House Prices

House Prices & Home Values Omaha, IL 2026


Average Data

average house price$74,900
average size per house1680 ft²
average price per ft²45 $ / ft²

04/21/2026 - The value range (VR) for house prices in Omaha, IL is $45/ sqft to $45/ sqft. An average home with 1680 sqft costs approximately $75,600 to $75,600. Omaha, IL includes 1 ZIP codes and it is located in Gallatin county. The lowest prices are found in ZIP 62871, while the highest are in ZIP 62871. The average price per sqare feet is $45. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Omaha

6287142 $ / ft²




Historical development of home values in Omaha

Year Estimated value (USD) Change vs. 2025
2010 $34,785 -53.6%
2011 $33,440 -55.4%
2012 $33,350 -55.5%
2013 $34,596 -53.8%
2014 $36,317 -51.5%
2015 $38,180 -49.0%
2016 $40,173 -46.4%
2017 $42,341 -43.5%
2018 $44,682 -40.3%
2019 $46,754 -37.6%
2020 $49,171 -34.4%
2021 $55,927 -25.3%
2022 $65,198 -13.0%
2023 $68,754 -8.2%
2024 $72,732 -2.9%
2025 $74,900 0.0%

Graph: estimated home values in Omaha over time (USD)



Example: 100% financing house in Omaha

Loan amount: $74,900

Interest rate: 6.00%

Fixed monthly payment: $449.06

Breakdown in the 1st month:
Interest portion: $374.50  –  Principal portion: $74.56

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $4,468.98 $919.78 $73,980.22
2 $4,412.25 $976.51 $73,003.71
3 $4,352.02 $1,036.74 $71,966.97
4 $4,288.08 $1,100.68 $70,866.28
5 $4,220.19 $1,168.57 $69,697.71
6 $4,148.11 $1,240.65 $68,457.07
7 $4,071.59 $1,317.17 $67,139.90
8 $3,990.35 $1,398.41 $65,741.49
9 $3,904.10 $1,484.66 $64,256.84
10 $3,812.53 $1,576.23 $62,680.61
11 $3,715.31 $1,673.45 $61,007.16
12 $3,612.10 $1,776.66 $59,230.50
13 $3,502.52 $1,886.24 $57,344.26
14 $3,386.18 $2,002.58 $55,341.68
15 $3,262.66 $2,126.10 $53,215.58
16 $3,131.53 $2,257.23 $50,958.36
17 $2,992.31 $2,396.45 $48,561.91
18 $2,844.50 $2,544.26 $46,017.65
19 $2,687.58 $2,701.18 $43,316.47
20 $2,520.98 $2,867.78 $40,448.69
21 $2,344.10 $3,044.66 $37,404.02
22 $2,156.31 $3,232.45 $34,171.57
23 $1,956.94 $3,431.82 $30,739.75
24 $1,745.27 $3,643.49 $27,096.26
25 $1,520.55 $3,868.21 $23,228.05
26 $1,281.97 $4,106.79 $19,121.26
27 $1,028.67 $4,360.09 $14,761.17
28 $759.75 $4,629.01 $10,132.16
29 $474.24 $4,914.52 $5,217.64
30 $171.12 $5,217.64 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Omaha, IL


1500 sqft3900 sqft
Ø selling price$81,675$173,745
Ø fast selling$74,250$156,371
Ø high price sale$89,100$191,120

In 2026, houses in Omaha, IL will be offered at an average price of $45 per square foot. A 1,500 sqft home priced at $81,675 is 21.28% more expensive per square foot than a 3,900 sqft home priced at $173,745. Home prices in Omaha, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $120,286. Sellers who can wait longer may achieve a higher price of up to $147,015.


Omaha, Illinois: Small-Town Living in Gallatin County

Overview

Located in southeastern Illinois, Omaha, IL is a small village in Gallatin County known for its rural character and friendly pace of life.
Just a short drive from the Ohio River region, Omaha, Illinois offers easy access to surrounding towns while preserving small-town serenity.

Community and History

Rooted in agriculture and Midwestern traditions, the community values neighborly connections and local pride.
Historic churches, seasonal gatherings, and volunteer groups help keep Omaha?s close-knit spirit alive.

Outdoors and Things to Do

Outdoor lovers enjoy scenic drives, farm vistas, and quick trips to the nearby Shawnee National Forest for hiking, wildlife, and photogenic rock formations.
Popular natural landmarks like Garden of the Gods and local parks make weekend exploring an easy habit and top the list of things to do in Omaha, IL.

Housing and Schools

Living in Omaha, Illinois means an affordable cost of living, with real estate in Omaha IL ranging from cozy single-family homes to acreage for hobby farming.
Families appreciate small class sizes in regional schools and the relaxed pace that lets kids grow up close to nature.

Business and Access

Local businesses support farming, trades, and day-to-day services, while residents commute via Illinois state routes to jobs and shopping in Harrisburg, Shawneetown, and other hubs.
For remote workers, dependable utilities and quiet surroundings create a productive home base with room to breathe.



FAQ – Home Values in Omaha

What is the median home value in Omaha in 2026?

In 2026, the typical home value in Omaha is about $74,900 for an average home size of 1680 square feet. This corresponds to an average price of roughly $45 per square foot.

What is the average cost per square foot in Omaha?

In 2026, homes in Omaha sell for an average of around $45 per square foot, with a typical range between $45 and $45 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Omaha is about 1680 square feet, with an estimated 2026 value around $74,900.



Locations close to Omaha, IL

Opdyke, IL107 $ / ft²
Orient, IL87 $ / ft²
Patoka, IL77 $ / ft²
Odin, IL106 $ / ft²
Norris City, IL38 $ / ft²
Noble, IL70 $ / ft²
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