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OMAHA, NE 68138

Real Estate Market Report  ·  Sarpy County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The OMAHA, NE real estate market (68138) currently shows 34 active listings, with 20 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 60 days on market compared to 66 days last year.

The median listing price has risen 1.1% year-over-year, from $564,900 to $571,284.

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: 11,414  ·  Density: 396.6/mi²  ·  Median household income: $84,406

Typical home value: $202,547  ·  Homeownership: 74.9%

Market Overview

Active Listings
34
⇩ 19% vs 42 last year
Pending
20
59% pending ratio
Median Price
$571,284
⇧ 1.1% vs $564,900 last year
Average Price
$501,590
⇩ 2.8% vs $516,231 last year
Days on Market
60
⇩ 9.1% vs 66 days last year

Price Per Square Foot

Median $/sqft
$206
⇧ 3.5% vs $199/sqft last year
Median Home Size
2,758 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 34 this year vs 42 last year
  • Days on market: 60 now vs 66 last year

Median & Average Pricing

Year over Year
  • Median: $571,284 (+1.1% YoY)
  • Average: $501,590 (-2.8% 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 10.3 miles — 648 listings ($326,275,506 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
68138Omaha, NE 681380.0 mi36$16,474,716$488,084$457,631
68137Omaha, NE 681373.6 mi53$16,408,694$287,500$309,598
68135Omaha, NE 681354.5 mi123$64,410,057$507,450$523,659
68144Omaha, NE 681445.5 mi47$18,929,015$332,475$402,745
68130Omaha, NE 681306.1 mi53$33,783,896$563,750$637,432
68124Omaha, NE 681247.1 mi29$21,487,608$545,750$740,952
68154Omaha, NE 681547.5 mi56$42,373,128$408,225$756,663
68118Omaha, NE 681187.6 mi28$13,783,420$363,675$492,265
68117Omaha, NE 681177.9 mi18$4,127,562$221,825$229,309
68106Omaha, NE 681069.1 mi54$17,494,758$304,250$323,977
68147Bellevue, NE 681479.6 mi53$23,017,476$406,757$434,292
68164Omaha, NE 681649.9 mi54$20,239,200$318,688$374,800
68132Omaha, NE 6813210.3 mi44$33,745,976$418,625$766,954

Frequently Asked Questions

How many homes are for sale in OMAHA, NE 68138?

As of March 2026, there are 34 active listings in OMAHA, NE (zip code 68138), compared to 42 the prior year.

What is the median home price in OMAHA, NE 68138?

The median listing price in OMAHA, NE 68138 is $571,284 as of March 2026, a 1.1% increase from $564,900 the prior year.

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

Homes in OMAHA, NE 68138 spend an average of 60 days on the market before going under contract, compared to 66 days the prior year.

Is it a seller's or buyer's market in OMAHA, NE 68138?

Based on current inventory and days-on-market data as of March 2026, OMAHA, NE 68138 is currently a Seller's Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 60 days on market compared to 66 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 68138 save an estimated $11,426 compared to a typical 5% commission on the median listing price of $571,284. 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.