The Downtown Omaha housing market is somewhat competitive. The median sale price of a home in Downtown Omaha was $240K last month, down 20.0% since last year. The median sale price per square foot in Downtown Omaha is $192, down 37.8% since last year.
What is the housing market like in Downtown Omaha today?
In March 2024, Downtown Omaha home prices were down 20.0% compared to last year, selling for a median price of $240K. On average, homes in Downtown Omaha sell after 56 days on the market compared to 18 days last year. There were 9 homes sold in March this year, up from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$240,000
-20.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown Omaha, NE
$240,000
-20.0%
United States
To compare other locations to the Downtown Omaha and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Omaha add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Downtown Omaha housing market?
Downtown Omaha is somewhat competitive. Homes sell in 53.5 days.
0
100
38
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 54 days.
Hot homes
can sell for around list price and go pending in around 12 days.
Homes in this area are served by the Omaha Public Schools.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
2/10
Liberty Elementary School
Public • PreK-6
727
Students
4 reviews
2/10
Kellom Elementary School
Public • PreK-6
525
Students
2 reviews
NR
Blackburn Alternative Program
Public • N/A • Choice school
-
Students
N/A
NR
Gateway To College
Public • N/A • Choice school
-
Students
N/A
NR
Accelere
Public • N/A • Choice school
-
Students
N/A
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Omaha housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Omaha.
Risk Factor
Flood Factor - Minor
2% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Omaha has a minor risk of flooding. properties in Downtown Omaha are likely to be
severely affected
by flooding over the next 30 years. This represents 2% of all properties in Downtown Omaha. Flood risk is increasing slower than the national average.
43% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Omaha has a moderate risk of wildfire. There are 60 properties in Downtown Omaha that have some risk of being affected by wildfire over the next 30 years. This represents 43% of all properties in Downtown Omaha.
Downtown Omaha has minimal risk of severe winds over the next 30 years
Wind Factor
Downtown Omaha has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.