The story of this market
The typical home in ZIP 68102 sells for about $1,209,330, or $250 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $1,260 a month.
ZIP 68102 — Omaha
The 68102 housing market is characterized by high demand for urban living, driven by ongoing downtown revitalization and corporate investment. While the median sale price for the ZIP is significantly lower than the researched base-layer property, the market remains competitive with low inventory and steady price appreciation. The area is primarily a rental-heavy market, reflecting its role as a hub for young professionals and urban workers.
This ZIP is ideal for young professionals, urban-dwelling commuters, and investors seeking proximity to the city's cultural and employment center. It is less suited for families seeking traditional suburban housing or large yards.
Median prices moved up 2.1% year over year.
Homes spend a median of 35 days on market with 4.2 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.9% · poverty 28.8% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 68102, Douglas County NE
The downtown area experiences higher rates of property crime compared to suburban Omaha, consistent with dense urban cores. Local law enforcement maintains a high-visibility presence to mitigate risks in the entertainment and business districts.
Public schools serving the area are part of Omaha Public Schools, which faces challenges with student performance metrics compared to suburban districts. Several magnet and specialized programs are available to residents within the downtown core.
The area is primarily urban with low wildfire risk, though portions near the Missouri River are subject to flood-plain management regulations. Standard property insurance policies are readily available, though premiums reflect urban density and historical weather patterns.
Downtown Omaha is experiencing significant revitalization with ongoing mixed-use developments and corporate office investments. Major infrastructure projects, including riverfront improvements, continue to drive economic momentum in the urban core.
Property taxes are assessed by Douglas County based on market value, with rates influenced by municipal, school, and county levies. The area is subject to standard Nebraska property tax structures with no specific local income-linked exemptions for residential owners.
Residents benefit from high walkability and proximity to major employment hubs in downtown Omaha. Public transit options are more robust here than in the rest of the metro, with short commute times to major corporate offices.
The area features extensive access to the Gene Leahy Mall, Heartland of America Park, and the Missouri River waterfront. Residents are within walking distance of major museums, the Old Market shopping district, and various entertainment venues.
The rental market is deep, characterized by a high concentration of multi-family units and professional-class apartments. Vacancy pressure is moderate, with steady demand from young professionals and urban-core workers.
The economy is anchored by finance, insurance, and professional services, with a strong presence of corporate headquarters in the downtown core. The area benefits from a diverse mix of hospitality and tourism-related industries.
The area is served by a grid-based street network and is the primary hub for Omaha's public transit system. It offers the highest level of transit accessibility in the region.
Development is focused on infill projects and the adaptive reuse of historic commercial structures. City planning emphasizes increasing residential density within the downtown core.
The Douglas County Assessor maintains a market-value assessment system, with annual reviews of property values based on sales data. The county utilizes a mass appraisal process for residential properties.
Parcels are subject to Omaha Public Schools, Douglas County, and City of Omaha tax levies. Certain areas may fall within Business Improvement Districts (BIDs) that fund downtown maintenance.
Property insurance markets are stable, though premiums are influenced by urban fire risk and regional severe weather patterns. Coverage remains widely available for residential properties.
Data retrieved from Census Reporter and data.census.gov profiles for ZCTA 68102.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Vala's Pumpkin Patch & Apple Orchard4.316.8 mi
- The Amazing Pizza Machine4.211.3 mi
- Spare Time Omaha4.313.2 mi
- Dave & Buster's Omaha4.110.1 mi
- Prehistoric Putt Omaha4.79 mi
- CHI Health Center4.40.3 mi
- Vala's Pumpkin Patch & Apple Orchard4.316.8 mi
- Charles Schwab Field Omaha4.70.1 mi
- Topgolf4.57.4 mi
- Orpheum Theater4.70.7 mi
- Omaha's Henry Doorly Zoo and Aquarium4.82.8 mi
- Bob Kerrey Pedestrian Bridge4.80.6 mi
- Lauritzen Gardens4.82.4 mi
- Joslyn Art Museum4.70.7 mi
- Village Pointe4.512.9 mi
- Joslyn Art Museum4.70.7 mi
- Kiewit Luminarium4.70.5 mi
- Omaha Children's Museum4.70.9 mi
- Joslyn Castle & Gardens4.62 mi
- The Durham Museum4.81 mi
- Omaha's Henry Doorly Zoo and Aquarium4.82.8 mi
- Bob Kerrey Pedestrian Bridge4.80.6 mi
- Lauritzen Gardens4.82.4 mi
- Gene Leahy Mall at The RiverFront4.70.6 mi
- Fontenelle Forest4.86 mi
- Topgolf4.57.4 mi
- Miracle Hill3.88.7 mi
- Stone Creek Golf Course4.112.5 mi
- The Players Club4.69.7 mi
- Eagle Hills Golf Course4.48 mi
- Westroads Mall4.37 mi
- Village Pointe4.512.9 mi
- Oak View Mall410.8 mi
- Eppley Airfield4.23.2 mi
- Bergan Mercy Hospital4.45.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Historic district featuring cobblestone streets, galleries, and restaurants.
Recently renovated urban park serving as a central community gathering space.
Located in the historic Union Station, focusing on regional history.
Deterministic aggregate of 1 researched property in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
No county-record distress flags across 1 researched property on the ARED base layer. Key-figure check: median price corroborated by the researched-property base layer (within 12.5%).