Is Omaha, NE 68116 a buyer’s or seller’s market?

The Omaha housing market right now

In the three months ending August 31, 2026, 28% of homes in Omaha, NE 68116 sold above their list price, the typical home went under contract in 12 days and there was 1 month of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 143 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 25%, homes sold faster (19 days then) and the median sale price rose 1% to $382,834. Overall, Omaha is more competitive than a year ago, so tougher for buyers.

Within Douglas County, homes here sell faster than in 77% of the county’s ZIP codes, and sell less often over asking than in 70%. On our competition score, Omaha ranks #21 of 84 NE ZIP codes with enough sales (score 77 out of 100).

Nearby, buyers who want less competition could look at Omaha 68102 (0% sold over asking) or Valley 68064 (6% sold over asking), while Omaha 68144 (39% sold over asking) and Omaha 68117 (38% sold over asking) are even more competitive.