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OMAHA, NE 68116

Real Estate Market Report  ·  Douglas County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The OMAHA, NE real estate market (68116) currently shows 122 active listings, with 77 pending sales. Homes are averaging 34 days on the market before going under contract.

Inventory has tightened compared to last year, with 25 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 34 days on market compared to 47 days last year.

The median listing price has fallen 1.4% year-over-year, from $392,668 to $387,000.

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 Context

Market Context

Population: 33,936  ·  Density: 1,541.4/mi²  ·  Median household income: $115,159

Typical home value: $295,038  ·  Homeownership: 79.6%

Market Overview

Active Listings
122
⇩ 17% vs 147 last year
Pending
77
63% pending ratio
Median Price
$387,000
⇩ 1.4% vs $392,668 last year
Average Price
$403,826
⇩ 3.8% vs $419,849 last year
Days on Market
34
⇩ 27.7% vs 47 days last year

Price Per Square Foot

Median $/sqft
$182
⇩ 5.2% vs $192/sqft last year
Median Home Size
2,127 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 122 this year vs 147 last year
  • Days on market: 34 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $387,000 (-1.4% YoY)
  • Average: $403,826 (-3.8% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.4 miles — 1,085 listings ($614,262,490 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
68116Omaha, NE 681160.0 mi113$46,048,856$391,675$407,512
68164Omaha, NE 681642.9 mi54$20,239,200$318,688$374,800
68022Elkhorn, NE 680224.4 mi477$327,325,509$602,425$686,217
68144Omaha, NE 681445.0 mi47$18,929,015$332,475$402,745
68142Omaha, NE 681425.9 mi71$25,680,984$338,425$361,704
68114Omaha, NE 681146.4 mi42$33,076,008$681,250$787,524
68137Omaha, NE 681376.8 mi53$16,408,694$287,500$309,598
68122Omaha, NE 681227.6 mi51$16,231,515$323,650$318,265
68069Waterloo, NE 680698.7 mi14$12,558,434$612,413$897,031
68132Omaha, NE 681328.9 mi44$33,745,976$418,625$766,954
68106Omaha, NE 681069.5 mi54$17,494,758$304,250$323,977
68152Omaha, NE 681529.7 mi22$17,633,088$617,500$801,504
68064Valley, NE 6806410.4 mi43$28,890,453$595,000$671,871

Frequently Asked Questions

How many homes are for sale in OMAHA, NE 68116?

As of March 2026, there are 122 active listings in OMAHA, NE (zip code 68116), compared to 147 the prior year.

What is the median home price in OMAHA, NE 68116?

The median listing price in OMAHA, NE 68116 is $387,000 as of March 2026, a 1.4% decrease from $392,668 the prior year.

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

Homes in OMAHA, NE 68116 spend an average of 34 days on the market before going under contract, compared to 47 days the prior year.

Is it a seller's or buyer's market in OMAHA, NE 68116?

Based on current inventory and days-on-market data as of March 2026, OMAHA, NE 68116 is currently a Seller's Market. Inventory has tightened compared to last year, with 25 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 34 days on market compared to 47 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 68116 save an estimated $7,740 compared to a typical 5% commission on the median listing price of $387,000. 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.