Omaha, NE—68136
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 $401,000, with a year-over-year change of -0.5%. This indicates that home prices in Omaha, NE are flat. 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 | $401,000 | -0.5% |
| Single Family | $401,000 | -0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $361,000 | -0.6% |
3 Bed | $350,000 | 0.3% |
4 Bed | $434,000 | -0.7% |
| 5 Bed | $539,000 | 0.0% |
% of Housing Stock
Rental Trends — Omaha, NE
As of July '25, Rentcast reports the average rent in Omaha, NE is $2,250, with a year-over-year rent change of -0.9%. Per bedroom, the median rent as of July '25 in Omaha, NE is studios: $1,080, 1-bedrooms: $1,240, 2-bedrooms: $1,800, 3-bedrooms: $2,220, 4-bedrooms: $2,940. The most common rental property sizes in Omaha, NE are 3-bedroom and 2-bedroom, accounting for 41.3% and 40.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,150 | $2,250 |
| Studio Rent | $1,080 | $1,080 |
| 1 Bed Rent | $1,280 | $1,240 |
| 2 Bed Rent | $1,800 | $1,800 |
| 3 Bed Rent | $2,150 | $2,220 |
| 4 Bed Rent | $2,900 | $2,940 |
% 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 47. This is a decrease of -54.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $425,000 | 2.0% |
Listing Count | 229 | -10.0% |
| Listings as % of Homes | 3.8% | -10.0% |
Days on Market | 47 | -54.0% |
Demographics — Omaha, NE
As of the latest ACS Survey released in 2023, Omaha, NE has a population of 21,300, which has increased by 19.4% over the past 5 years. Omaha, NE is a popular place for families, as children make up 30.2% of the population. The area has a highly educated workforce, with 50.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,300 | 19.4% |
% Under 18 | 30.2% | -8.5% |
% Seniors | 11.2% | 41.8% |
% WFH | 15.8% | 327.0% |
% w/ College Degree | 50.0% | -1.8% |
As of the latest ACS Survey released in 2023, Omaha, NE is a predominantly white area, with 85.5% of the population identifying as white. The white population has shrunk by 8.2% in the last 5 years. The second most common race or ethnicity in Omaha, NE is asian, making up 6.0% of the population. Foreign-born residents account for 7.2% of the population in Omaha, NE, and this percentage has increased by 140.0% 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 | 85.5% | -8.2% |
% Black | 2.0% | 233.3% |
% Hispanic | 5.0% | 100.0% |
% Asian | 6.0% | 93.5% |
% Foreign Born | 7.2% | 140.0% |
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
As of 2024, the percent of homes in Omaha, NE under the Section 8 program is 0.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Omaha, NE, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $150 | $1,280 | $1,430 |
| 2 Bedroom | -$90 | $1,800 | $1,710 |
| 3 Bedroom | $120 | $2,150 | $2,270 |
| 4 Bedroom | -$370 | $2,900 | $2,530 |
Affordability — Omaha, NE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $401,000 |
| Median Household Income | $126,000 |