The story of this market
The typical home in ZIP 68111 sells for about $164,900, or $115 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 22 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,126 a month.
ZIP 68111
The 68111 housing market remains competitive with low inventory, driving steady price appreciation despite broader economic headwinds. While median prices are lower than the Omaha citywide average, the area is seeing increased interest from investors and first-time buyers. Data for specific metrics like price-cut percentages are not published at the ZIP level and are omitted here.
This ZIP is well-suited for budget-conscious buyers and investors looking for entry-level housing opportunities near the urban core, as well as long-term residents seeking established community roots.
Median prices moved up 3.2% year over year.
Homes spend a median of 22 days on market with 2.1 months of supply — a fast-moving market.
13% 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 12.4% · poverty 31.7% — elevated distress and economic pressure.
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 7.1%/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 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 68111, Douglas County NE
Crime rates in the 68111 area remain higher than the Omaha citywide average, with property crime being the primary concern reported in local safety assessments.
Schools serving this ZIP are part of Omaha Public Schools; performance ratings are generally lower than the state average, reflecting ongoing challenges in district-wide academic outcomes.
The area is not in a high-risk flood zone, though localized drainage issues can occur during heavy rainfall; standard property insurance remains available but premiums are sensitive to regional storm activity.
Economic momentum is driven by proximity to downtown Omaha and ongoing revitalization efforts in North Omaha, though large-scale corporate development is currently concentrated in other parts of the metro.
Property taxes are assessed by Douglas County; the rate is determined by a combination of municipal, school district, and county levies, with no specific exemptions unique to this ZIP code.
Residents have a short commute to downtown Omaha, typically 10-15 minutes via I-75 or local arterial roads, with limited public transit options available.
The area features several local parks and community centers, including Miller Park, providing green space and recreational facilities within a 3-mile radius.
The rental market is characterized by high demand for affordable housing, with low vacancy rates and steady rent growth driven by the area's central location.
The local economy is anchored by healthcare, education, and government services in the broader Omaha metro area, with significant employment hubs located in downtown and midtown.
The area is served by Omaha Metro transit bus routes, providing connectivity to the downtown employment core and major commercial corridors.
Development is focused on infill housing and the rehabilitation of existing residential properties to support neighborhood stabilization.
The Douglas County Assessor's office conducts annual property valuations based on market sales data to determine taxable value.
Parcels are subject to Omaha Public Schools district taxes and various municipal service districts.
Property insurance premiums are influenced by regional weather patterns, including severe thunderstorm and hail risks common in the Great Plains.
Data retrieved from data.census.gov ZCTA 68111 profile.
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 Orchard4.316.5 mi
- The Amazing Pizza Machine4.210.6 mi
- Spare Time Omaha4.311.9 mi
- Dave & Buster's Omaha4.18.9 mi
- Prehistoric Putt Omaha4.78 mi
- CHI Health Center4.42.9 mi
- Vala's Pumpkin Patch & Apple Orchard4.316.5 mi
- Charles Schwab Field Omaha4.72.5 mi
- Topgolf4.55.8 mi
- Orpheum Theater4.72.9 mi
- Omaha's Henry Doorly Zoo and Aquarium4.85 mi
- Village Pointe4.511.4 mi
- Bob Kerrey Pedestrian Bridge4.83 mi
- Lauritzen Gardens4.84.8 mi
- Joslyn Art Museum4.72.4 mi
- Joslyn Art Museum4.72.4 mi
- Kiewit Luminarium4.73 mi
- Omaha Children's Museum4.72.8 mi
- Joslyn Castle & Gardens4.62.1 mi
- The Durham Museum4.83.4 mi
- Omaha's Henry Doorly Zoo and Aquarium4.85 mi
- Bob Kerrey Pedestrian Bridge4.83 mi
- Lauritzen Gardens4.84.8 mi
- Gene Leahy Mall at The RiverFront4.73 mi
- Fontenelle Forest4.88.2 mi
- Topgolf4.55.8 mi
- Miracle Hill3.87 mi
- Stone Creek Golf Course4.110.4 mi
- The Players Club4.67.4 mi
- Eagle Hills Golf Course4.49.2 mi
- Westroads Mall4.35.5 mi
- Village Pointe4.511.4 mi
- Oak View Mall49.7 mi
- Eppley Airfield4.23.8 mi
- Bergan Mercy Hospital4.44.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A large historic park featuring a lake, golf course, and walking trails.
A developing urban trail system connecting neighborhoods to local amenities.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).