Call or Text (240) SELL-123

OMAHA, NE 68138

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The OMAHA, NE real estate market (68138) currently shows 36 active listings, with 21 pending sales. Homes are averaging 43 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are selling faster, averaging 43 days on market compared to 48 days last year.

The median listing price has fallen 17.3% year-over-year, from $590,524 to $488,084.

Whether you are buying or selling in OMAHA, NE, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for OMAHA, NE 68138 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 11,414  ·  Density: 396.6/mi²  ·  Median household income: $84,406

Typical home value: $202,547  ·  Homeownership: 74.9%

Market Overview

Active Listings
36
⇧ 28.6% vs 28 last year
Pending
21
58% pending ratio
Median Price
$488,084
⇩ 17.3% vs $590,524 last year
Average Price
$457,631
⇩ 15.3% vs $540,269 last year
Days on Market
43
⇩ 10.4% vs 48 days last year

Price Per Square Foot

Median $/sqft
$204
⇩ 1% vs $206/sqft last year
Median Home Size
2,441 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 36 this year vs 28 last year
  • Days on market: 43 now vs 48 last year

Median & Average Pricing

Year over Year
  • Median: $488,084 (-17.3% YoY)
  • Average: $457,631 (-15.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.3 miles — 609 listings ($295,592,536 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
68138Omaha, NE 681380.0 mi36$14,742,432$320,000$409,512
68137Omaha, NE 681373.6 mi50$14,615,000$288,000$292,300
68135Omaha, NE 681354.5 mi108$56,205,360$502,746$520,420
68144Omaha, NE 681445.5 mi39$15,193,542$315,000$389,578
68130Omaha, NE 681306.1 mi51$32,930,496$575,000$645,696
68124Omaha, NE 681247.1 mi27$14,310,405$472,500$530,015
68154Omaha, NE 681547.5 mi59$43,226,173$389,000$732,647
68118Omaha, NE 681187.6 mi25$13,388,075$345,000$535,523
68117Omaha, NE 681177.9 mi17$4,430,200$219,000$260,600
68106Omaha, NE 681069.1 mi57$17,003,328$280,000$298,304
68147Bellevue, NE 681479.6 mi55$21,313,875$384,900$387,525
68164Omaha, NE 681649.9 mi49$18,649,498$324,950$380,602
68132Omaha, NE 6813210.3 mi36$29,584,152$400,000$821,782

Frequently Asked Questions

How many homes are for sale in OMAHA, NE 68138?

As of February 2026, there are 36 active listings in OMAHA, NE (zip code 68138), compared to 28 the prior year.

What is the median home price in OMAHA, NE 68138?

The median listing price in OMAHA, NE 68138 is $488,084 as of February 2026, a 17.3% decrease from $590,524 the prior year.

How long do homes stay on the market in OMAHA, NE?

Homes in OMAHA, NE 68138 spend an average of 43 days on the market before going under contract, compared to 48 days the prior year.

Is it a seller's or buyer's market in OMAHA, NE 68138?

Based on current inventory and days-on-market data as of February 2026, OMAHA, NE 68138 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are selling faster, averaging 43 days on market compared to 48 days last year.

How much can I save on real estate commission in OMAHA, NE?

With SELL123.com's maximum 3% commission, sellers in OMAHA, NE 68138 save an estimated $9,762 compared to a typical 5% commission on the median listing price of $488,084. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.