Market Intelligence · NE / Omaha

Omaha, NE 68111 Housing Market

The typical home value in Omaha's 68111 ZIP code is $132,544, up 1.8% over the past year. Homes are selling in 30 days on the market, with a median list price of $169,970.

Updated September 2026Median value$133K

The median home value in Omaha, NE 68111 is $133K as of September 2026, up 1.8% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 68111 range

$122K to $143K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.8% over 12 months

Sep 2025$130K

Low $130KHigh $134K

Sep 2026$133K

The numbers

What is the 68111 housing market like?

As of September 2026

Typical home value

$133K

1.8%YoY

Median list price

$170K

3.0%MoM

Days on market

25.0%MoM

Homes for sale

17.9%MoM

Price cuts

18.6%

101.7%MoM

New listings

6.3%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

68111 housing market forecast 2027

+2.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 68111 to rise 2.7% by September 2027.

Over the 12 months through September 2026, typical home values in 68111 rose 1.8%, per the Zillow Home Value Index.

Will home prices drop in 68111?

Zillow's forecast does not call for a drop: it expects typical home values in 68111 to rise 2.7% by September 2027, after a 1.8% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 68111 home prices compare?

68111$132,544
Omaha$288,128
Nebraska$232,489
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Omaha: 30 ZIPs; Nebraska: 450 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 79 homes for sale in 68111, with 34 new listings entering the market. The median list price sits at $169,970, while homes are spending 30 days on the market before sale. About 18.6% of listings have seen a price cut, suggesting some sellers are adjusting expectations. Despite modest appreciation of 1.8% year over year, the gap between list price and typical home value indicates sellers should be realistic about pricing to move inventory.

Monthly payment

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Home price

Down payment20% · $26,509

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Common questions

What people ask us.

What is a typical home value in 68111?

The typical home value is $132,544, representing 1.8% growth over the past year.

How long do homes take to sell in 68111?

Homes in this ZIP code spend a median of 30 days on the market.

How many homes are currently for sale in 68111?

There are 79 homes for sale as of September 2026, with 34 new listings added recently.

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