68111, Omaha, NE

The 68111 zip code of Omaha, NE has a median home value of $146,000 and a median home equity value of $104,000. These values are above the national median home value and median home equity values, respectively. The 68111 zip code also has a high rate of homeownership (81%), which is above the national homeownership rate. This high rate of homeownership may be due to the strong economy and low unemployment rates in Omaha.

The 68111 zip code also has a high rate of home appreciation (14%). This means that homes in this zip code have increased in value faster than the national average over the past five years. This strong appreciation trend may continue as long as there is continued economic growth in Omaha and other areas around the country.

There are several factors that could contribute to the high rate of home appreciation in the 68111 zip code. These include strong economic conditions, low interest rates, and limited inventory availability. Additionally, many residents in this area may be wealthy enough to afford to buy or upgrade their homes quickly.