Omaha, NE—68127
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 $275,000, with a year-over-year change of 1.5%. This indicates that home prices in Omaha, NE are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $275,000 | 1.5% |
| Single Family | $276,000 | 1.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $215,000 | 4.4% |
3 Bed | $269,000 | 1.9% |
4 Bed | $358,000 | 1.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Omaha, NE
As of July '25, Rentcast reports the average rent in Omaha, NE is $1,170, with a year-over-year rent change of -11.4%. Per bedroom, the median rent as of July '25 in Omaha, NE is studios: $801, 1-bedrooms: $990, 2-bedrooms: $1,450, 3-bedrooms: $2,100. The most common rental property sizes in Omaha, NE are 1-bedroom and 2-bedroom, accounting for 45.9% and 32.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $950 | $1,170 |
| Studio Rent | $675 | $801 |
| 1 Bed Rent | $950 | $990 |
| 2 Bed Rent | $1,540 | $1,450 |
| 3 Bed Rent | $1,900 | $2,100 |
| 4 Bed Rent | N/A | N/A |
% 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 28. This is a increase of 6.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 37.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $325,000 | 5.0% |
Listing Count | 43 | 36.0% |
| Listings as % of Homes | 0.2% | 36.0% |
Days on Market | 28 | 6.0% |
Demographics — Omaha, NE
As of the latest ACS Survey released in 2023, Omaha, NE has a population of 20,600, which has decreased by -8.3% over the past 5 years. Omaha, NE is a moderately popular place for families, as children make up 19.3% of the population. The area has a moderately educated workforce, with 34.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,600 | -8.3% |
% Under 18 | 19.3% | -2.5% |
% Seniors | 15.7% | 8.3% |
% WFH | 12.7% | 388.5% |
% w/ College Degree | 34.7% | 12.3% |
As of the latest ACS Survey released in 2023, Omaha, NE is a predominantly white area, with 69.3% of the population identifying as white. The white population has shrunk by 11.4% in the last 5 years. The second most common race or ethnicity in Omaha, NE is hispanic, making up 20.7% of the population. Foreign-born residents account for 10.7% of the population in Omaha, NE, and this percentage has increased by 37.2% 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 | 69.3% | -11.4% |
% Black | 3.5% | -18.6% |
% Hispanic | 20.7% | 63.0% |
% Asian | 1.8% | -30.8% |
% Foreign Born | 10.7% | 37.2% |
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 | 116 |
Total Units Section 8 | 88 |
% Rentals under Section 8 | 1.9% |
% Occupied Section 8 | 77.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $90 | $950 | $1,040 |
| 2 Bedroom | -$290 | $1,540 | $1,250 |
| 3 Bedroom | -$240 | $1,900 | $1,660 |
| 4 Bedroom | N/A | N/A | $1,850 |
Affordability — Omaha, NE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $275,000 |
| Median Household Income | $65,300 |