The story of this market
The typical home in ZIP 68114 sells for about $315,000, or $165 per square foot.
Prices are down 2.1% from a year ago, which gives buyers more room to negotiate. Homes take about 32 days to sell. HUD's fair market rent for a two-bedroom is $1,227 a month.
ZIP 68114 — Omaha
The 68114 housing market shows stability with moderate price appreciation and consistent demand for established residential properties. While inventory remains tight, buyers are active, though the market is sensitive to interest rate fluctuations. Some figures, such as specific permit data, were not available at the ZIP level.
This ZIP is well-suited for family buyers and long-term residents seeking established neighborhoods with proximity to city amenities.
Median prices moved down 2.1% year over year.
Homes spend a median of 32 days on market with 3.4 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 3.1% · poverty 8.4% — 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 5.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 68114, Douglas County NE
The area is served by Omaha Public Schools, which maintains a diverse range of academic programs and magnet schools.
The region is subject to severe weather, including high winds and occasional hail, which influences property insurance premiums.
The area benefits from proximity to major Omaha employment hubs and established commercial corridors, though new large-scale development is limited by existing density.
Property taxes are assessed by Douglas County based on market value, with rates influenced by local school district and municipal levies.
Residents typically have a 15-20 minute drive to downtown Omaha via major arterial roads and highway access.
The area features several local parks and is within a short drive of major shopping centers and dining districts in West Omaha.
The rental market is characterized by steady demand, though investors must account for maintenance costs on older housing stock.
The local economy is anchored by Omaha's diverse mix of finance, healthcare, and insurance industries.
The area is primarily car-dependent with access to major highway corridors.
Development is focused on infill projects and commercial renovations.
Parcels are subject to Omaha Public School district taxes and municipal service fees.
Premiums are influenced by regional exposure to severe weather events.
Data retrieved from data.census.gov ZCTA profiles.
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 Orchard4.312.3 mi
- The Amazing Pizza Machine4.26.2 mi
- Spare Time Omaha4.37.2 mi
- Dave & Buster's Omaha4.14.3 mi
- Prehistoric Putt Omaha4.73.4 mi
- CHI Health Center4.46.4 mi
- Vala's Pumpkin Patch & Apple Orchard4.312.3 mi
- Charles Schwab Field Omaha4.76.2 mi
- Topgolf4.51.2 mi
- Orpheum Theater4.76 mi
- Omaha's Henry Doorly Zoo and Aquarium4.87.1 mi
- Vala's Pumpkin Patch & Apple Orchard4.312.3 mi
- Village Pointe4.56.8 mi
- Bob Kerrey Pedestrian Bridge4.86.7 mi
- Lauritzen Gardens4.87.4 mi
- Joslyn Art Museum4.75.6 mi
- Kiewit Luminarium4.76.6 mi
- Omaha Children's Museum4.75.7 mi
- Joslyn Castle & Gardens4.64.2 mi
- The Durham Museum4.86.5 mi
- Omaha's Henry Doorly Zoo and Aquarium4.87.1 mi
- Bob Kerrey Pedestrian Bridge4.86.7 mi
- Lauritzen Gardens4.87.4 mi
- Gene Leahy Mall at The RiverFront4.76.3 mi
- Chalco Hills Recreation Area4.78.6 mi
- Topgolf4.51.2 mi
- Tiburon Golf Club & Banquet Facility4.510.2 mi
- 88 Tactical4.69.9 mi
- Miracle Hill3.82.5 mi
- Indian Creek Golf Course4.69.4 mi
- Westroads Mall4.30.9 mi
- Village Pointe4.56.8 mi
- Oak View Mall45 mi
- Eppley Airfield4.28.5 mi
- Bergan Mercy Hospital4.42.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major regional shopping destination.
Large public green space serving the community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.