Omaha, NE housing market
The typical Omaha home is worth about $297,000, up 1.9% in a year, 6% above the Nebraska typical home. Homes typically sell in 15 days, close to asking.
Home values, sales, trends and how Omaha compares with the towns next door — updated as new data is published.
Omaha at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Omaha | Nebraska |
|---|---|---|
| 2017 | $163,000 | $157,000 |
| 2018 | $176,000 | $167,000 |
| 2019 | $187,000 | $176,000 |
| 2020 | $199,000 | $187,000 |
| 2021 | $222,000 | $205,000 |
| 2022 | $245,000 | $227,000 |
| 2023 | $270,000 | $248,000 |
| 2024 | $284,000 | $259,000 |
| 2025 | $292,000 | $270,000 |
| 2026 | $295,000 | $278,000 |
| August 2026 | $297,000 | $281,000 |
3,776 new homes permitted in 2025
Builders were permitted 3,776 new homes in Omaha in 2025: 1,557 single-family houses and 2,219 in buildings with two or more homes, worth about $441.2 million to build. That's 7.7 per 1,000 residents, faster than across Nebraska (5.7). Over the past 10 years, Omaha has permitted 31,996 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Omaha gained 77,093 residents while 23,809 new homes were permitted: about 3.2 new residents per new home. Building and growth moved roughly in step. Across Nebraska: 1.8 new residents per new home.
How Omaha ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 2,330 | 1,126 | 1,204 | $228.9 million |
| 2025 | 3,776 | 1,557 | 2,219 | $441.2 million |
| 2024 | 4,360 | 1,692 | 2,668 | $555.7 million |
| 2023 | 3,050 | 1,294 | 1,756 | $283.6 million |
| 2022 | 3,769 | 1,217 | 2,552 | $361.9 million |
| 2021 | 3,167 | 1,620 | 1,547 | $329.7 million |
| 2020 | 3,049 | 1,686 | 1,363 | $349.4 million |
| 2019 | 2,144 | 1,179 | 965 | $234.5 million |
| 2018 | 2,887 | 1,237 | 1,650 | $281.4 million |
| 2017 | 3,230 | 1,533 | 1,697 | $367.3 million |
| 2016 | 2,564 | 1,427 | 1,137 | $267.9 million |
| 2015 | 2,633 | 1,498 | 1,135 | $307.6 million |
| 2014 | 2,453 | 1,306 | 1,147 | $280.5 million |
| 2013 | 2,570 | 1,567 | 1,003 | $302.1 million |
| 2012 | 1,915 | 1,305 | 610 | $228.3 million |
| 2011 | 1,834 | 1,160 | 674 | $202.2 million |
| 2010 | 1,579 | 1,191 | 388 | $186.4 million |
| 2009 | 1,868 | 1,542 | 326 | $185.7 million |
| 2008 | 2,657 | 1,576 | 1,081 | $232 million |
| 2007 | 2,627 | 1,905 | 722 | $248.8 million |
| 2006 | 2,902 | 1,879 | 1,023 | $265.6 million |
| 2005 | 3,462 | 2,870 | 592 | $352.4 million |
| 2004 | 2,974 | 2,646 | 328 | $336.1 million |
| 2003 | 2,915 | 2,581 | 334 | $321.9 million |
| 2002 | 3,111 | 2,282 | 829 | $311.2 million |
| 2001 | 2,690 | 2,175 | 515 | $234.1 million |
| 2000 | 2,805 | 2,008 | 797 | $221.6 million |
How Omaha ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Omaha and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Omaha | $297K | +1.9% | $1,450 | 3,776 | $73,201 |
| Council Bluffs | $230K | +2.5% | $1,190 | 212 | $64,578 |
| Ralston | $266K | +3.5% | $1,360 | 0 | $69,403 |
| Carter Lake | $214K | +4.9% | $1,340 | 60 | $85,349 |
| Bellevue | $300K | +3% | $1,400 | 146 | $85,462 |
4.1 years of income
The typical Omaha home costs about 4.1 years of the town's median household income, more than across Nebraska (3.7 years).
How Omaha ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,450
HUD's Fair Market Rent for a two-bedroom in Omaha is $1,450 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Omaha pay a median of $1,187, so moving in tends to cost more than staying put. A two-bedroom takes about 24% of the town's median household income.
Studio $1,160 · 4 bedrooms $2,170
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (68022, 68104, 68105, 68106, 68107, 68108 and 18 more; Omaha-Council Bluffs, NE-IA HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.