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Updated July 2026Zillowmonthly

68116 Real Estate Market Update: Omaha, NE, July 2026

Analysis by INEYA Studio. Data updated July 2026 from Zillow Research.

The latest housing-market numbers for ZIP code 68116 in Omaha, Nebraska, for July 2026: a $362K median sale price, straight from Zillow Research. ZIP-level figures are monthly figures, smoothed over three months by Zillow.

$362K
Median sale price, July 2026
$369K
A year earlier, in 2025
18
Days to pending
100.0%
Sale-to-list
ZIP 68116, Omaha, NE, July 2026. Source: Zillow.
MetricValueMoMYoY
Median sale price$362K▲ +0.8%▼ -1.9%
Days to pending18▲ +20.0%n/a
Homes for sale85▲ +7.6%▼ -22.0%
Sale-to-list100.0%▲ +0.1%▲ +0.5%
New listings48▲ +4.3%▼ -14.3%

Figures from Zillow Research (monthly figures, smoothed over three months by Zillow). Verify against your MLS before posting. Not a valuation for a specific home.

What the 68116 numbers say

The 68116 ZIP in Omaha is cooling. The median sale price sits at $361,744, 1.9% below last year. Homes here move fast: a typical listing goes under contract in about 18 days, and sellers are getting 100.0% of list price.

With 85 homes for sale and 48 new listings this month, 68116 is currently an active market.

What this means if you sell in 68116

Use these figures to set expectations early with each client. Lead a listing appointment with the $362K median price and the 18-day pace, show the year-over-year direction, and frame 68116 as an active market. A buyer or seller client trusts an agent who knows their exact ZIP, not just the metro average.

How we track the 68116 market

We built LOKAL to pull 68116's numbers straight from Zillow Research, so an agent and a client read from the same source. For July 2026 we recorded a $362K median sale price, -1.9% year over year, a 100.0% sale-to-list ratio and a +0.8% month-over-month move with 85 homes for sale. That compares with roughly $369K a year earlier, in 2025. We refresh every ZIP monthly from Zillow Research, which only publishes a smoothed median once a ZIP has enough transactions, so the median stays reliable instead of noisy. Both sources have published ZIP-level series for years, which is what lets us show month-over-month and year-over-year change here in 2026. LOKAL is independent and not affiliated with Zillow; always verify against your MLS before you publish.

ZIP-code areas follow U.S. Postal Service boundaries; for complementary demographics on 68116 (population, median household income, owner-occupancy), see the U.S. Census Bureau profile for this ZIP Code Tabulation Area. LOKAL covers price and pace; the Census covers who lives there.

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Frequently asked: the 68116 housing market

What is the median home price in ZIP 68116 (Omaha, NE)?
As of July 2026, the median sale price in ZIP 68116 is $361,744 (-1.9% year over year), per Zillow Research. Figures are monthly figures, smoothed over three months by Zillow for this ZIP code.
Is ZIP 68116 a buyer's or seller's market right now?
ZIP 68116 is currently an active market, based on a 100.0% sale-to-list ratio, about 18 days on market for July 2026.
How long do homes take to sell in ZIP 68116?
A typical listing in 68116 goes under contract in about 18 days as of July 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 68116 market data come from?
All figures for 68116 come from Zillow Research: monthly figures, smoothed over three months by Zillow. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Zillow.

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Data credited to its source on every update. LOKAL is independent.

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Data from Zillow Research (ZIP-level market data, monthly figures, smoothed over three months by Zillow), not a valuation for a specific home.