ZIP Code 68112 — Omaha, NE Home Prices (2026)

The typical home in ZIP 68112 (Omaha, Nebraska) is worth about $188,000 at roughly $127 per square foot — 36% more affordable than the Omaha median and 36% more affordable than the typical U.S. home.

$188,000
Typical home value
$127
Price per sq ft
#27 of 31
Omaha ZIPs by value
-36%
vs Omaha median

How 68112 compares

ZIP 68112 is one of the more affordable ZIP codes in Omaha: its typical home value of $188,000 ranks #27 of the 31 Omaha ZIP codes we track (the citywide range runs from $137,000 in 68111 to $519,000 in 68022). Per square foot it costs about $127, against $172 for Omaha as a whole, $141 for Nebraska, and $195 nationally.

AreaTypical value$ / sq ft
ZIP 68112$188,000$127
Omaha, NE$296,000$172
Nebraska$239,000$141
United States$294,000$195

Home value by size in 68112

Using this ZIP’s rate of about $127 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.

Home sizeEstimated value
1,000 sq ft$127,000
1,500 sq ft$190,500
2,000 sq ft$254,000
2,500 sq ft$317,500
3,000 sq ft$381,000

Salary needed to buy a home in ZIP 68112

To buy the typical $188,000 home in ZIP 68112 with 20% down, you need a household income of roughly $51,000 a year (about $1,190 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $61,000, because the loan is bigger and mortgage insurance kicks in.

Down paymentCash downMonthly paymentIncome needed
5% (+PMI)$9,400$1,480/mo$64,000/yr
10% (+PMI)$18,800$1,420/mo$61,000/yr
20%$37,600$1,190/mo$51,000/yr

Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.

What your budget buys in ZIP 68112

At about $127 per square foot, here is roughly how much home different budgets get you in ZIP 68112:

BudgetApprox. sizeWhat that looks like locally
$150k1180 sq ftbelow the local median — condos, smaller or older homes
$200k1570 sq ftaround the typical home here
$250k1970 sq ftabove the median — larger homes or the pricier ZIPs
$300k2360 sq ftabove the median — larger homes or the pricier ZIPs
$400k3150 sq ftabove the median — larger homes or the pricier ZIPs

Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 68112 home.

Estimate a specific home in 68112

The estimator below is pre-set to ZIP 68112 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.

All Omaha ZIP codes by home value

Where 68112 sits among Omaha’s 31 ZIP codes:

#ZIP codeTypical value$ / sq ft
168022$519,000$202
268130$461,000$172
368118$430,000$161
468136$413,000$178
568135$394,000$193
668116$382,000$166
768142$375,000$184
868132$370,000$192
968154$365,000$165
1068124$347,000$196
1168152$346,000$182
1268144$317,000$157
1368114$314,000$219
1468157$298,000$184
1568164$297,000$168
1668138$296,000$203
1768127$289,000$164
1868122$288,000$176
1968137$288,000$159
2068102$275,000$367
2168134$262,000$158
2268106$258,000$183
2368105$231,000$170
2468117$224,000$175
2568131$220,000$184
2668104$204,000$153
2768112 (this page)$188,000$127
2868107$186,000$145
2968108$174,000$166
3068110$145,000$128
3168111$137,000$131

ZIP 68112 home prices: frequently asked

What is the average home price in ZIP code 68112? +
The typical home in ZIP 68112 (Omaha, NE) is worth about $188,000 as of 2026. That is 36% more affordable than the Omaha median of $296,000 and 36% more affordable than the U.S. median of $294,000.
What is the price per square foot in 68112? +
About $127 per square foot in 68112, versus $172 across Omaha and $141 across Nebraska. At that rate a 1,500 sq ft home runs roughly $190,500 and a 2,500 sq ft home about $317,500.
What salary do you need to buy a house in ZIP 68112? +
For the typical $188,000 home in ZIP 68112, a household income of about $51,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $61,000; with 5% down about $64,000.
Is 68112 an expensive ZIP code? +
Within Omaha, 68112 ranks #27 of 31 ZIP codes by typical home value, which makes it one of the more affordable ZIP codes in Omaha. Nationally it is relatively affordable.

See the full Omaha home values page, all Nebraska cities, or price per square foot by ZIP code nationwide.

Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.