$249,677Average Value$164Average Price per Sq Ft10Homes For Sale
Brimming with must-have assets, 40th & A is a hot downtown neighborhood
Homebuyers in 40th & A aren’t required to own a bike, but it clearly makes good sense. Located just two miles from the state capitol, residents of this central Lincoln neighborhood can easily walk or bike to schools, parks, shopping and churches. With mid-sized, mid-century modern homes and abundant amenities inside its four square miles, it’s no wonder home seekers will regularly see residents biking and walking.
With an urban location and a peaceful and tree-lined-street suburban feel, 40th & A stands out for having a wide range of assets within its limited area. Josh Beyer, Realtor and Owner of Capital City Realty Group and a Lincoln real estate agent for more than 15 years, says, “Buyers often tell me that they found more of their ‘must have’ items here than in other downtown neighborhoods. And if buyers work at nearby Bryan College or the medical center, they’ll search hard, or wait a bit longer, for a home here.” He adds, “It also has plenty of bike trails that make commuting super easy if you work nearby.”
Midcentury modern homes include Cape Cods and Bungalows
“Midcentury modern homes are super trendy today – not just in Lincoln, but all across the country. 40th & A offers plenty and that brings buyers. When you add the neighborhood’s proximity to conveniences, it’s easy to see why homes here sell quickly,” says Realtor Beyer. Homes are often shaded by mature hardwood trees that arch over paved sidewalks and neat lawns.
Most residences were built between 1940 and 1970. Bungalows have recently sold for about $140,000 to $180,000, while brick ranch-style homes have sold from about $200,000 to about $450,000. Original Cape Cod homes from 1940 with half an acre of land and picket fences have recently sold from about $200,000 to $300,000. Buyers can find a mix of fully renovated, somewhat updated, and ready-to-tackle fixer-uppers.
Coffee shops and local food markets have served the neighborhood for generations
The intersection of 40th and A Streets is where the neighborhood was founded in the 1940s. According to Realtor Beyer, an often repeated direction, “head to the corner of 40th & A”, became a name that stuck. Shopping, dining and professional services encircle that spot and fan out in all four surrounding quadrants of the perfectly square neighborhood. Norm’s Car Care has thrived there since 1958 and claims generations of clients from one family. Piedmont Bistro by Venue serves comfort food such as crab cake sandwiches and pork belly sliders. They’re open for breakfast, lunch, dinner and weekend brunch. Harbor Coffee House offers indoor and outdoor seating, coffee and light fare. Grocery stores and neighborhood markets near A Street and Cotner Boulevard include the locally-owned A Street Market, with a butcher shop and a coffee and donut stand. Residents travel about three miles south to 40th Street and Yankee Hill Road to find big box stores and retailers like Target and Marshalls.
State festivals and the Nebraska State Capital offer endless events
The 40th & A Neighborhood Association hosts regular events, including garage sales, cookouts and neighborhood cleanups. The Sandhills Global Event Center, just six miles south, is the largest outdoor, fairground-style event center in Lincoln and home to the Lancaster County Super Fair, the largest fair in the state. The center hosts musical talent from across the globe, including Robert Plant and Alison Krauss, REO Speedwagon and the Glenn Miller Orchestra. It also hosts farmers' markets, first Friday events, marathons and bike races.
The Nebraska State Capital is not only fascinating for historians and architecture fans but also a great place to learn more about the 37th state. Attending Supreme Court sessions and taking tours of the eight-sided Memorial Chamber are essential for all Lincolnites. 40th & A residents can enjoy panoramic views of the city and see their neighborhood from the 14th-floor observation desk.
A-minus rated Lincoln Public Schools are #1 in Lancaster County
Students can attend B-rated Randolph Elementary, which Niche rates as the No.3 best elementary school in the Lincoln area. It offers pre-kindergarten and teaches 459 students. Lefler Middle teaches sixth through eighth grades and has a B-plus grade from Niche. While Lincoln High is just under two miles from the center of 40th & A, it serves students in the neighborhood and has a B-plus grade from Niche. With its 150-year history, it recently launched a History and Archives website to digitize and provide content about its past. The school also features its own Athletic Hall of Fame.
Lincoln Children’s Zoo and Sunken Gardens offer nearby parklike destinations
One of the most historic outdoor sites in Lincoln is Sunken Gardens. Conceived in 1930 by the city of Lincoln to provide a place of joy and beauty for its residents, who were still reeling from the Great Depression, the gardens display perennials, often according to themes, such as 2021's Ruby Slippers, which featured thousands of plants that bloom in red. Popular with locals and out-of-town visitors, the one-of-a-kind city garden often hosts outdoor weddings.
Lincoln Children’s Zoo is across South 27th Street from Sunken Gardens and just two blocks from the 40th & A neighborhood. Families can walk or bike to visit more than 400 animals, including tigers, giraffes, penguins and more. Summer camps at the zoo are popular with neighborhood children.
40th & A is just 8 miles from Lincoln Airport
As an urban Lincoln neighborhood, 40th & A offers immediate access to public transportation. StarTran is Lincoln’s bus system, with nearly ten routes in and around downtown. Running on compressed natural gas, StarTran has gained attention for reducing maintenance and fuel costs for Lincoln. Residents can easily take Uber, taxis, shuttles and limousines to and from Lincoln Airport. Drivers can make the trip in less than about 20 minutes via Cornhusker Highway. While residents walk and bike often in the neighborhood, car travel is still the most popular mode of transportation around the city.
A notable employer and private college inside 40th & A is Bryan College of Health Sciences, that offers degrees in nursing and biomedical sciences. Students gain hands-on experience at the adjacent Bryan Medical Center East Campus.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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On average, homes in 40th & A, Lincoln sell after 13 days on the market compared to the national average of 52 days. The median sale price for homes in 40th & A, Lincoln over the last 12 months is $237,000, down 1% from the median home sale price over the previous 12 months.
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A smart layout, a prime location, and updates that elevate everyday living. This 3-bed, 2-bath Lincoln home offers nearly 1,500 sq ft of finished space with a detached garage off 38th Street. The main level features refinished wood floors, fresh paint, newer windows, and an updated kitchen with new flooring and a bright, functional flow. The lower level adds a full-size rec room, a third bedroom
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