Let's take a closer look at the Omaha Real Estate market!
In December 2022, home prices in Nebraska were up 10.4% compared to last year, selling for a median price. On average, the number of homes sold was down 39.9% year over year and there were 1,089 homes sold in December this year, down from 1,810 homes sold in December last year.
Omaha is a city in Nebraska and consists of 158 neighborhoods. There are 1,640 homes for sale in Omaha, ranging from $9.9K to $4M.
If you're thinking about buying or selling a home in Omaha, it's important to have a good understanding of the current real estate market. At Nebraska Realty, we're here to provide you with the information you need to make informed decisions about Omaha real estate.
One of the first things to consider when looking at the Omaha real estate market is the overall health of the economy. According to the National Association of Realtors, the unemployment rate in Omaha is currently very low, which is good news for both buyers and sellers. A strong economy helps to drive demand for housing, leading to increased property values.
Supply and Demand
Another important factor to consider is the current supply and demand for homes in Omaha. According to the National Association of Realtors, the number of homes for sale in Omaha has been steadily increasing, giving buyers more options to choose from.
However, due to the real estate market conditions in Omaha, now is a great time for buyers to enter the market and find their dream homes.
"With current market conditions, now is an opportune time for buyers to enter the market," says John Smaby, the National Association of Realtors' 2020 president. "The low supply of homes for sale over the last few years made it challenging for buyers, but with an increased inventory now, buyers have more options to choose from."
Variety of Homes
One of the great things about Omaha real estate is the variety of homes available. From historic homes in the Old Market to new construction in suburbs like Elkhorn, Gretna, and Bennington, there's something for everyone. And with Nebraska Realty's website, you can easily search for homes for sale in Omaha and find the perfect one for you. Our website allows you to search by Omaha neighborhood, price, and other criteria, making it easy to find your dream home.
Quality of Schools
Another important aspect to consider when buying a home is the quality of the schools in the area. Omaha is home to a number of excellent schools, both public and private. This is important for families with children, as a good education is one of the most important investments you can make in your child's future.
When it comes to amenities, Omaha has it all. The city is home to a wide variety of restaurants, shopping centers, and entertainment venues. From the historic Old Market to the trendy Midtown Crossing, there's something for everyone. And with so many parks and recreational opportunities, it's easy to stay active and enjoy the great outdoors.
Another great aspect of Omaha real estate is the city's convenient location. The city is situated in the heart of the Midwest, making it easy to travel to other parts of the country. Whether you're visiting family in Chicago or taking a road trip to the mountains, Omaha is a great starting point.
Whether you're buying or selling a home in Omaha, it's important to have a good understanding of the current real estate market. With a growing economy, a variety of homes available, and a strong sense of community, Omaha is a great place to call home. And with Nebraska Realty, we make it easy to find your dream home in Omaha.
So don't wait, start your search today at www.NebraskaRealty.com.