Omaha, NE—68118
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Omaha, NE
As of Oct '25, the median home price in Omaha, NE is $412,000, with a year-over-year change of 1.0%. This indicates that home prices in Omaha, NE are flat. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $412,000 | 1.0% |
| Single Family | $413,000 | 1.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $304,000 | 2.0% |
3 Bed | $336,000 | 1.5% |
4 Bed | $434,000 | 0.5% |
| 5 Bed | $568,000 | 0.7% |
% of Housing Stock
Rental Trends — Omaha, NE
As of July '25, Rentcast reports the average rent in Omaha, NE is $1,880, with a year-over-year rent change of -6.5%. Per bedroom, the median rent as of July '25 in Omaha, NE is studios: $1,280, 1-bedrooms: $1,180, 3-bedrooms: $2,050, 4-bedrooms: $3,200. The most common rental property sizes in Omaha, NE are 2-bedroom and 3-bedroom, accounting for 52.0% and 22.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,880 |
| Studio Rent | $1,280 | $1,280 |
| 1 Bed Rent | $1,170 | $1,180 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,900 | $2,050 |
| 4 Bed Rent | $3,200 | $3,200 |
% of Rental Stock
Property Listings — Omaha, NE
As of Oct '25, Realtor.com reports that the median days on market for a home in Omaha, NE is 29. This is a decrease of -12.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $450,000 | 15.0% |
Listing Count | 31 | -24.0% |
| Listings as % of Homes | 0.5% | -24.0% |
Days on Market | 29 | -12.0% |
Demographics — Omaha, NE
As of the latest ACS Survey released in 2023, Omaha, NE has a population of 9,330, which has decreased by -8.0% over the past 5 years. Omaha, NE is a popular place for families, as children make up 25.5% of the population. The area has a highly educated workforce, with 64.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,330 | -8.0% |
% Under 18 | 25.5% | -5.2% |
% Seniors | 18.5% | 56.8% |
% WFH | 17.9% | 141.9% |
% w/ College Degree | 64.6% | 4.7% |
As of the latest ACS Survey released in 2023, Omaha, NE is a predominantly white area, with 86.4% of the population identifying as white. The white population has shrunk by 1.3% in the last 5 years. The second most common race or ethnicity in Omaha, NE is asian, making up 5.7% of the population. Foreign-born residents account for 5.0% of the population in Omaha, NE, and this percentage has increased by 8.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 86.4% | -1.3% |
% Black | 0.2% | -50.0% |
% Hispanic | 3.9% | -18.8% |
% Asian | 5.7% | 35.7% |
% Foreign Born | 5.0% | 8.7% |
Mortgage and Risk — Omaha, NE
Omaha, NE lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Omaha, NE
Omaha, NE lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $390 | $1,170 | $1,560 |
| 2 Bedroom | N/A | N/A | $1,870 |
| 3 Bedroom | $580 | $1,900 | $2,480 |
| 4 Bedroom | -$440 | $3,200 | $2,760 |
Affordability — Omaha, NE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $412,000 |
| Median Household Income | $137,000 |