Omaha Nebraska Housing Market 2024

Omaha's real estate market is a canvas of opportunity, reflecting a combination of steady growth and inviting prospects for future homeowners and investors. Realbricks is at the forefront, offering a seamless gateway to this thriving market.

The Pulse of Omaha's Property Scene

The property landscape in Omaha is dynamic and active. A notable year-over-year increase in average home values echoes the buoyancy of the market. With an average value standing at $278,352 and homes quickly moving to pending status, it's clear there's a healthy demand driving the market forward. The sale-to-list price ratio hovers around 99%, suggesting that homes are selling for near their listed prices, a sign of a balanced yet competitive market environment​ (Realtor)​.

Introducing the Realbricks Omaha Properties

Realbricks is excited to introduce six properties in Omaha, reflecting the city's diverse living spaces. Each property presents a unique opportunity for investment:

  • Cedar Ridge: Located within walking distance to Lake Cunningham, the Cedar Ridge Ranch Plan is a newly built 4-bedroom home by THI Builders. It features a premium walk-out lot with a fully finished basement that backs onto a serene, tree-lined area. The home includes quality finishes such as quartz countertops and soft-close drawers. The kitchen, with its overhang island, is designed for both functionality and social entertaining. All stainless steel GE appliances are included. The main level has 3 bedrooms, while the basement adds a fourth bedroom and a recreational area, providing a pleasant view of the surrounding treed landscape.
  • Woody Creek: Featuring numerous recent upgrades, Woody Creek offers a blend of functionality and style. The home includes quartz countertops, luxury vinyl tile (LVT) flooring, and solar panels. The open floor plan is perfect for social gatherings, with a large kitchen island and a cozy fireplace in the living room. The upper level has 3 bedrooms, including a primary suite with an en-suite bathroom and walk-in closet. The fully finished basement with a bar and the spacious backyard with a privacy fence and deck create a perfect space for entertaining and relaxation.
  • Templeton: This condo, located in the Kimball Lofts in downtown Omaha, offers a blend of comfort and convenience. The building features a range of amenities including a secure entrance, a reserved parking stall in the garage, a fitness center, and a community room with a full kitchen. Residents also have access to a dedicated storage locker, a grassy area suitable for pets, and a rooftop deck that provides views over downtown Omaha. This corner condo unit itself is characterized by its spacious design, with 11-foot ceilings that enhance the sense of openness. It also features polished concrete floors and original brick walls, contributing to its unique aesthetic. The kitchen is equipped with a gas range and offers ample storage space, as well as a large peninsula. This combination of practical amenities and distinctive design elements makes the condo a noteworthy option for those seeking downtown living.
  • Dalmore: In the western part of Omaha, close to several medical centers, the Dalmore neighborhood is conveniently located just 15 minutes from downtown and 5 minutes from various shopping areas. The “Dalmore” Ranch, situated on a premium walk-out lot adjacent to a tree-lined backdrop, is a notable property in this area. Constructed by THI Builders, this home is distinguished by its meticulous design and quality finishes. It features quartz countertops and soft-close drawers throughout, including an overhang island in the kitchen that enhances the home's suitability for entertaining. The inclusion of all stainless-steel GE appliances adds to its modern appeal. The layout includes 3 bedrooms on the main level, with an additional 4th bedroom in the basement, complemented by a fully finished recreational area that offers views of the scenic treed lot. Additional amenities include a sprinkler system and a tankless water heater, contributing to the home's functionality and comfort.
  • Blanton: Located within walking distance of Lake Cunningham, the Blanton is a newly built 5-bedroom home featuring high-end finishes, including quartz countertops and stainless steel GE appliances. It boasts a fully finished basement with a large rec room and is perfect for families seeking modern amenities in a prime location.
  • Stag: Brand new 5 bed 4 bath 2-story with a finished basement! Located within walking distance of Lake Cunningham w/ a 1050-acre park! Cox internet is included in HOA. This home has all the high-end finishes, including stunning quartz countertops and soft close drawers throughout with a lovely overhang island in the kitchen, perfect for entertaining! The pantry and drop zone are located right off the garage. All SS GE appliances are included. 2nd level boasts four huge bedrooms and a sizable primary bedroom ensuite with an enormous walk-in closet connecting to the 2nd-floor laundry room! A sprinkler system and tankless water heater come standard too. Finished basement includes 5th bedroom, 4th bath, and large rec room.

All 6 of these initial offerings are now live and available on the primary marketplace.

A Closer Look at Market Indicators

The properties are entering a market where the outlook is positive. Sales figures demonstrate a tendency for homes to sell relatively close to their listing prices, with some exceeding expectations, pointing towards a sellers' advantage in certain market pockets​ (Redfin)​. Moreover, with an eye on the future, projections indicate that home values in Omaha could see a rise, underscoring the potential for solid investment returns​ (Home Matters Construction)​.

Source: Zillow.com

Explore the Possibilities with Realbricks

To learn more about the investment opportunities presented by the Omaha market, or to keep informed about these properties, Realbricks invites you to explore further:

As the Omaha real estate market continues to flourish, Realbricks stands ready to offer a path to those looking to dive into this promising market. Our platform is designed to make the process of investing in real estate as accessible and rewarding as possible.

Please note, the real estate market is subject to fluctuations, and while the data is promising, potential investors should perform due diligence and consider personal investment goals and risk tolerance before making any decisions.

Disclaimer: Investing in real estate involves risk, and this article does not constitute investment advice. Prospective investors should conduct their own due diligence and consult with financial advisors before making investment decisions.