Omaha, NE Housing Market

Market data powered by Zillow Research. Last updated: 2026-04-02

Omaha, NE offers balanced conditions for buyers.

  • •Prices are essentially flat (1.8% YoY) — good negotiating leverage for buyers.
  • •Price-to-rent ratio: 17.9 — buying and renting are roughly comparable.

Median Home Value

$299,297

ZHVI

Year-over-Year

+1.8%

Price change

5-Year Change

+32.1%

Since 2021

Median Rent

$1,394/mo

ZORI

Active Listings

2,202

For sale

State Avg

$271,338

Nebraska

Home Value Trends

5-year Zillow Home Value Index for Omaha, NE vs. state and national averages.

Rent Data

Median Rent

$1,394/mo

Rent YoY Change

+3.5%

Rent vs. Buy Calculator

Other Markets in Nebraska

Lincoln, NE$293,543Kearney, NE$293,273Columbus, NE$270,096Grand Island, NE$250,381Norfolk, NE$245,613Fremont, NE$236,535
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Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.