Papillion, NE 68133 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Papillion, NE—68133

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$409,000

1.1% YoY Growth

Household Income

$131,000

14.8% YoY Growth

Days on Market

23.0% Longer YoY

Home Price Forecast

1.5%

Median Rent

$2,900

3.0% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$2,200

6.7% YoY Growth

Other Zip Codes in Papillion, NE

68046

Home Price Trends — Papillion, NE

As of Nov '25, the median home price in Papillion, NE is $409,000, with a year-over-year change of 1.1%. This indicates that home prices in Papillion, NE are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$409,000	1.1%
Single Family	$410,000	1.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

Studio

5.6%

1 Bedroom

42.3%

2 Bedrooms

35.0%

3 Bedrooms

3.5%

4 Bedrooms

6.2%

5+ Bedrooms

7.5%

Property Listings — Papillion, NE

As of Nov '25, Realtor.com reports that the median days on market for a home in Papillion, NE is 48. This is a increase of 23.0% 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 10.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$428,000	0.0%
Listing Count	79	39.0%
Listings as % of Homes	0.9%	39.0%
Days on Market	48	23.0%

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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%

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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%

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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%

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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

Papillion, NE—68133

Key Metrics at a Glance

Other Zip Codes in Papillion, NE

Home Price Trends — Papillion, NE

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Papillion, NE

% of Rental Stock

Property Listings — Papillion, NE

Demographics — Papillion, NE

Race and Ethnicity

Mortgage and Risk — Papillion, NE

Mortgages

Rentals and Section 8 — Papillion, NE

Section 8 Market Size

Section 8 Opportunity

Affordability — Papillion, NE

Home Price to Income Ratio

Papillion, NE — ZIP Code Boundary Map

Nearby ZIP Codes

Bellevue, NE

Papillion, NE

Omaha, NE

Bellevue, NE

Omaha, NE

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3
Median Home Price	$409,000
Median Household Income	$131,000

Papillion, NE—68133

Key Metrics at a Glance

Other Zip Codes in Papillion, NE

Home Price Trends — Papillion, NE

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Papillion, NE

% of Rental Stock

Property Listings — Papillion, NE

Demographics — Papillion, NE

Race and Ethnicity

Mortgage and Risk — Papillion, NE

Mortgages

Rentals and Section 8 — Papillion, NE

Section 8 Market Size

Section 8 Opportunity

Affordability — Papillion, NE

Home Price to Income Ratio

Papillion, NE — ZIP Code Boundary Map

Nearby ZIP Codes

Bellevue, NE

Papillion, NE

Omaha, NE

Bellevue, NE

Omaha, NE

Frequently Asked Questions

What is the average home price in Papillion, NE 68133?

How have home prices in Papillion, NE 68133 changed over the past year?

What is the home price projection for Papillion, NE 68133?

What are the demographics of Papillion, NE 68133?

How long does it take homes to sell in Papillion, NE 68133?

What is the average rent price in Papillion, NE 68133?