Home ValuePros

Market Intelligence · NE / Omaha

Omaha, NE 68118 Housing Market

The typical home value in Omaha's 68118 ZIP code is $430,169, up 1.9% over the past year. Sellers are listing at a median price of $432,500, and homes are spending a median of 37 days on the market.

Updated August 2026Median value$425K

The median home value in Omaha, NE 68118 is $425K as of August 2026, up 2.5% 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.

Get a cash offer

Sell without the wait

Sell your Omaha home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 68118 range

$391K to $459K

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.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 68118 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Omaha, NE.

12-month value trend

+2.5% over 12 months

Typical home value in 68118 over the last 12 months: $414K in Aug 2025 to $425K in Aug 2026 (+2.5%).

Aug 2025$414K

Aug 2026$425K

The numbers

What is the 68118 housing market like?

Typical home value

$425K

Up2.5%YoY

Median list price

$433K

Up0.3%MoM

Days on market

37

Up5.7%MoM

Homes for sale

19

Up26.7%MoM

Price cuts

23.5%

Up452.3%MoM

New listings

16

Up60.0%MoM

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

Free home value report

See what your 68118 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 68118 home prices compare?

  • 68118$424,573
  • Omaha$289,975
  • Nebraska$237,408
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Omaha: 30 ZIPs; Nebraska: 453 ZIPs; United States: 26,265 ZIPs).

Context

As of 2026-08-01, there were 19 homes for sale in 68118, with 16 new listings coming on the market. The median list price sits at $432,500, close to the typical home value of $430,169. That value is up 1.9% over the past year, a modest pace of appreciation. About 23.5% of listings have taken a price cut, and homes are moving in a median of 37 days. For a seller, the takeaway is that demand is steady but buyers have some room to negotiate, so realistic pricing matters.

Monthly payment

Estimate your monthly payment.

20% · $84,915

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.