Why Live in Colonial Hills
Colonial Hills, located in south central Lincoln, is a residential neighborhood with around 1,400 homes, bordered by Holmes Lake Park to the north and Nebraska Parkway to the south. The area features a mix of single-family homes from the 1970s and 1980s, mid-rise condominiums, and historic properties, with newer developments on the south end. The Colonial Hills Homeowners Association fosters a strong community spirit through events like garage sales, Fourth of July picnics, and a neighborhood newsletter. The neighborhood is known for its well-maintained homes and suburban feel, with shopping and dining options within 2 miles, accessible by foot or bike.
Colonial Hills is served by highly rated schools, including Zeman Elementary, Pound Middle School, and Lincoln Southeast High, all of which receive high marks for academics and extracurricular programs. Commuting to downtown Lincoln is convenient, with a 6-mile drive taking less than 20 minutes during peak times. The neighborhood is also well-connected by the StarTran bus system.
Recreational opportunities abound with Colonial Hills Park offering a beach volleyball court, baseball diamond, playground, basketball court, and hiking/biking trails. Holmes Lake Park, just outside the neighborhood, provides additional amenities such as ice skating, fishing, and an 18-hole golf course. Local dining includes Lazlo’s Brewery & Grill-South and The Oven, while shopping needs are met at Edgewood Shopping Center and Target. The nearby College View Farmer’s Market and Urban Air Trampoline and Adventure Park offer further entertainment options. Overall, Colonial Hills combines suburban tranquility with convenient access to amenities and recreational features.
Home Trends in Colonial Hills, NE
On average, homes in Colonial Hills, Lincoln sell after 13 days on the market compared to the national average of 51 days. The median sale price for homes in Colonial Hills, Lincoln over the last 12 months is $327,000, up 5% from the median home sale price over the previous 12 months.
Median Sale Price
$327,000
Median Single Family Sale Price
$345,000
Median Townhouse Sale Price
$290,000
Median 2 Bedroom Sale Price
$177,500
Average Price Per Sq Ft
$165
Number of Homes for Sale
11
Last 12 months Home Sales
59
Median List Price
$340,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%