Zip 68116 (Omaha, NE) Housing

The housing market in Omaha, NE, 68116 is doing quite well. The median value of a house in the area is $354,900 which is higher than the national median value of $338,100. Additionally, the one-year appreciation rate in the Omaha area is 9.74%, while the one-year appreciation rate for houses nationwide is 8.27%. This suggests that people are investing heavily into the Omaha area and that housing values are likely to continue to increase over time.

The median home cost in Omaha (zip 68116) is $354,900. Home appreciation the last 10 years has been 89.5%. Home Appreciation in Omaha (zip 68116) is up 13.7%.

Average Age of Homes

- The median age of Omaha (zip 68116) real estate is 14 years old

The Rental Market in Omaha (zip 68116)

- Renters make up 18.9% of the Omaha (zip 68116) population
- 1.9% of houses and apartments in Omaha (zip 68116), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Omaha, Nebraska	United States
	12,756.0	139,647,020.0
	17	42
	$354,900	$338,100
	13.7%	16.6%
	55.3%	57.0%
	89.5%	101.1%
	$20.58	$10.98
	$5,143	$2,690
	76.8%	57.4%
	3.2%	11.2%
	20.1%	31.4%
Vacant Housing
	1.9%	1.9%
	0.5%	0.4%
	0.2%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	0.6%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	0.8%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.1%	4.5%
	4.2%	11.3%
	21.0%	13.0%
	41.5%	20.1%
	18.2%	13.6%
	10.5%	8.3%
	3.3%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	46.6%	13.6%
	46.6%	13.6%
	25.7%	13.6%
	2.7%	13.2%
	1.8%	14.8%
	25.7%	13.6%
	0.4%	10.0%
	0.0%	4.7%
	0.7%	12.2%

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