When it comes to understanding the real estate market, one of the most important — yet often overlooked — metrics is Months of Inventory. If you’ve ever wondered whether it’s a buyer’s market, seller’s market, or somewhere in between, this number tells the story.
What is “Months of Inventory”?
Simply put, Months of Inventory measures how long it would take to sell all the homes currently on the market if no new homes were listed, based on the current pace of sales.
- Seller’s Market: Less than 3 months of inventory
- Neutral Market: 3–6 months of inventory
- Buyer’s Market: More than 6 months of inventory
Why does this matter? Because it reflects supply and demand — and in real estate, that balance can significantly influence home prices, competition, and how quickly homes sell.
What’s Happening in Omaha Right Now?
As of July 2025, Omaha is sitting at 2.1 months of inventory — firmly in seller’s market territory. That means there are relatively few homes for sale compared to the number of buyers looking, which often leads to faster sales and competitive offers.
Looking at the trend this year:
- January & February: Inventory held steady at 2.6 months.
- Spring Dip: By May, inventory dropped to just 1.7 months — the tightest point of the year so far.
- Summer Shift: Inventory crept back up, reaching 2.1 months in July, which is up 16.7% from June.
This small increase means buyers might have a few more options than earlier this summer, but sellers still have the upper hand.
What This Means for Buyers and Sellers
For Sellers:
You’re still in a strong position. Low inventory means less competition, so well-priced, well-presented homes are moving quickly and often receiving strong offers.
For Buyers:
While the market is competitive, the slight uptick in inventory could give you a bit more breathing room compared to the spring rush. Working with an experienced agent (like the Omaha Home Pros Team!) can help you navigate multiple-offer situations and find hidden opportunities.
The Bottom Line
Months of Inventory is like the market’s speedometer — it tells us how fast homes are selling and who holds the advantage. Right now in Omaha, the market still strongly favors sellers, but the small rise in inventory is worth watching in the coming months.
Whether you’re thinking about buying or selling, understanding this metric helps you make smarter, more confident decisions.
