Papillion, Nebraska.
Typical home $412,736 (+2.6% in a year), asking rent $1,659 (+0.1%). Omaha-Council Bluffs, NE-IA metro.
to buy the typical home at today's mortgage rate — +$1,107 (+104%) since Jan 2020.
- 1 year
- Up $10,461 +3%
- $402,275$412,736 since Sep 2025
- 5 years
- Up $71,243 +21%
- $341,493$412,736 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Papillion$2,166
- Nebraska$1,461
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 18 years.
Typical home values in Papillion, NE rose 2.6% over the past year — faster than the nation's +1.2%.
Asking rents in Papillion, NE rose 0.1% over the past year — slower than the nation's +2.7%.
Owning the typical home in Papillion runs $1,548/mo more than renting one. The gap peaked at $1,723 in Oct 2023.
That is $3,208 a month against $1,659 rent: a $2,166 mortgage payment, plus $599 property tax and $442 insurance & upkeep.
Owning vs renting — Papillion
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$3,208
- Renting$1,659
- Mortgage only$2,166
Property tax · $599/mo 1.74% of value a year — the ACS 2020-2024 median bill over the median home value for Sarpy County, NE
Insurance & upkeep · $442/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Papillion, Sarpy County, Nebraska
Papillion is a city of 24,159 people in Sarpy County. Half its households earn more than $111,679 a year and half less, against $103,321 across Sarpy County; 5% of its people live below the poverty line. 74% of its homes are lived in by their owners and 26% are rented. Unemployment in Papillion was 2.9% in August 2026, and Sarpy County had 3.2% more jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Papillion is a city in Sarpy County, in the Omaha area. Most homes are lived in by their owners, and household incomes run above the county's, with relatively few residents living below the poverty line. Many adults have a four-year degree, and the typical resident is somewhat older than the national middle. Winters are cold, with January highs near freezing and lows well below it, and a fair amount of snow falls each year. Summers are warm, with July the warmest month, and rain and melted snow arrive in moderate amounts across the year.
Work. Residents work mostly in schools, hospitals and social care, professional and business services, shops, and banks, insurance and property. The largest workplaces in town include Papillion LA Vista Community Schools, Walmart and Hy-Vee. Unemployment is low and has held steady over the past year, and the county has added jobs. The typical commute is moderate, and a good number of people work from home.
Things to do. Omaha's Henry Doorly Zoo and Aquarium is a short drive away, and Chalco Hills Recreation Area, a protected area, is close by as well, good for time outdoors. Memorial Park is also a short drive away. For a longer outing, the Joslyn Art Museum is a museum a longer drive away.
Report a mistake
- 9,699households
- 48%of adults have a degree
- 5%below the poverty line
- 23 mintypical commute
- 15%work from home
What residents work in
Employed residents by industry, from the Census survey. Sarpy County had 83,436 jobs in 2025, 3.2% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 32° and lows near 14°; warmest in July, with highs near 86° and lows near 66°. About 36 inches of snow and 33 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Gretna 4NE weather station, 6 miles away (NOAA).
Largest workplaces in Papillion
- Papillion La Vista Community SchoolsSchool district1,537FTE
- WalmartWarehouse clubs and supercenters417
- Hy-VeeSupermarkets and other grocery except convenience stores394
- TargetDiscount department stores272
- Manna Pro Products OmahaHay, cubed, manufacturing203
- Brookestone of PapillionSkilled nursing facilities186
- Sam's ClubWarehouse clubs and supercenters171
- CHI Health MidlandsGeneral hospital168FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 27 workplaces with 20 or more staff, 3,072 people in all. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- TornadoesVery high
- HailRelatively high
- Strong windRelatively high
- Winter weatherRelatively high
- Ice stormsrelatively high in parts of PapillionRelatively moderate
- Heat wavesrelatively high in parts of PapillionRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Papillion’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Sarpy County and the Omaha-Council Bluffs, NE-IA metro.
Papillion home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Papillion$412,736
- Nebraska$278,299
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Papillion listings, and the typical home goes pending in 15 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Papillion33.65%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Papillion15
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Papillion127
New listings per month
Sellers arriving at the market.
- Papillion55
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Papillion$386,260
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Papillion100.12%
Zip codes with a Papillion address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Papillion — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Papillion
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 68046 | Papillion | 35,085 | $1,625 | $412,729 |
| 68133 | Papillion | 14,729 | — | $423,878 |