Homes in Elkhorn are taking longer to sell in this rolling three-month view, with the median days on market up sharply year over year to 80 days, signaling that buyers generally have more time to make decisions even as conditions still favor sellers. At the same time, months of supply has tightened to 2.0, down notably from a year ago and well below balanced-market levels, which helps explain why the area is still classified as a seller’s market.
Prices have been relatively steady, with the typical home value around $507,000, down slightly compared to the same period last year. List prices have inched higher year over year, while the average sale-to-list ratio is just above 100 percent, indicating that many homes are still selling close to what sellers are asking. A growing share of homes, about 41 percent, is closing above list price compared to a year ago, reflecting selective competition for well-positioned properties.
Activity levels show a mixed picture, as homes sold are up year over year while new and pending listings have pulled back, contributing to fewer active listings than a year ago. Compared to the broader Omaha market, Elkhorn’s typical sale price is substantially higher, underscoring its premium position within the city. With roughly 30 percent of homes going off the market within two weeks, understanding neighborhood-level dynamics is key, and Agent Pronto can connect both buyers and sellers with an agent who knows how to navigate this specific market.
