Omaha, NE—68116

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$382,000

1.4% YoY Growth

Household Income

$119,000

18.5% YoY Growth

Days on Market

6.0% Shorter YoY

Home Price Forecast

-0.1%

Median Rent

$2,100

7.1% YoY Growth

1-Bed Rent

$1,290

N/A

2-Bed Rent

$2,060

9.0% YoY Growth

3-Bed Rent

$2,100

4.1% YoY Growth

Other Zip Codes in Omaha, NE

68104 68117 68142 68136 68164 68157 68134 68122 68138 68108 68131 68106

Home Price Trends — Omaha, NE

As of May '26, the median home price in Omaha, NE is $382,000, with a year-over-year change of 1.4%. This indicates that home prices in Omaha, NE are increasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$382,000	1.4%
Single Family	$386,000	1.3%
Condos	$242,000	1.3%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Type	Median Rent	Average Rent
Average Rent	$2,100	$2,100
Studio Rent	$1,050	$1,140
1 Bed Rent	$1,290	$1,300
2 Bed Rent	$2,060	$2,060
3 Bed Rent	$2,100	$2,120
4 Bed Rent	$2,600	$2,780

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$420,000	-1.0%
Listing Count	126	-27.0%
Listings as % of Homes	0.7%	-27.0%
Days on Market	36	-6.0%

Metric	Latest Census	YoY % Change
Population	34,200	12.5%
% Under 18	28.6%	-1.0%
% Seniors	11.6%	22.1%
% WFH	19.6%	402.6%
% w/ College Degree	54.5%	-2.9%

Metric	Latest Census	5-Year % Change
% White	77.1%	-6.4%
% Black	6.5%	44.4%
% Hispanic	6.1%	19.6%
% Asian	5.7%	-3.4%
% Foreign Born	8.3%	23.9%

Metric	Zip Code Average
Total Loan Originations	181
% Conventional Loans	86.0%
% Government Loans	14.0%
% Investor Loans	2.0%
% Second Loans	1.0%
% Cash Out Refinance	14.0%

Omaha, NE—68116

Key Metrics at a Glance

Other Zip Codes in Omaha, NE

Home Price Trends — Omaha, NE

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Omaha, NE

% of Rental Stock

Property Listings — Omaha, NE

Demographics — Omaha, NE

Race and Ethnicity

Mortgage and Risk — Omaha, NE

Mortgages

Rentals and Section 8 — Omaha, NE

Section 8 Market Size

Section 8 Opportunity

Affordability — Omaha, NE

Home Price to Income Ratio

Omaha, NE — ZIP Code Boundary Map

Nearby ZIP Codes

Omaha, NE

Boys Town

Omaha, NE

Omaha, NE

Omaha, NE

Frequently Asked Questions

Total Units under HUD	176
Total Units Section 8	176
% Rentals under Section 8	6.3%
% Occupied Section 8	77.0%

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$30	$1,290	$1,260
2 Bedroom	-$550	$2,060	$1,510
3 Bedroom	-$90	$2,100	$2,010
4 Bedroom	-$370	$2,600	$2,230

Metric	Zip Code Average
Home Price to Income Ratio	3
Median Home Price	$382,000
Median Household Income	$119,000

Omaha, NE—68116

Key Metrics at a Glance

Other Zip Codes in Omaha, NE

Home Price Trends — Omaha, NE

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Omaha, NE

% of Rental Stock

Property Listings — Omaha, NE

Demographics — Omaha, NE

Race and Ethnicity

Mortgage and Risk — Omaha, NE

Mortgages

Rentals and Section 8 — Omaha, NE

Section 8 Market Size

Section 8 Opportunity

Affordability — Omaha, NE

Home Price to Income Ratio

Omaha, NE — ZIP Code Boundary Map

Nearby ZIP Codes

Omaha, NE

Boys Town

Omaha, NE

Omaha, NE

Omaha, NE

Frequently Asked Questions

What is the average home price in Omaha, NE 68116?

How have home prices in Omaha, NE 68116 changed over the past year?

What is the home price projection for Omaha, NE 68116?

What are the demographics of Omaha, NE 68116?

How long does it take homes to sell in Omaha, NE 68116?

What is the average rent price in Omaha, NE 68116?