A typical Omaha home is worth about $194,000
Down 3.5% in a year, 35% below the Texas typical home.
What kind of housing town is Omaha?
Read from the numbers below. The page puts what stands out first.
A typical home costs 3.5 years of income
Less than across Texas (3.8 years). Try your own numbers below.
That covers a typical Omaha home, with $10K to spare.
A two-bedroom rents for about $970 a month here, $270 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Omaha’s typical property tax (1.42% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Down 2.2% in five years
Slower than Texas (11.1%).
Show as a table
| January | Omaha | Texas |
|---|---|---|
| 2017 | $131,000 | $190,000 |
| 2018 | $141,000 | $202,000 |
| 2019 | $148,000 | $214,000 |
| 2020 | $156,000 | $223,000 |
| 2021 | $178,000 | $242,000 |
| 2022 | $221,000 | $286,000 |
| 2023 | $209,000 | $313,000 |
| 2024 | $204,000 | $311,000 |
| 2025 | $208,000 | $311,000 |
| 2026 | $196,000 | $303,000 |
| August 2026 | $194,000 | $299,000 |
A typical Omaha home worth $127K in September 2016 is worth about $194K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
A two-bedroom rents for about $970
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Morris County, TX): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
2 new homes permitted in 2025
Builders were permitted 2 new homes in Omaha in 2025, all single-family houses. That's 1.5 per 1,000 residents, slower than across Texas (8.1). Over the past 10 years, Omaha has permitted 9 homes in all.
Between the 2010 and 2020 censuses, Omaha's population fell by 85 even though 3 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Texas: 2.6 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 2 | 2 | 0 | $592,000 |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 3 | 3 | 0 | $585,000 |
| 2022 | 1 | 1 | 0 | $218,000 |
| 2021 | 1 | 1 | 0 | $218,000 |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 1 | 1 | 0 | $120,000 |
| 2016 | 1 | 1 | 0 | $250,000 |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 1 | 1 | 0 | $160,000 |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 6 | 6 | 0 | $954,000 |
| 2005 | 4 | 4 | 0 | $330,000 |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 2 | 2 | 0 | $235,000 |
| 2000 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
72% of Omaha households own their home
Half of Omaha’s homes were built before 1974.
Texas: 63% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Neighbors talk housing
What Omaha buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. 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. The calculator is an estimate, not a loan offer.