Omaha, NE—68152
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 $333,000, with a year-over-year change of 1.6%. 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 | $333,000 | 1.6% |
| Single Family | $335,000 | 1.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $290,000 | 2.5% |
3 Bed | $297,000 | 0.3% |
4 Bed | $431,000 | 1.9% |
| 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 $1,330, with a year-over-year rent change of -31.1%. Per bedroom, the median rent as of July '25 in Omaha, NE is 1-bedrooms: $810, 3-bedrooms: $1,590. The most common rental property sizes in Omaha, NE are 1-bedroom and 2-bedroom, accounting for 40.1% and 32.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,570 | $1,330 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $810 | $810 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,570 | $1,590 |
| 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 46. This is a increase of 54.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $415,000 | 16.0% |
Listing Count | 24 | 32.0% |
| Listings as % of Homes | 0.4% | 32.0% |
Days on Market | 46 | 54.0% |
Demographics — Omaha, NE
As of the latest ACS Survey released in 2023, Omaha, NE has a population of 6,770, which has increased by 6.9% over the past 5 years. Omaha, NE is a moderately popular place for families, as children make up 20.8% of the population. The area has a moderately educated workforce, with 40.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,770 | 6.9% |
% Under 18 | 20.8% | -9.2% |
% Seniors | 27.5% | 12.2% |
% WFH | 13.5% | 170.0% |
% w/ College Degree | 40.5% | 37.8% |
As of the latest ACS Survey released in 2023, Omaha, NE is a predominantly white area, with 69.2% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Omaha, NE is black, making up 17.2% of the population. Foreign-born residents account for 3.2% of the population in Omaha, NE, and this percentage has decreased by 3.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 69.2% | -3.4% |
% Black | 17.2% | -6.5% |
% Hispanic | 6.3% | 46.5% |
% Asian | 1.6% | -27.3% |
% Foreign Born | 3.2% | -3.0% |
Mortgage and Risk — Omaha, NE
According to HUD data as of 2023, there were 189 mortgage originations in Omaha, NE, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Omaha, NE. Investor activity is low, as 3.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 189 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Omaha, NE
Omaha, NE lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 243 |
Total Units Section 8 | 157 |
% Rentals under Section 8 | 23.4% |
% Occupied Section 8 | 77.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $120 | $810 | $930 |
| 2 Bedroom | N/A | N/A | $1,120 |
| 3 Bedroom | -$80 | $1,570 | $1,490 |
| 4 Bedroom | N/A | N/A | $1,660 |
Affordability — Omaha, NE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $333,000 |
| Median Household Income | $84,300 |