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OMAHA, NE 68118

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

Market Overview

Active Listings
25
⇧ 4.2% vs 24 last year
Pending
9
36% pending ratio
Median Price
$345,000
⇩ 6.4% vs $368,694 last year
Average Price
$535,523
⇧ 12.8% vs $474,771 last year
Days on Market
62
vs 62 days last year

Market Context

Population: 9,163  ·  Density: 889.5/mi²  ·  Median household income: $138,099

Typical home value: $348,892  ·  Homeownership: 81.3%

Market Analysis

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

The OMAHA, NE real estate market (68118) currently shows 25 active listings, with 9 pending sales. Homes are averaging 62 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

The median listing price has fallen 6.4% year-over-year, from $368,694 to $345,000.

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: 25 this year vs 24 last year
  • Days on market: 62 now vs 62 last year

Median & Average Pricing

Year over Year
  • Median: $345,000 (-6.4% YoY)
  • Average: $535,523 (+12.8% 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 11.0 miles — 945 listings ($434,296,885 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
68118Omaha, NE 681180.0 mi25$13,388,075$345,000$535,523
68116Omaha, NE 681162.5 mi128$51,245,312$371,293$400,354
68144Omaha, NE 681443.6 mi39$15,193,542$315,000$389,578
68135Omaha, NE 681354.1 mi108$56,205,360$502,746$520,420
68137Omaha, NE 681375.0 mi50$14,615,000$288,000$292,300
68114Omaha, NE 681146.5 mi37$30,159,625$750,000$815,125
68134Omaha, NE 681347.0 mi52$13,658,736$257,500$262,668
68007Bennington, NE 680077.6 mi258$131,318,904$422,950$508,988
68138Omaha, NE 681387.6 mi36$14,742,432$320,000$409,512
68142Omaha, NE 681428.3 mi64$22,571,584$330,000$352,681
68106Omaha, NE 681069.2 mi57$17,003,328$280,000$298,304
68122Omaha, NE 681229.6 mi47$14,715,371$319,900$313,093
68064Valley, NE 6806411.0 mi44$39,479,616$764,500$897,264

Frequently Asked Questions

How many homes are for sale in OMAHA, NE 68118?

As of January 2026, there are 25 active listings in OMAHA, NE (zip code 68118), compared to 24 the prior year.

What is the median home price in OMAHA, NE 68118?

The median listing price in OMAHA, NE 68118 is $345,000 as of January 2026, a 6.4% decrease from $368,694 the prior year.

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

Homes in OMAHA, NE 68118 spend an average of 62 days on the market before going under contract, compared to 62 days the prior year.

Is it a seller's or buyer's market in OMAHA, NE 68118?

Based on current inventory and days-on-market data as of January 2026, OMAHA, NE 68118 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

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

With SELL123.com's maximum 3% commission, sellers in OMAHA, NE 68118 save an estimated $6,900 compared to a typical 5% commission on the median listing price of $345,000. 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.