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Cathedral Downtown Holy Cross Old Market

OMAHA, NE 68131

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

Neighborhoods in ZIP 68131

Cathedral · Downtown · Holy Cross · Old Market

Market Analysis

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

The OMAHA, NE real estate market (68131) currently shows 43 active listings, with 9 pending sales. Homes are averaging 45 days on the market before going under contract.

Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 45 days on market compared to 28 days last year.

The median listing price has risen 9.8% year-over-year, from $242,000 to $265,625.

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

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

Market Overview

Active Listings
43
⇧ 72% vs 25 last year
Pending
9
21% pending ratio
Median Price
$265,625
⇧ 9.8% vs $242,000 last year
Average Price
$310,290
⇩ 6.1% vs $330,306 last year
Days on Market
45
⇧ 60.7% vs 28 days last year

Price Per Square Foot

Median $/sqft
$177
⇩ 16.5% vs $212/sqft last year
Median Home Size
1,495 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 43 this year vs 25 last year
  • Days on market: 45 now vs 28 last year

Median & Average Pricing

Year over Year
  • Median: $265,625 (+9.8% YoY)
  • Average: $310,290 (-6.1% 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 8.2 miles — 547 listings ($175,503,003 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
68131Omaha, NE 681310.0 mi41$12,430,790$233,350$303,190
68102Omaha, NE 681021.7 mi16$7,386,656$426,250$461,666
68111Omaha, NE 681112.2 mi101$18,159,901$179,125$179,801
68106Omaha, NE 681062.6 mi54$17,494,758$304,250$323,977
51510Carter Lake, IA 515103.0 mi17$3,957,379$226,475$232,787
68107Omaha, NE 681073.9 mi45$9,545,220$201,725$212,116
68114Omaha, NE 681144.5 mi42$33,076,008$681,250$787,524
68134Omaha, NE 681345.0 mi58$14,652,888$258,750$252,636
68127Omaha, NE 681276.1 mi23$6,595,986$284,875$286,782
68157Omaha, NE 681576.1 mi9$3,165,966$310,000$351,774
68164Omaha, NE 681647.9 mi54$20,239,200$318,688$374,800
68128La Vista, NE 681288.0 mi36$12,566,736$279,725$349,076
68122Omaha, NE 681228.2 mi51$16,231,515$323,650$318,265

Frequently Asked Questions

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

As of March 2026, there are 43 active listings in OMAHA, NE (zip code 68131), compared to 25 the prior year.

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

The median listing price in OMAHA, NE 68131 is $265,625 as of March 2026, a 9.8% increase from $242,000 the prior year.

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

Homes in OMAHA, NE 68131 spend an average of 45 days on the market before going under contract, compared to 28 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 March 2026, OMAHA, NE 68131 is currently a Buyer's Market. Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 45 days on market compared to 28 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 $5,313 compared to a typical 5% commission on the median listing price of $265,625. 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.