Market Intelligence · NE / Omaha

Omaha, NE 68116 Housing Market

The typical home in Omaha's 68116 ZIP code is worth $383,320, up 1.3% over the past year. The median list price is $404,000, and homes are taking a median of 30 days on market.

Updated June 2026Median value$383K

The median home value in Omaha, NE 68116 is $383K as of June 2026, up 1.3% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 68116 range

$353K to $414K

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

+1.3% over 12 months

Typical home value in 68116 over the last 12 months: $378K in Jun 2025 to $383K in Jun 2026 (+1.3%).

Jun 2025$378K

Jun 2026$383K

The numbers

What is the 68116 housing market like?

Typical home value

$383K

Up1.3%YoY

Median list price

$404K

Days on market

30

Up20.0%MoM

Homes for sale

36

Price cuts

8.7%

New listings

50

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 68116 home prices compare?

  • 68116$383,320
  • Omaha$294,068
  • Nebraska$239,897
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Omaha: 30 ZIPs; Nebraska: 453 ZIPs; United States: 26,270 ZIPs).

Context

As of June 2026, there are 36 homes for sale in 68116, with 50 new listings coming onto the market. The median list price sits at $404,000, while the typical home value is $383,320, up 1.3% over the past year. Homes here take a median of 30 days to sell. About 8.7% of listings have had a price cut. For sellers, the numbers point to a steady market where reasonable pricing still matters.

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