Markets/Nebraska/Omaha-Council Bluffs

Omaha-Council Bluffs, NE-IA Real Estate Market 2026

Investor-grade market analytics for Omaha-Council Bluffs, Nebraska. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$295,169

+1.8% year-over-year

Est. Rental Yield

5.7%

gross annual

12-Month Forecast

-6.1%

base case (Zillow ZHVF)

-6.1% year-over-year

Omaha-Council Bluffs Market Summary

Omaha-Council Bluffs, NE-IA is in a stabilization phase with 1.8% year-over-year appreciation, suggesting cooling demand and a shift toward balanced conditions. Affordability remains favorable with a price-to-income ratio of 3.56x, below the national average of 4.8x. Climate risk remains low (24/100), favorable for long-term investment stability. Rental yield of 5.65% is moderate, offering acceptable cash flow for leveraged investments.

Affordability

Affordability Score92/100
Price-to-Income Ratio3.6x (national avg 4.8x)
Median Household Income$83,023

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-9.2%
Base Case-6.1%
Bull Case-3.1%

Climate & Natural Hazard Risk

Omaha-Council Bluffs, NE-IA's primary climate exposure is wind storms (51/100). The composite climate risk score of 24/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

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Omaha-Council Bluffs Real Estate Market Data 2026 | Lotlytics | Lotlytics