Home ValuePros

Market Intelligence · NE / Omaha

Omaha, NE 68118 Housing Market

The typical home in Omaha's 68118 ZIP code is worth $431,037, up 1.7% over the past year. The median list price sits at $418,000, and homes are taking a median of 36 days on market.

Updated June 2026Median value$431K

The median home value in Omaha, NE 68118 is $431K as of June 2026, up 1.7% 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

$397K to $466K

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

+1.7% over 12 months

Typical home value in 68118 over the last 12 months: $424K in Jun 2025 to $431K in Jun 2026 (+1.7%).

Jun 2025$424K

Jun 2026$431K

The numbers

What is the 68118 housing market like?

Typical home value

$431K

Up1.7%YoY

Median list price

$418K

Days on market

36

Up242.9%MoM

Homes for sale

16

Price cuts

3.3%

New listings

20

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 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$431,037
  • 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 16 homes for sale in 68118, with 20 new listings recently added. The median list price is $418,000, and the median time on market is 36 days. The typical home value of $431,037 reflects a 1.7% gain over the past year. Only 3.3% of listings have had a price cut, which points to fairly steady conditions. For a seller, the data suggests a market that is holding its footing rather than surging, so realistic pricing still matters.

Monthly payment

Estimate your monthly payment.

20% · $86,207

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.