Where Does Warren Buffett Live Now – His Longtime Omaha Home Revealed

Have you ever wondered where does Warren Buffett live now? Known as the “Oracle of Omaha,” Buffett is one of the richest people in the world, yet he still lives in the same house he bought over 60 years ago. This article shares simple and clear details about his current home, why he chose to stay in it, and what this tells us about his values—all in easy-to-read language that an 11-year-old can follow.

Home Address and History

Warren Buffett lives at 5505 Farnam Street in the Dundee–Happy Hollow Historic District of Omaha, Nebraska. He bought it in 1958 for $31,500 when he was 28 years old .

Home Snapshot

Year built: 1921
Size: ~6,570 sq ft
Rooms: 5 bedrooms, 2½ bathrooms
Lot: ~0.73 acres with mature trees

Buffett has remained in this home with his second wife, Astrid Menks, since 2006 .

Buffett’s Modest Style and Home Value

Buffett’s home is a clear sign of his frugal lifestyle. He once said he’s happy there and doesn’t want multiple houses . This modest living reflects his belief in value and common-sense spending .

Current Worth

Estimate Source	Value Estimate
Zillow (2023)	$650,000+
CNBC / Omni Home	$1.2M–$1.5M
HomeZillow (latest)	$1.44M

Even though Buffett’s net worth is in the tens of billions, his home remains modest by billionaire standards.

Features of Warren Buffett’s Home

Central foyer leading into living and dining rooms
U-shaped kitchen and sunroom workspace where he started business ideas
Hardwood floors, crown moldings, fireplaces and warm, classic decoration

Outside Features

A quiet and mature tree-lined lot
Close to his Berkshire Hathaway office at Blackstone Plaza.

Comparing Buffett’s Home to Other Billionaires

Billionaire	Main Residence	Size / Cost
Warren Buffett	6,570 sq ft Omaha stucco home	~ $1.3M
Bill Gates	Xanadu 2.0 mansion in Medina, WA	66,000 sq ft
Jeff Bezos	Multiple luxe homes	Coastal and city properties
Elon Musk	Prefab home in Texas	400 sq ft minimalist dwelling

Despite his wealth, Buffett keeps it simple, while others invest in multiple grand properties .

What His Home Choice Reveals

Buffett’s long-time choice reflects:

Practicality and frugality: financial discipline matters more than flashy assets
Stability and roots: long-time presence near his office and community
Value-driven living: aligns with his long-term investing philosophy

Home & Career: A Deeper Look

His home is only minutes from the Berkshire Hathaway headquarters at Blackstone Plaza, which Buffett has used since 1962 . This closeness supports his daily work routine.

Longevity with Property

Buffett bought the house early and still lives there at age 94. He said he’s “warm in winter, cool in summer, and couldn’t imagine a better house”

Buffett’s Home at a Glance

Feature	Details
Address	5505 Farnam St, Omaha, NE 68132
Purchase Price (1958)	$31,500 (~$330k today)
Modern Value	$1.3M–$1.4M
Size	~6,570 sq ft with five bedrooms
Style	Georgian/Colonial Revival stucco with classic interior

Community and Omaha Life

Buffett lives in Dundee–Happy Hollow, a historic Omaha neighborhood with classic homes, local schools, parks, and Gorat’s Steak House—his favorite restaurant . This tight-knit area matches his down-to-earth style.

Conclusion

In answer to the question where does Warren Buffett live now, the answer is clear: the same modest home he bought in 1958 at 5505 Farnam Street, Omaha, Nebraska. This stately but modest house reflects his belief in value, stability, and community. It’s not a mansion but one that looks and feels like it’s built for a life of thoughtful choices.

His long-term presence in that home supports his daily work habits and shows how his personal philosophy of frugality matches his financial success. Buffett’s story reminds us: wealth isn’t about extravagance, but consistency, values, and smart living.

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