Market Intelligence · NE / Omaha

Omaha, NE 68138 Housing Market

In Omaha, NE 68138, the typical home value is $294,403, up 3.2% over the past year as of 2026-08-01. The median list price stands at $470,725, and homes spend a median of 33 days on market.

Updated August 2026Median value$294K

The median home value in Omaha, NE 68138 is $294K as of August 2026, up 3.2% 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 68138 range

$271K to $318K

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

+3.2% over 12 months

Typical home value in 68138 over the last 12 months: $285K in Aug 2025 to $294K in Aug 2026 (+3.2%).

Aug 2025$285K

Aug 2026$294K

The numbers

What is the 68138 housing market like?

Typical home value

$294K

Up3.2%YoY

Median list price

$471K

Down1.7%MoM

Days on market

33

Down25.0%MoM

Homes for sale

33

Up13.8%MoM

Price cuts

12.7%

Up26.4%MoM

New listings

24

Up50.0%MoM

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

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The comparison

How do 68138 home prices compare?

  • 68138$294,403
  • 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 are 33 homes for sale in 68138, with 24 new listings coming on. The median list price is $470,725, well above the typical home value of $294,403, which suggests the current inventory skews toward higher-priced homes. Homes are moving at a median of 33 days on market, and 12.7% of listings have taken a price cut. Values are still rising, up 3.2% over the past year. For a seller, the market is steady but rewards realistic pricing from the start.

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