Market

Omaha buyers slowed down this fall. Here's what the numbers mean.

About a third of listings have cut their price, and fewer homes are going under contract each week. Good news for buyers, and a pricing lesson for sellers.

Hope McClurkin
Hope McClurkin, REALTOR® Berkshire Hathaway HomeServices Ambassador Real Estate · Omaha native
Current as of Nov. 3, 2026 Dates, prices, hours, and market numbers in this article are current as of November 3, 2026 and can change. Confirm with the venue, the county, or a lender before you make plans or decisions. This is general information, not financial, legal, or tax advice.
The short answer

In mid-October 2026, 31.8% of active Omaha listings had a price reduction. There were about 2,350 active listings, up from roughly 1,940 in October 2024. From late August to mid-October, Omaha saw 94 new pendings for every 100 new listings, down from 122 in 2024. Buyers have more time and more choices. Sellers who price right the first time still sell.

The numbers

Source: HousingWire Data, October 2026.

31.8%
Active listings with a price cut

Mid-October 2026. Close to one in three homes for sale had already come down.

2,350
Active listings in October

Up from about 1,940 in October 2024. Buyers have more to compare.

94
New pendings per 100 new listings

Late August to mid-October. It was 122 in 2024 and 109 in 2025.

180–255
Homes going under contract each week

Down from 300-plus a week in fall 2024. More homes, fewer contracts.

What it means for buyers

You get time to think. Room for an inspection, a second showing, and a real conversation about price and repairs. A house that's been sitting for three weeks is often open to an offer below list.

That doesn't mean every house is negotiable. Well-priced homes in popular areas still move quickly.

What it means for sellers

The first price matters more than it did two years ago. Buyers can compare, and plenty of them wait for week three to see whether the price drops.

Your first two weeks bring the most showings you'll get. Price for week one, not for the cut you'll make later.

List in December, or wait for spring?

December
Less competition, serious buyers

Fewer listings go up, and nobody tours in the snow for fun.

Spring
More buyers, more listings

More showings, but you'll share them with every house that waited.

Either way
Work back from your move date

When do you need to be moved? The season comes second.

Questions I get asked

Is the Omaha market crashing?

No. Prices aren't falling across the board. The market has slowed and buyers have more choices, which shows up as more price cuts and longer days on market.

How much should I offer under list?

It depends on how long the home has been listed and what similar homes sold for. Days on market and recent sales tell you more than a percentage rule.

Should I cut my price?

If you've had showings but no offers after two or three weeks, the price is usually the reason. I'll compare it to what's sold and what you're competing against.

Keep reading
How long does it take to sell in Omaha?
Read the article →
The best time to list in Omaha
Read the article →
Buying a home in an Omaha winter
Read the article →
Hope McClurkin
Sellers

What would your house list for today?

I'll price it for December and for April, side by side, with the competition you'd be up against.

Get in touch →