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South Omaha

OMAHA, NE 68108

Real Estate Market Report  ·  Douglas County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
32
⇧ 23.1% vs 26 last year
Pending
10
31% pending ratio
Median Price
$220,000
⇩ 19.3% vs $272,500 last year
Average Price
$281,445
⇧ 0.8% vs $279,251 last year
Days on Market
42
⇧ 23.5% vs 34 days last year

Market Context

Population: 14,869  ·  Density: 1,748.7/mi²  ·  Median household income: $49,681

Typical home value: $121,136  ·  Homeownership: 47.4%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The OMAHA, NE real estate market (68108) currently shows 32 active listings, with 10 pending sales. Homes are averaging 42 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 42 days on market compared to 34 days last year.

The median listing price has fallen 19.3% year-over-year, from $272,500 to $220,000.

Whether you are buying or selling in OMAHA, NE, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 32 this year vs 26 last year
  • Days on market: 42 now vs 34 last year

Median & Average Pricing

Year over Year
  • Median: $220,000 (-19.3% YoY)
  • Average: $281,445 (+0.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.5 miles — 670 listings ($254,101,473 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
68108Omaha, NE 681080.0 mi32$9,006,240$220,000$281,445
68105Omaha, NE 681051.7 mi68$21,365,124$279,000$314,193
68131Omaha, NE 681312.5 mi40$11,363,000$228,500$284,075
51510Carter Lake, IA 515103.6 mi10$2,399,830$237,500$239,983
68132Omaha, NE 681324.1 mi36$29,584,152$400,000$821,782
68110Omaha, NE 681104.3 mi30$5,432,610$179,000$181,087
68147Bellevue, NE 681474.4 mi55$21,313,875$384,900$387,525
68104Omaha, NE 681045.4 mi97$23,219,278$215,000$239,374
68114Omaha, NE 681146.5 mi37$30,159,625$750,000$815,125
68005Bellevue, NE 680056.9 mi36$9,706,320$252,450$269,620
51503Council Bluffs, IA 515038.0 mi91$30,754,269$299,000$337,959
68133Papillion, NE 681339.1 mi70$33,633,810$440,000$480,483
68123Bellevue, NE 681239.5 mi68$26,163,340$372,575$384,755

Frequently Asked Questions

How many homes are for sale in OMAHA, NE 68108?

As of January 2026, there are 32 active listings in OMAHA, NE (zip code 68108), compared to 26 the prior year.

What is the median home price in OMAHA, NE 68108?

The median listing price in OMAHA, NE 68108 is $220,000 as of January 2026, a 19.3% decrease from $272,500 the prior year.

How long do homes stay on the market in OMAHA, NE?

Homes in OMAHA, NE 68108 spend an average of 42 days on the market before going under contract, compared to 34 days the prior year.

Is it a seller's or buyer's market in OMAHA, NE 68108?

Based on current inventory and days-on-market data as of January 2026, OMAHA, NE 68108 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 42 days on market compared to 34 days last year.

How much can I save on real estate commission in OMAHA, NE?

With SELL123.com's maximum 3% commission, sellers in OMAHA, NE 68108 save an estimated $4,400 compared to a typical 5% commission on the median listing price of $220,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.