, four days faster than the prior month and six days faster than last year, compared with a national average of 63 days.
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