The story of this market
The typical home in ZIP 68106 sells for about $265,000, or $175 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 28 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,277 a month.
ZIP 68106 — Omaha
The 68106 housing market remains stable with steady demand driven by its central location and proximity to major employment hubs. While inventory remains tight, price growth has moderated compared to previous years, reflecting a balanced market environment. Renters face significant pressure due to high demand, particularly near the university.
This ZIP is ideal for young professionals, university students, and faculty who value proximity to employment and urban amenities. It also attracts first-time homebuyers looking for historic character in a central location.
Median prices moved up 3.2% year over year.
Homes spend a median of 28 days on market with 2.8 months of supply — a fast-moving market.
15% 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 3.5% · poverty 11.7% — a stable, low-distress 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 6.1%/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 6.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 68106, Douglas County NE
Crime rates in the 68106 area are generally consistent with urban Omaha averages, with property crime being the primary concern. Regional comparisons indicate moderate safety levels typical of established midtown neighborhoods.
Schools serving the area are part of Omaha Public Schools, with performance ratings varying significantly by individual campus. The area is characterized by a mix of historic neighborhood schools and specialized magnet programs.
The area faces standard Midwestern climate risks, including severe thunderstorms and occasional high winds. Flood risk is localized to specific low-lying areas near drainage basins, and standard homeowner insurance policies are typical for the region.
Economic momentum is driven by the proximity to the Aksarben Village development and the University of Nebraska Omaha campus. Infrastructure improvements focus on urban infill and the revitalization of midtown commercial corridors.
Property taxes are assessed by Douglas County based on market value, with rates influenced by the Omaha Public Schools district and municipal levies. No special MUD/PID districts are broadly applied to the established residential core of this ZIP.
Residents benefit from central positioning with easy access to I-80 and Pacific Street, providing efficient transit to downtown Omaha and major employment hubs within 10-15 minutes.
The area features significant access to Elmwood Park and the Aksarben Village shopping and dining district. Trails and greenbelts are well-integrated into the neighborhood fabric, providing high walkability.
The rental market is highly active due to the proximity of the university, with high demand for multi-family units and single-family rentals. Vacancy pressure remains low, and rent trajectories have shown steady upward movement.
The economy is anchored by the University of Nebraska Omaha and the surrounding Aksarben Village commercial district. The area benefits from a diverse mix of healthcare, education, and professional service employers.
The area is well-served by major arterial roads including Pacific Street and Center Street, with robust bus transit connectivity provided by Omaha Metro.
Development is focused on high-density residential infill and the continued expansion of the Aksarben Village mixed-use footprint.
The Douglas County Assessor maintains annual market-value assessments for all residential parcels, with a focus on equitable valuation across the county.
Parcels are primarily served by the Omaha Public Schools district and standard municipal utility districts.
Property insurance premiums are stable but reflect the regional risk profile for wind and hail damage common in Nebraska.
Data retrieved from data.census.gov ZCTA-level tables.
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 Orchard4.313 mi
- The Amazing Pizza Machine4.27.6 mi
- Spare Time Omaha4.39.9 mi
- Dave & Buster's Omaha4.16.7 mi
- Prehistoric Putt Omaha4.75.6 mi
- CHI Health Center4.43.9 mi
- Vala's Pumpkin Patch & Apple Orchard4.313 mi
- Charles Schwab Field Omaha4.73.9 mi
- Topgolf4.54.7 mi
- Orpheum Theater4.73.3 mi
- Omaha's Henry Doorly Zoo and Aquarium4.83.5 mi
- Vala's Pumpkin Patch & Apple Orchard4.313 mi
- Village Pointe4.59.9 mi
- Bob Kerrey Pedestrian Bridge4.84.3 mi
- Lauritzen Gardens4.84 mi
- Joslyn Art Museum4.73.1 mi
- Kiewit Luminarium4.74.1 mi
- Omaha Children's Museum4.73 mi
- Joslyn Castle & Gardens4.62.1 mi
- The Durham Museum4.83.5 mi
- Omaha's Henry Doorly Zoo and Aquarium4.83.5 mi
- Bob Kerrey Pedestrian Bridge4.84.3 mi
- Lauritzen Gardens4.84 mi
- Gene Leahy Mall at The RiverFront4.73.6 mi
- Chalco Hills Recreation Area4.79.5 mi
- Topgolf4.54.7 mi
- Tiburon Golf Club & Banquet Facility4.511.2 mi
- 88 Tactical4.610.4 mi
- Miracle Hill3.86 mi
- Stone Creek Golf Course4.110.4 mi
- Westroads Mall4.34.4 mi
- Village Pointe4.59.9 mi
- Oak View Mall47.3 mi
- Eppley Airfield4.26.9 mi
- Bergan Mercy Hospital4.42 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large public park featuring trails, a golf course, and swimming pool.
Major mixed-use district with retail, restaurants, and entertainment venues.
Major anchor institution serving the area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.