Papillion, NE—68133
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Papillion, NE
Home Price Trends — Papillion, NE
As of Oct '25, the median home price in Papillion, NE is $412,000, with a year-over-year change of 1.0%. This indicates that home prices in Papillion, NE are increasing. According to Zillow, the 1-year price projection is 1.3%, 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 | $412,000 | 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 | $387,000 | 0.3% |
3 Bed | $372,000 | 1.1% |
4 Bed | $431,000 | 0.9% |
| 5 Bed | $493,000 | 0.6% |
% of Housing Stock
Rental Trends — Papillion, NE
As of July '25, Rentcast reports the average rent in Papillion, NE is $2,730, with a year-over-year rent change of 3.0%. Per bedroom, the median rent as of July '25 in Papillion, NE is 3-bedrooms: $2,400, 4-bedrooms: $2,810. The most common rental property sizes in Papillion, NE are 1-bedroom and 2-bedroom, accounting for 42.3% and 35.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,900 | $2,730 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,200 | $2,400 |
| 4 Bed Rent | $2,900 | $2,810 |
% of Rental Stock
Property Listings — Papillion, NE
As of Oct '25, Realtor.com reports that the median days on market for a home in Papillion, NE is 46. This is a increase of 49.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $420,000 | 0.0% |
Listing Count | 86 | 40.0% |
| Listings as % of Homes | 0.9% | 40.0% |
Days on Market | 46 | 49.0% |
Demographics — Papillion, NE
As of the latest ACS Survey released in 2023, Papillion, NE has a population of 13,400, which has increased by 19.8% over the past 5 years. Papillion, NE is a moderately popular place for families, as children make up 24.4% of the population. The area has a highly educated workforce, with 56.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,400 | 19.8% |
% Under 18 | 24.4% | -14.4% |
% Seniors | 15.3% | 4.1% |
% WFH | 16.6% | 172.1% |
% w/ College Degree | 56.4% | 2.4% |
As of the latest ACS Survey released in 2023, Papillion, NE is a predominantly white area, with 81.5% of the population identifying as white. The white population has shrunk by 3.1% in the last 5 years. The second most common race or ethnicity in Papillion, NE is hispanic, making up 8.7% of the population. Foreign-born residents account for 6.3% of the population in Papillion, NE, and this percentage has increased by 26.0% 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 | 81.5% | -3.1% |
% Black | 4.0% | 8.1% |
% Hispanic | 8.7% | 35.9% |
% Asian | 1.9% | -40.6% |
% Foreign Born | 6.3% | 26.0% |
Mortgage and Risk — Papillion, NE
According to HUD data as of 2023, there were 113 mortgage originations in Papillion, NE, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Papillion, NE. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 113 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Papillion, NE
Papillion, 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 | N/A | N/A | $1,380 |
| 2 Bedroom | N/A | N/A | $1,660 |
| 3 Bedroom | $10 | $2,200 | $2,210 |
| 4 Bedroom | -$450 | $2,900 | $2,450 |
Affordability — Papillion, NE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $412,000 |
| Median Household Income | $131,000 |