HousingHandbookReference data

U.S. ZIP Code · NE68108

Douglas County · Omaha, NE-IA

Typical home value

$174,315[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-1.6%
5-year / yr
+4.2%
10-year / yr
+8.9%

Relative price

vs U.S.
-38.6%
vs metro
-42.7%
vs state
-24.5%
ZIP 68108 location in NE
Location of ZIP 68108 in NE

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 68108 is worth $174,315 — 42.7% below the Omaha, NE-IA median. Over the past year, values have fallen 1.6%. Homes here rent for a typical $1,242 a month — a 8.6% gross rental yield. The effective property tax rate is 1.3%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,242[2]
Gross yield
8.6%[2]
Cap rate
5.1%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.3%[3]
Typical annual tax
$2,311[3]

#Climate risk

FEMA National Risk Index ratings for Douglas County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
Not Applicable
Wildfire
Relatively Low
Drought
Relatively Low
Heat wave
Relatively High
Hurricane
No Rating
Tornado
Very High
Earthquake
Very Low
Winter weather
Very High

#Who lives here

Population
14,578[3]
Median household income
$53,609[3]

#Migration

Household moves in and out of Douglas County over a year, from IRS tax-return data.

Net migration
-396[5]
Moved in
14,272
Moved out
14,668

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
3
Elementary
3
Middle
0
High
0
  • CASTELAR ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · OMAHA PUBLIC SCHOOLS

    525 students

  • BANCROFT ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · OMAHA PUBLIC SCHOOLS

    494 students

  • PINE ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · OMAHA PUBLIC SCHOOLS

    325 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield8.6%
Net yield (after ~40% expenses)5.1%
Annual rent$14,907

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$881
Loan principal$139,452
Down payment$34,863
Total interest paid$177,864

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio0.98
Monthly cost to own$1,220
Monthly rent$1,242

Owning and renting are roughly even.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
7th percentile[1]
Rental yield
86th percentile[2]
Property tax
46th percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 68108?
The typical home in 68108 is worth $174,315, based on the Zillow Home Value Index.
Are home values rising in 68108?
Home values in 68108 are down 1.6% over the past year, and up 4.2% a year over five years.
What is the typical rent in 68108?
A typical home in 68108 rents for about $1,242 a month, a gross rental yield of 8.6%.
What is the property tax rate in 68108?
The effective property tax rate in 68108 is 1.3% — roughly $2,311 a year on a typical home.
Who lives in 68108?
ZIP code 68108 has a population of 14,578 and a median household income of $53,609.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Henderson, IA

    Typical home
    $179,612
    Gross yield
  • Pisgah, IA

    Typical home
    $167,344
    Gross yield
  • Council Bluffs, IA

    Typical home
    $184,241
    Gross yield
    8.4%
  • Omaha, NE

    Typical home
    $184,367
    Gross yield
    6.5%
  • Omaha, NE

    Typical home
    $185,343
    Gross yield
    10.0%
  • Modale, IA

    Typical home
    $190,115
    Gross yield

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