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OMAHA, NE 68116

Real Estate Market Report  ·  Douglas County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
128
⇩ 3.8% vs 133 last year
Pending
60
47% pending ratio
Median Price
$371,293
⇩ 2.4% vs $380,300 last year
Average Price
$400,354
⇩ 3.5% vs $414,795 last year
Days on Market
73
⇧ 46% vs 50 days last year

Market Context

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

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

Market Analysis

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

The OMAHA, NE real estate market (68116) currently shows 128 active listings, with 60 pending sales. Homes are averaging 73 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 73 days on market compared to 50 days last year.

The median listing price has fallen 2.4% year-over-year, from $380,300 to $371,293.

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: 128 this year vs 133 last year
  • Days on market: 73 now vs 50 last year

Median & Average Pricing

Year over Year
  • Median: $371,293 (-2.4% YoY)
  • Average: $400,354 (-3.5% 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 10.4 miles — 1,043 listings ($588,721,831 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
68116Omaha, NE 681160.0 mi128$51,245,312$371,293$400,354
68164Omaha, NE 681642.9 mi49$18,649,498$324,950$380,602
68022Elkhorn, NE 680224.4 mi465$312,488,835$599,000$672,019
68144Omaha, NE 681445.0 mi39$15,193,542$315,000$389,578
68142Omaha, NE 681425.9 mi64$22,571,584$330,000$352,681
68114Omaha, NE 681146.4 mi37$30,159,625$750,000$815,125
68137Omaha, NE 681376.8 mi50$14,615,000$288,000$292,300
68122Omaha, NE 681227.6 mi47$14,715,371$319,900$313,093
68069Waterloo, NE 680698.7 mi10$8,508,950$495,000$850,895
68132Omaha, NE 681328.9 mi36$29,584,152$400,000$821,782
68106Omaha, NE 681069.5 mi57$17,003,328$280,000$298,304
68152Omaha, NE 681529.7 mi17$14,507,018$725,000$853,354
68064Valley, NE 6806410.4 mi44$39,479,616$764,500$897,264

Frequently Asked Questions

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

As of January 2026, there are 128 active listings in OMAHA, NE (zip code 68116), compared to 133 the prior year.

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

The median listing price in OMAHA, NE 68116 is $371,293 as of January 2026, a 2.4% decrease from $380,300 the prior year.

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

Homes in OMAHA, NE 68116 spend an average of 73 days on the market before going under contract, compared to 50 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 January 2026, OMAHA, NE 68116 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 73 days on market compared to 50 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 $7,426 compared to a typical 5% commission on the median listing price of $371,293. 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.