đ July 2024 â June 2025 Trends | Omaha Area Market
Whether youâre dreaming of your first home, getting ready to sell, or just like keeping an eye on the market, understanding local real estate trends can help you make smart moves. At Omaha Home Pros, weâre here to break it all down and explain what it means for you.
Letâs take a look at what the average closed price tells us about the current market.
đĄ What is âAverage Closed Priceâ?
The average closed price is the average sales price of all homes that sold (closed) in a given month. This number doesnât include things like seller concessions but gives a reliable snapshot of what buyers are actually paying.
đď¸ New Construction Homes: Cooling Slightly but Still Strong
From July 2024 to June 2025, the average closed price for new construction homes in the Omaha area was $473,620 â a small 0.4% decrease compared to the previous year.
đ What this means:
While prices dipped slightly, new construction is still holding value well. In May 2025, we even saw prices hit $492,227, one of the highest months on record. Builders are adjusting to shifting demand, and this stabilization could mean better opportunities for buyers who were previously priced out.
đĄ Existing Homes: Steady Growth
The average closed price for existing homes came in at $346,180, up 3.8% from the prior year.
Month after month, weâve seen consistent increases â especially strong in June 2025 at $370,717, which was up 4.8% year-over-year.
đ What this means:
This kind of steady appreciation is great news for current homeowners â your equity is growing! For buyers, it reinforces that real estate continues to be a solid investment in our region.
đ Year-to-Date Snapshot (2025)
Letâs compare the year-to-date (YTD) prices:
- New Construction: $473,551 (+0.1% from 2024 YTD)
- Existing Homes: $344,929 (+2.7% from 2024 YTD)
Both new and existing homes show positive growth this year, but not at runaway levels â this is a sign of a healthy, balanced market.
Why This Matters to YOU
⨠If youâre a homeowner:
Your homeâs value is likely increasing, especially if youâve owned for a few years. This could be a great time to explore refinancing, upgrading, or listing while values are strong.
⨠If youâre thinking about buying:
Understanding price trends helps you plan strategically. Even with price increases, Omaha remains one of the most affordable and stable markets in the Midwest.
⨠If youâre just curious:
Keeping tabs on the market helps you stay informed so that when youâre ready to make a move, youâre one step ahead.
đď¸ Letâs Talk About Your Next Move
Everyoneâs real estate journey is different. Whether youâre exploring options or already packing boxes, weâd love to connect and help you navigate the Omaha market with confidence.
đ Ready to chat? Reach out to the Omaha Home Pros â weâre here to guide you every step of the way!
