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OMAHA, NE 68131

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

Market Overview

Active Listings
40
⇧ 29% vs 31 last year
Pending
7
18% pending ratio
Median Price
$228,500
⇩ 7.7% vs $247,475 last year
Average Price
$284,075
⇩ 5.2% vs $299,789 last year
Days on Market
53
⇧ 26.2% vs 42 days last year

Market Context

Population: 12,891  ·  Density: 2,406.8/mi²  ·  Median household income: $46,172

Typical home value: $183,134  ·  Homeownership: 26.6%

Market Analysis

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

The OMAHA, NE real estate market (68131) currently shows 40 active listings, with 7 pending sales. Homes are averaging 53 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 53 days on market compared to 42 days last year.

The median listing price has fallen 7.7% year-over-year, from $247,475 to $228,500.

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: 40 this year vs 31 last year
  • Days on market: 53 now vs 42 last year

Median & Average Pricing

Year over Year
  • Median: $228,500 (-7.7% YoY)
  • Average: $284,075 (-5.2% 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 8.2 miles — 520 listings ($165,854,989 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
68131Omaha, NE 681310.0 mi40$11,363,000$228,500$284,075
68102Omaha, NE 681021.7 mi18$9,904,500$427,500$550,250
68111Omaha, NE 681112.2 mi104$18,867,264$180,000$181,416
68106Omaha, NE 681062.6 mi57$17,003,328$280,000$298,304
51510Carter Lake, IA 515103.0 mi10$2,399,830$237,500$239,983
68107Omaha, NE 681073.9 mi40$8,824,840$210,000$220,621
68114Omaha, NE 681144.5 mi37$30,159,625$750,000$815,125
68134Omaha, NE 681345.0 mi52$13,658,736$257,500$262,668
68127Omaha, NE 681276.1 mi25$7,220,725$287,250$288,829
68157Omaha, NE 681576.1 mi9$3,150,000$310,000$350,000
68164Omaha, NE 681647.9 mi49$18,649,498$324,950$380,602
68128La Vista, NE 681288.0 mi32$9,938,272$281,500$310,571
68122Omaha, NE 681228.2 mi47$14,715,371$319,900$313,093

Frequently Asked Questions

How many homes are for sale in OMAHA, NE 68131?

As of January 2026, there are 40 active listings in OMAHA, NE (zip code 68131), compared to 31 the prior year.

What is the median home price in OMAHA, NE 68131?

The median listing price in OMAHA, NE 68131 is $228,500 as of January 2026, a 7.7% decrease from $247,475 the prior year.

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

Homes in OMAHA, NE 68131 spend an average of 53 days on the market before going under contract, compared to 42 days the prior year.

Is it a seller's or buyer's market in OMAHA, NE 68131?

Based on current inventory and days-on-market data as of January 2026, OMAHA, NE 68131 is currently a Buyer's Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 53 days on market compared to 42 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 68131 save an estimated $4,570 compared to a typical 5% commission on the median listing price of $228,500. 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.