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Omaha currently ranks in the top 20 markets for year over year housing price increases.

Every calendar quarter, the Federal Housing Finance Committee (FHFA) analyzes data from the top 100 markets and releases their Housing Price Index. For the 2^nd quarter of 2023, the Omaha-Council Bluffs area ranked 18^th.

Single family housing prices in Omaha are up about 6.2 percent over the same time last year, and the prices are up 1.9 percent compared to the first quarter of 2023.

The report included a few more interesting bits of information:

• Tulsa ranked number 11 with a 7.2 percent pricing increase over last year.
• Kansas City ranked number 20 with a 5.9 percent pricing increase over last year.
• St Louis ranked number 27 with a 5.6 percent pricing increase over last year.
• Camden, NJ...

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Douglas County Existing Homes

There were 580 existing homes that went under contract in August, down 11 percent compared to July, and down 22 percent compared to the same month last year. The median sale price in August was $285,000, up about 7 percent compared to the same month last year.

Interesting to note, the number of homes for sale at the end of August was at the highest level in about 2 years.

Douglas County New Construction

Close to 60 new construction homes went under contract in August, which is down about 30 percent from last month but up about 16 percent compared to the same month last year. The median sale price in August was $450,000, up about 3.5 percent compared to the same month last year. 

Sarpy County Existing Homes

There were 187 existing hom...

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Douglas County Existing Homes

There were about 640 existing homes that went under contract in July, down just 2 percent compared to June. The median sold price in July was about $291,000 which is about even compared to June.

Interesting to note, 18 homes listed for over $1 million went under contract in July. That is the most ever in one month in Douglas County. The luxury market in Omaha is doing well.

Douglas County New Construction

About 80 new construction homes went under contract in July, including lots and completed homes. The median sold price in July was about $490,000, up about 4 percent compared to June.

Sarpy County Existing Homes

There were about 194 existing homes that went under contract in July, down about 20 percent in Jun...

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