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Elkhorn

Why you'd want to live in Elkhorn

Elkhorn is located on the edge of Omaha Nebraska and has a population of a few thousand people only. Named after the Elkhorn River, it was formerly a city until its annexation by Omaha in 2005. The origin of Elkhorn can be traced back to the 1860’s, when William Janney began building homes in the area. In 1866, the Union Pacific Railroad obtained the 40-acre tract from him and named it Elkhorn Station. This was followed by a period of sustained growth as commercial activity began to grow in Elkhorn. Very soon, a hotel, store, salon and post office were constructed. The moniker Elkhorn was changed to Chicago and for a while it was also called Douglas before sense prevailed and it was once again known as Elkhorn. In the second half of the 19th century, schools were developed in Elkhorn as well. The junior high school was established in 1966, the senior high school was built in 1980, while the elementary and middle schools were built later. A Catholic Church that was initially built in 1868, was recreated in 1982. Other establishments like a Lutheran Church, a monastery for monks, a Baptist Church and a Methodist congregation were also assembled in the 20th century. Elkhorn also boasts a fire department, which originally started in 1891. Fire hydrants were configured in 1909 and a fire barn was also constructed years later. As the population of Elkhorn NE grew, a city hall and library compound also followed. Over the passage of a few decades, Elkhorn witnessed considerable growth. Once a rural setting, Elkhorn grew into a suburb of Omaha before it was annexed. In present day, Elkhorn is flourishing with a population in the thousands. It is also home to a variety of enterprises and establishments. via ecoscapesomaha.com

Elkhorn Market Report

$460,192

AVERAGE PRICE OF 604 HOMES

$1,481,356

AVERAGE PRICE OF 31 MULTI-MILLION DOLLAR HOMES

$593,414

AVERAGE PRICE OF 332 NEWLY BUILT HOMES

$1,243,995

AVERAGE PRICE OF 11 HOMES WITH A POOL

$784,752

AVERAGE PRICE OF 13 REDUCED PRICE HOMES

Average Home

Average Price $460,192
Avg Bedrooms 2.89 beds
Avg Bathrooms 2.3 baths

Average Price by Bedrooms

2 bedrooms $393,527
3 bedrooms $423,685
4 bedrooms $589,823
5 bedrooms $716,095
Elkhorn Home Price Trends
  4/2025 3/2025 2/2025 1/2025 12/2024
Total Listings 607 578 544 524 500
Average Price $454,771 $821,016 $832,603 $411,993 $418,268
Avg Price Change -80.53% -1.41% +102.09% -1.52% -3.23%
Median Price $420,313 $407,942 $397,814 $389,199 $390,834
Med Price Change +3.03% +2.55% +2.21% -0.42% -2.16%
Avg Bedrooms 2.85 beds 2.73 beds 2.66 beds 2.6 beds 2.66 beds
Avg Bathrooms 2.27 baths 2.2 baths 2.14 baths 2.07 baths 2.14 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Elkhorn 189 $484,574 111 days
Total Homes Average Price Avg Days on Site
All Homes 604 $460,192 151 days
Multi-Million Dollar Homes 31 $1,481,356 92 days
Newly Built Homes 332 $593,414 103 days
Homes with a Pool 11 $1,243,995 85 days
Reduced Price Homes 13 $784,752 51 days
Realty ONE Group Sterling
254 N 114th Street
Omaha, NE 68154
402-934-0074

© 2025 Omaha Area Board of REALTORS®. All rights reserved. This data is from various Participants of the Great Plains REALTORS® Multiple Listing Service Inc Internet Data Exchange; is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing; the listing broker is listed on each listing; the information is deemed reliable but not guaranteed, and is copyrighted ©2025 Great Plains REALTORS® Multiple Listing Service, Inc. Omaha data last updated at May 13, 2025
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