Sep 2026
$336K
+3.9% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Omaha, NE housing market
Omaha, NE metro median sale price $336K in Sep 2026, up 3.9% year over year. Also days on market, price cuts, affordability and ZIP-code figures.
The median sale price in the Omaha, NE metro is $336K as of Sep 2026, up 3.9% from a year earlier. The gain is larger than in most of the 193 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro agrees within 0.2 points (up 4.2% through Q2 2026).
Omaha has the highest median sale price of the two Nebraska metros Pecan Street tracks ($336K), ahead of Lincoln ($323K). Omaha has the fewest median days on market of the two Nebraska metros (37 days); Lincoln (38 days) is next. Omaha has the highest share of listings with a price cut of the two Nebraska metros (32%), ahead of Lincoln (25%).
Listings spent a median 37 days on market in Sep 2026, the 11th-fewest of the 195 metros. 32% of active listings carry a price cut, 1.9 points more than a year earlier. That share is lower than in most of the 195 metros. Building permits authorized 433 new housing units in Aug 2026.
At the 7.38% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $1,857 a month; at 28% of gross income, that takes about $80K a year. The median sale price equals about 15 years of HUD Fair Market Rent, a ratio down 2.1% from a year earlier. That ratio is lower than in most of the 193 metros. Active listings ask a median $180 per square foot, up 0.6% from a year earlier.
In seven of the 12 ZIP codes in the table below, median list prices are higher than a year earlier; five are lower.
Headline
Oct 14, 2026
7.38%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$1,857/mo
$80K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Omaha compares to other U.S. metros
| Days on market | ↓185th of 195 |
|---|---|
| Price cuts | ↓146th of 195 |
| Price-to-rent | ↓132nd of 193 |
| Home-price growth | ↑66th of 193 (top 35%) |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 15 -2.1% YoY ↓132nd of 193 |
|---|---|
| Asking price / sq ft | $180 +0.6% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 32% +1.9 pts YoY ↓146th of 195 |
|---|---|
| New housing units permitted | 433 |
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. New housing units authorized by residential building permits in the metro that month — new supply in the pipeline, which counts of existing listings don't capture (US Census Bureau, Building Permits Survey), as of Aug 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 12 shown of 110 |
|---|---|
| MLS board of record | Great Plains REALTORS MLS |
| Price methodology | Redfin vs FHFA HPI |
| Data as of | Sep 2026 |
Recent signals
No signals flagged for this market right now.
Price reconciliation
normal · 0.2ppRedfin (metro) +3.9% | FHFA HPI · Q2 2026 +4.2% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
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Start free trialZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 51501 | $188K↓ | 57↑ | 34 | 22↑ | 38↑ | $188K↑ |
| 51503 | $316K↓ | 91↑ | 64↓ | 50↑ | 32↑ | $311K↑ |
| 68007 | $469K↑ | 156↓ | 44↓ | 50↓ | 62↑ | $413K↑ |
| 68022 | $640K↑ | 267↓ | 68↓ | 58↓ | 44↑ | $519K↑ |
| 68028 | $572K↑ | 115↓ | 38↓ | 14↓ | 65↑ | $440K↑ |
| 68046 | $516K↑ | 185↓ | 54↑ | 36↓ | 49↓ | $415K↑ |
| 68048 | $395K↑ | 56↑ | 24 | 16↑ | 33↑ | $311K↑ |
| 68104 | $211K↑ | 100↑ | 64↓ | 44↑ | 27↓ | $203K↑ |
| 68111 | $170K↓ | 79↓ | 34↓ | 24↓ | 30↑ | $138K↑ |
| 68116 | $392K↓ | 60↓ | 46↓ | 14↓ | 26↓ | $382K↑ |
| 68135 | $476K↓ | 79↓ | 32↓ | 24↑ | 40↓ | $392K↑ |
| 68136 | $436K↑ | 87↓ | 32↓ | 26↓ | 39↓ | $413K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.