Market

Omaha's median home price is $310,000. Almost nobody pays it.

The headline number blends Benson bungalows and Elkhorn new builds into one house that doesn't exist. Here's how to find the number that matters for you.

Hope McClurkin
Hope McClurkin, REALTOR® Berkshire Hathaway HomeServices Ambassador Real Estate · Omaha native
Current as of Nov. 3, 2026 Dates, prices, hours, and market numbers in this article are current as of November 3, 2026 and can change. Confirm with the venue, the county, or a lender before you make plans or decisions. This is general information, not financial, legal, or tax advice.
The short answer

Omaha's median sale price was $310,000 in September 2026, and homes averaged 34 days on market. That's the middle of every sale in the metro. In two southwest Omaha ZIP codes, 68135 and 68136, the six-month medians were $415,000 and $421,000. What you'll pay depends on the part of town and the kind of house, not the headline.

What the median actually measures

Line up every home that sold in Omaha in a month, cheapest to most expensive. The median is the one in the middle. Half sold for more and half sold for less.

That's a useful number for tracking the whole market over time. It's much less useful for answering “What will I pay?” because no buyer shops the whole metro at once.

Same city, different math

Here's how far apart the numbers can be:

$310,000
Omaha median, September 2026

Every sale in the market, blended. Average time on market: 34 days.

$415,000
ZIP 68135, last six months

Southwest Omaha. Mostly newer two-stories and ranches with bigger lots.

$421,000
ZIP 68136, last six months

Also southwest Omaha, and a different market from the headline.

Why the headline misleads

The median blends Benson, Dundee, Millard, and Elkhorn into one figure. A 1920s bungalow with a detached garage and a 2019 build with a three-car garage average out to a house nobody is actually selling.

So if your pre-approval matches the median, that doesn't mean you can buy the median house anywhere. It means you can buy it somewhere.

How to find your real number

1
Pick two or three areas

Start with where you want to live, not the price. Commute, schools, and the kind of house you want narrow it fast.

2
Look at what sold, not what's listed

List prices are asking prices. Sold prices from the last six months show what buyers actually paid.

3
Match the house

Same bedrooms, similar age, similar square footage. A ranch and a two-story on the same street can sell $60,000 apart.

4
Then set the budget

Compare those sales to your pre-approval and your comfortable monthly payment. The lower of the two wins.

Questions I get asked

Is $310,000 a lot for Omaha?

It's higher than a few years ago, but still below many metros its size. What matters is how it compares to what you're comfortable paying each month.

Why do ZIP code medians change so much month to month?

Fewer sales. One big house selling in a small ZIP can move its median a lot. Six months of sales is a steadier picture than one month.

Can you pull the numbers for my street?

Yes. I'll send what actually sold near you in the last six months. Sales, not an online estimate.

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Hope McClurkin
Your number

Want the number for your street?

I'll pull what actually sold near you in the last six months. No pressure, just the sales.

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