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OMAHA, NE 68118

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

Market Analysis

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

The OMAHA, NE real estate market (68118) currently shows 34 active listings, with 21 pending sales. Homes are averaging 33 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are selling faster, averaging 33 days on market compared to 57 days last year.

The median listing price has fallen 13.8% year-over-year, from $387,000 to $333,625.

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

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

Market Overview

Active Listings
34
⇧ 25.9% vs 27 last year
Pending
21
62% pending ratio
Median Price
$333,625
⇩ 13.8% vs $387,000 last year
Average Price
$384,992
⇩ 24.8% vs $511,772 last year
Days on Market
33
⇩ 42.1% vs 57 days last year

Price Per Square Foot

Median $/sqft
$213
⇩ 7% vs $229/sqft last year
Median Home Size
1,612 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 34 this year vs 27 last year
  • Days on market: 33 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $333,625 (-13.8% YoY)
  • Average: $384,992 (-24.8% 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 11.0 miles — 986 listings ($449,037,145 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
68118Omaha, NE 681180.0 mi28$13,783,420$363,675$492,265
68116Omaha, NE 681162.5 mi113$46,048,856$391,675$407,512
68144Omaha, NE 681443.6 mi47$18,929,015$332,475$402,745
68135Omaha, NE 681354.1 mi123$64,410,057$507,450$523,659
68137Omaha, NE 681375.0 mi53$16,408,694$287,500$309,598
68114Omaha, NE 681146.5 mi42$33,076,008$681,250$787,524
68134Omaha, NE 681347.0 mi58$14,652,888$258,750$252,636
68007Bennington, NE 680077.6 mi267$136,955,781$429,500$512,943
68138Omaha, NE 681387.6 mi36$16,474,716$488,084$457,631
68142Omaha, NE 681428.3 mi71$25,680,984$338,425$361,704
68106Omaha, NE 681069.2 mi54$17,494,758$304,250$323,977
68122Omaha, NE 681229.6 mi51$16,231,515$323,650$318,265
68064Valley, NE 6806411.0 mi43$28,890,453$595,000$671,871

Frequently Asked Questions

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

As of March 2026, there are 34 active listings in OMAHA, NE (zip code 68118), compared to 27 the prior year.

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

The median listing price in OMAHA, NE 68118 is $333,625 as of March 2026, a 13.8% decrease from $387,000 the prior year.

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

Homes in OMAHA, NE 68118 spend an average of 33 days on the market before going under contract, compared to 57 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 March 2026, OMAHA, NE 68118 is currently a Balanced Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are selling faster, averaging 33 days on market compared to 57 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 68118 save an estimated $6,673 compared to a typical 5% commission on the median listing price of $333,625. 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.