Omaha, IL 62871 housing market
Data through May 2026 · Seller's market · leverage 25
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Buyer Leverage Score
25
May 2026
Months of Supply
3.1 months
Oct 2022
Days on Market
221 days
May 2026
Price Cut %
0.0%
Jan 2026
Sale-to-List Ratio
99.7%
May 2026
Expected Disaster Loss
$277
Dec 2025
What this means
- Supply. Listings are 100% below the 2017-19 norm and falling (−100% vs. a year ago): still a tight market.
- Negotiating. Buyer leverage is low (25/100; U.S.: 54): homes sell for about 0.3% below their final list price; 0% of listings had a price cut (U.S.: 26%) (as of Jan 2026).
- Disaster risk. FEMA expects about $277 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding. Flood isn't covered by standard homeowners insurance.
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Other ZIP codes in Gallatin County, IL
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Elizabethtown, IL 62984 | – | – | 22 |
| Ridgway, IL 62979 | – | – | 33 |
| Equality, IL 62934 | – | – | 50 |
| Junction, IL 62954 | – | – | 22 |