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Zip Code 68134

Omaha, NE • Douglas County

Real Estate Market Analysis

Q3 2025 Report
$257,005 (up 0.1% YoY)
Median Home Value
~37,000
Population
$59,000 (estimate)
Median Income
Average (C+ to B- on major rating sites)
School District Rating

Market Statistics

Property Values

$257,005 (up 0.1% YoY)
Median Home Value
~$1,400 (estimate based on Omaha averages)
Median Rent
~$155 (estimate based on recent sales)
Price per Sq Ft

Market Performance

Home Appreciation0.1% YoY (2024-2025)
Market VelocityHomes spend ~14 days on market; brisk sales with 21% sold under asking, 26% at asking, and 53% above asking in June 2025[2]
Foreclosure RateLow (in line with Omaha averages; no spike reported)

Area Information

Area Size~7.5 sq mi
CountyDouglas
Primary CityOmaha

Housing Profile

Housing Statistics

Total Housing Units~11,000 (estimate)
Owner Occupied~60% (estimate based on Omaha averages)
Rental Properties~40% (estimate)
Vacant Units~6% (estimate)
New ConstructionLimited; most stock built 1960s–1980s, some infill and renovation

Housing Types

Single-family homesDuplexesSmall multifamilyTownhomes

Demographics

~37,000
Population
36
Median Age
$59,000 (estimate)
Median Income
~96% (unemployment ~4%)
Employment Rate
High school grad or higher: 91%; Bachelor’s or higher: 27%
Education Levels
Mix of families, singles, and retirees; moderate diversity
Family Composition

Education Quality

School District Performance

Average (C+ to B- on major rating sites)
District Rating
School DistrictOmaha Public Schools (OPS)
Test ScoresSlightly below state average; some schools outperform
Graduation Rates~83%

Schools in Area

  • Masters Elementary
  • Sunny Slope Elementary
  • Morton Middle School
  • Northwest High School

Economic Factors

Employment & Business

Job GrowthSteady, ~1.2% YoY (Omaha metro)
Unemployment Rate~4%
Business EnvironmentStable, with mix of retail, healthcare, and services
Commercial ActivityActive along Maple St. and 90th St.; retail and service hubs

Major Employers

  • CHI Health
  • Omaha Public Schools
  • Union Pacific
  • First National Bank

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • • I-680
  • • Maple St.
  • • Public bus routes

Utilities & Services

  • • OPPD (electric)
  • • MUD (gas/water)
  • • City trash/recycling

Quality of Life

Safety & Environment

Moderate; higher than Omaha average for property crime, lower for violent crime

Good; suburban tree canopy, some traffic noise

Healthcare Access

  • • CHI Health Immanuel
  • • Nebraska Medicine clinics

Development Trends

Planned Developments

  • Small infill housing projects
  • Retail renovations along Maple St.

Infrastructure Projects

  • • Road resurfacing on 90th St.
  • • Stormwater improvements

Investment Outlook

Growth Outlook

Stable, with modest population and value growth

Investment Opportunities

  • • Value-add single-family rentals
  • • Small multifamily acquisitions

Marketing Intelligence

Target Demographics

  • First-time buyers
  • Young families
  • Investors

Competitive Advantages

  • Lower entry price than central Omaha
  • Quick access to I-680 and major employers

Pricing Strategies

Position at or slightly below Omaha median to attract value-seekers

Common Objections & Response Strategies

Objection: Older housing stock

Response Strategy:

Highlight recent renovations and solid construction; discuss lower taxes and mature neighborhoods.

Objection: School ratings average

Response Strategy:

Point to specific schools with above-average performance and strong extracurriculars.

Objection: Property crime rates

Response Strategy:

Emphasize active neighborhood watch, community policing, and lower violent crime rates.

Professional Recommendations

1

Price listings competitively to move quickly in a value-driven market.

2

Highlight recent updates, energy efficiency, and proximity to parks/schools.

3

Target marketing to first-time buyers and investors with messaging on affordability and rental demand.

4

Advise sellers on modest appreciation and importance of home condition.

5

Network with local employers and relocation services to capture incoming buyers.

Competitive Analysis

Comparable Markets

  • 68164 (northwest Omaha)
  • 68144 (west Omaha)
  • 68154 (west-central Omaha)

Market Positioning

Affordable, accessible, family-friendly

Competitive Advantages

  • Lower median price than 68144/68154
  • Higher rental yields than newer suburbs

Price Comparison

68134 median home value ~$257,000 vs. Omaha ~$291,000[5][4]

Investment Metrics

~6.5% (estimate for SFR rentals)
Cap Rates
~7% gross yield (median rent/median price)
Rental Yields
~15–16
Price-to-Rent
Positive for well-priced rentals; strong tenant demand
Cash Flow
0.5–1.5% annually (modest but stable)
Appreciation

Buyer Journey Insights

First-Time Buyers

Attracted by affordability and location; may need education on renovation potential.

Move-Up Buyers

Limited options for large new homes; may seek updated properties or nearby zip codes.

Downsizers

Appeal in ranch homes and low-maintenance properties; highlight proximity to healthcare.

Investors

Strong rental demand, especially for 3–4 bedroom homes; focus on cash flow and low vacancy.

Relocators

Proximity to major employers and highways; emphasize community amenities.

This zip code analysis was generated using comprehensive market data and AI intelligence.

Market conditions change rapidly - consult with local real estate professionals for the most current information.

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