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Area data

Omaha, NE — ZIP 68123

Population: 33,804 (Census ACS)

The median home value in ZIP 68123 (Omaha, NE) is $337,358 — up 2.7% over the past year. Homes sell for a median $349,253 after a median 14 days on market. Typical rent runs $1,395/month. 14 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Moderate, with hail, icestorm, strongwind the top-rated hazards. Cost of living is 9.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$337,358

Median home value

+2.7%

1-year change

14

Median days on market

Relatively Moderate

Hazard risk (county)

Home values & appreciation

Median home value
$337,358
1-year appreciation
+2.7%
3-year appreciation
+7.5%
5-year appreciation
+24.2%
10-year appreciation
+75.7%
All-time peak (2026-07)
$337,358
House Price Index (state)
431.4 (+2.1% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$349,253
Median list price
$340,000
Median price per sqft
$165
1-year sale-price change
+4.3%
Median days on market
14 days
Homes sold (recent period)
92
For-sale inventory
76
Sale-to-list ratio
102.2%
Active listings
33
1-year forecast
+1.3%
Days to pending
16 days
New listings (monthly)
41

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,395/mo
1-year rent change
-2.4%
Studio fair-market rent
$1,220/mo
1BR fair-market rent
$1,280/mo
2BR fair-market rent
$1,530/mo
3BR fair-market rent
$2,030/mo
4BR fair-market rent
$2,290/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
12.3¢/kWh
Natural gas rate (state-level)
$11.40/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
14
Elementary schools
8
Middle schools
1
High schools
1
School districts serving the area
BELLEVUE PUBLIC SCHOOLS, PAPILLION LA VISTA COMMUNITY SCHOOLS, EDUCATIONAL SERVICE UNIT 03
Schools include
TWO SPRINGS ELEMENTARY SCHOOL, FAIRVIEW ELEMENTARY SCHOOL, BELLEVUE WEST SR HIGH SCHOOL, FORT CROOK ELEMENTARY SCHOOL, LEMAY ELEMENTARY SCHOOL

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Moderate
Top hazards (county)
hail, iceStorm, strongWind, tornado, winterWeather
Notable hazard ratings (county)
coldWave: Relatively Moderate · drought: Relatively Low · hail: Relatively High · heatWave: Relatively Moderate · iceStorm: Relatively High · inlandFlooding: Relatively Moderate
FEMA flood zone
AE
Flood risk level
High
Wildfire risk to homes (county)
Higher than 54% of US counties
Buildings in wildfire direct-exposure zone
14.4%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
1
Nearest Superfund site
PCE - Carriage Cleaners (3.6 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
51.0°F
Average high
61.0°F
Average low
40.0°F
Annual precipitation
34.6 in
USDA plant hardiness zone
5b (extreme annual low -15 to -10°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
37
Days with Good air quality
230
Days with Moderate air quality
98
Days with Unhealthy air quality
1
Highest AQI recorded (year)
152

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
5.3 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
42,513
Jobs reachable by transit (45 min)
40,910

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
1
Nearest national park
Lewis & Clark National Historic Trail (11 mi)
Airports within 30 mi
27
Nearest airport
Offutt Air Force Base (OFF) (2 mi)
Nearest major airport
Offutt Air Force Base (OFF) (2 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
BELLEVUE MEDICAL CENTER
Avg hospital rating (CMS)
5.0 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (4.2 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+956 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,998
Housing built before 1970
5.9%
Housing built 2000 or later
46.1%
Median annual property tax
$5,208
Mean commute to work
18 min
Households with broadband internet
85.1%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
68,347
Average weekly wage
$1,097
Top industries (by employment)
Construction, Accommodation & Food, Health Care
Annual residential building permits (county)
1,011

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 68123State medianUS median
Median home value$337,358$237,615$289,727
Median sale price$349,253$268,738$325,000
Median days on market14 days36 days51 days
Typical rent$1,395/mo$1,359/mo$1,808/mo
Median annual property tax$5,208$2,000$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 68123?
$337,358.
What is the median sale price in ZIP 68123?
$349,253.
How long do homes take to sell in ZIP 68123?
Median days on market: 14 days.
What is typical rent in ZIP 68123?
Typical rent: $1,395/month.
What is the natural-hazard risk in ZIP 68123?
Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: hail, iceStorm, strongWind, tornado, winterWeather.
Is ZIP 68123 in a flood zone?
High (FEMA NFIP). FEMA flood zone AE.
What is the wildfire risk in ZIP 68123?
Risk to homes is higher than 54% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 68123?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 68123?
1 current or proposed National Priorities List site within 5 miles (EPA). Nearest site: PCE - Carriage Cleaners, 3.6 mi.
How many schools serve ZIP 68123?
14 schools (8 elementary, 1 middle, 1 high) (NCES, 2022-23).
Is ZIP 68123 walkable?
Walkability index: 5.3/20 (EPA Smart Location Database).
What is the air quality in ZIP 68123?
Good. Median AQI: 37. (EPA AQI).
What is the cost of living in ZIP 68123?
Regional Price Parity: 90.5 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents