Top Mega Teams in Omaha, Nebraska – Ranked by Sides

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    • Rank – City SidesTeam NameCompanyLocationSidesProfile
    1The Briley TeamBerkshire Hathaway HomeServices Ambassador Real EstateOmaha, NE 929.0View Profile
    2The Metro ProsBerkshire Hathaway HomeServices Ambassador Real EstateOmaha, NE 264.0View Profile
    3Elite Nebraska Real Estate TeamBerkshire Hathaway HomeServices Ambassador Real EstateOmaha, NE 216.0View Profile

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    2023 Omaha, Nebraska Housing Market Summary

    Omaha, Nebraska started 2023 with a total of 460 single-family homes on the market, with a median home price of $327,375 and an average price per square foot of $170. By the end of the year, inventory had increased to 698 homes on the market (+51%), with a median home price of $363,741 (+11%) and an average price per square foot of $174 (+2%).

    At the start of 2023, the median days on market (DOM) was 49 days – by the end of the year, median DOM had increased to 70 days.

    Omaha started the year with 42% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 39% of Omaha homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Omaha started 2023 as a seller’s market, with an MAI score of 40; by the end of the year, the MAI had dropped to 34 – a balanced buyer and seller’s market.

    This market summary is powered by Altos Research – click here to run a free report for your area.

    Housing Market News

    AdobeStock_250556333

    Lower mortgage rates attracting more homebuyers 

    Sep 16, 2024By

    An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

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