The housing market in 68131 Omaha, NE is flourishing right now, with the median value of homes at $196,100. This is significantly lower than the US House Median Value of $338,100 and demonstrates why many people are choosing to invest in this area right now. The house 1 year appreciation rate in this area is 9.74%, higher than the US average of 8.27%. This again shows that investing in the Omaha real estate market could be very rewarding for those looking for a great return on investment.
The median home cost in Omaha (zip 68131) is $196,100. Home appreciation the last 10 years has been 89.5%. Home Appreciation in Omaha (zip 68131) is up 13.7%.
Average Age of Homes
- The median age of Omaha (zip 68131) real estate is 78 years old
The Rental Market in Omaha (zip 68131)
- Renters make up 62.7% of the Omaha (zip 68131) population
- 8.0% of houses and apartments in Omaha (zip 68131), 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.