Market Overview
Home Prices in Omaha, TX
The median home value in Omaha, TX is $188,707 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.9% compared to a year ago and down 3.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Omaha are priced54% below average.
Over the past five years, Omaha home values have risen by approximately4.4%, reflecting modest growth in this market.
Price History
Omaha Home Price Trend
2020
$149,070
$149K
—
2021
$180,781
$181K
+21.3%
2022
$215,536
$216K
+19.2%
2023
$200,693
$201K
-6.9%
2024
$201,711
$202K
+0.5%
2025
$194,295
$194K
-3.7%
2026
$188,707
$189K
-2.9%
City Comparison
Omaha vs. National Median
🏠 Omaha
$188,707
National Median
$410,000
At $188,707, homes in Omaha cost 54% below the national median of $410,000. This makes Omaha a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Omaha?
20% Down Payment
$37,741
on $188,707
Monthly P&I
$984/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,250/mo
incl. taxes & insurance
Income Needed
$50,000
gross annual (30% rule)
10% Down Option
$18,871
+ PMI applies
Loan Amount (20% dn)
$150,966
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Omaha, TX?
The median home value in Omaha is $188,707 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.9% year-over-year.
How much have home prices changed in Omaha?
Over the past year, home values in Omaha have decreased by 2.9%. Over five years, prices have risen approximately 4.4%.
How much do I need to earn to buy a home in Omaha?
To comfortably afford the median home price of $188,707 with a 20% down payment ($37,741) at today's rates (6.8%), you'd need a gross annual income of approximately $50,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Omaha compare to the national average home price?
The national median home value is approximately $410,000. At $188,707, homes in Omaha are 54% below the national average.