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Aksarben Village

Omaha, NE

Neighborhood Market Analysis

Q3 2025 Report
$233,500[4]
Median Home Price
High (Walk Score 75–85); most errands and entertainment accessible on foot[4]
Walkability Score
Above average; public schools rated 6–8/10 on most platforms, with strong private options nearby
School Rating

Location Overview

Neighborhood Boundaries

Roughly bounded by 67th St (west), Center St (north), 72nd St (east), and Pacific St (south), centered on the former Ak-Sar-Ben coliseum and racetrack site.

Zip Codes

68106

Market Data Summary

Price Range$180,000–$400,000 for single-family homes and condos; luxury apartments and new construction may exceed this range[4]
Price per Sq Ft$180–$240 (varies by property type and age)
Inventory LevelsTight inventory; average days on market 18–25 for well-priced homes; new apartment supply absorbed quickly

Property Characteristics

Home Types & Architecture

Home Types

Historic bungalowsModern apartmentsCondosTownhomes

Architectural Styles

American Craftsman/Craftsman Bungalow[2]ContemporaryMixed-use urban infill

Property Details

Typical Lot SizesSmall to medium urban lots (0.1–0.2 acres for single-family homes); apartments and condos on mixed-use blocks
Home Age RangeEarly 1900s (bungalows) to new construction (2015–2025)
Construction QualityGenerally high; historic homes with solid craftsmanship, new builds with modern amenities

Community Profile

Demographics & Lifestyle

Demographics

Diverse mix of young professionals, university students, families, and empty nesters; highly educated population due to proximity to UNO[4]

Community Vibe

Active, social, urban, and walkable; strong sense of neighborhood identity and pride[5]

Typical Residents

  • Young professionals
  • University students
  • Families
  • Empty nesters

Family Friendly

Very; parks, dog park, and community events cater to families and pet owners[5]

Amenities & Lifestyle

Parks & Recreation

  • • Elmwood Park
  • • Bark Park (dog park)[5]
  • • Sand volleyball courts
  • • Open turf for events and fitness classes

Dining Options

  • • Inner Rail Food Hall (multiple vendors)[5]
  • • Themed dining
  • • Full-service bars and restaurants

Shopping Centers

  • • Aksarben Village mixed-use retail
  • • Nearby Midtown Crossing

Local Businesses

  • • LuluLemon Pop-up
  • • Powerlife Yoga
  • • Chlorophyll
  • • Multiple fitness centers
  • • Boutique retail

Education & Schools

Above average; public schools rated 6–8/10 on most platforms, with strong private options nearby
Overall School Rating

Elementary Schools

  • • Belle Ryan Elementary
  • • Washington Elementary

Middle Schools

  • • Lewis & Clark Middle School

High Schools

  • • Central High School

Private Schools

  • • Brownell Talbot School
  • • Omaha Christian Academy

Transportation & Accessibility

Transit & Roads

Public Transit

  • • Metro Transit bus lines (routes along Center St and 72nd St)

Major Roads

  • • Center St
  • • 72nd St
  • • Pacific St

Commute & Walkability

Commute Times10–15 minutes to downtown Omaha; 5 minutes to UNO; 20 minutes to Eppley Airfield
WalkabilityExcellent for daily needs and recreation[4]
ParkingAmple structured parking for apartments and businesses; street parking can be competitive during events

Marketing Intelligence

Target Buyer Types

  • Young professionals
  • University faculty/students
  • Investors
  • Empty nesters
  • Small families

Key Selling Points

  • Mixed-use urban lifestyle
  • Access to parks and recreation
  • Vibrant dining and retail scene
  • Strong appreciation and rental demand

Pricing Considerations

Price competitively due to high demand but be mindful of buyer sensitivity to HOA fees and parking availability

Common Objections & Response Strategies

Objection: Noise from events and nightlife

Response Strategy:

Point out soundproofing in newer buildings and quieter blocks available; highlight community guidelines for event hours.

Objection: Limited single-family home options

Response Strategy:

Showcase spacious condos/townhomes with private outdoor space as alternatives.

Objection: Parking challenges during peak times

Response Strategy:

Emphasize structured parking, resident permits, and walkability to daily needs.

Objection: Higher price per square foot than older suburbs

Response Strategy:

Highlight lifestyle value, appreciation potential, and lower transportation costs due to walkability.

Investment Insights

Investment Potential

Appreciation Potential

Strong, driven by ongoing development, university proximity, and lifestyle amenities[4]

Rental Demand

Very high, especially among students and young professionals[4]

Buyer Competition

Intense for both rentals and for-sale homes; multiple offers common for well-priced properties

Best For

  • Investors seeking stable rental income
  • First-time buyers
  • Young professionals
  • Empty nesters seeking walkability

Potential Concerns

  • Limited single-family home inventory
  • Occasional event-related noise
  • Parking during peak times

Professional Recommendations

1

Emphasize lifestyle and walkability in marketing materials.

2

Leverage social media and video tours to showcase amenities and events.

3

Network with UNO and local employers for relocation leads.

4

Stay updated on new development timelines and pre-sale opportunities.

5

Educate buyers on HOA structures, parking options, and event schedules.

Competitive Analysis

Comparable Markets

  • Midtown Crossing
  • Blackstone District
  • Dundee

Market Positioning

Trendy, walkable, and community-focused urban village

Competitive Advantages

  • Proximity to UNO
  • Modern mixed-use design
  • Active lifestyle amenities

Price Comparison

Slightly higher than Midtown Crossing and Blackstone for new construction; historic homes priced similarly to Dundee

Investment Metrics

5.5%–6.5% for multifamily; 4.5%–5.5% for condos/townhomes
Cap Rates
5%–6% gross annual yield for long-term rentals
Rental Yields
16–18 (favorable for investors seeking appreciation and cash flow)
Price-to-Rent
Positive for well-managed rentals, especially furnished or student-focused units
Cash Flow
4%–6% annually, barring overbuilding
Appreciation

Buyer Journey Insights

First-Time Buyers

Attracted by walkability, amenities, and newer construction; may face competition and higher prices per square foot.

Move-Up Buyers

Limited single-family options; may consider luxury condos/townhomes for more space and amenities.

Downsizers

Appealing due to low-maintenance living, walkability, and vibrant social scene.

Investors

Strong rental demand, especially for furnished and student rentals; stable cash flow and appreciation.

Relocators

Drawn by urban lifestyle, proximity to UNO, and easy access to downtown.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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