Why Live in University Place
University Place in Lincoln, Nebraska, is a historic neighborhood that has grown around Nebraska Wesleyan University and the University of Nebraska's East Campus. The area is known for its artsy, outdoorsy, and family-friendly atmosphere, with a population of over 15,000 residents. Housing options include historic mansions, student dorms, and nearly 2,800 single-family homes, featuring styles such as cottages, bungalows, and Craftsman homes from the early 20th century, as well as some split-level and ranch-style homes from the 1960s and '70s. Many homes have been updated, though opportunities for renovation still exist. The neighborhood is culturally vibrant, with the LUX Center for the Arts serving as a focal point, alongside the Uni-Place Creative District, which hosts art galleries, coffee shops, and restaurants like MoJava Café and Imperial Kitchen. The Leighton District, a mixed-use development, adds modern amenities with luxury apartments and a sports bar. University Place also boasts recreational facilities like Seng Park and the University Place Aquatic Center, offering various outdoor activities. The neighborhood is safer than the national average, and families benefit from highly rated schools such as Lincoln Public Schools and Mickle Middle School. The area is well-connected with bike racks, walking paths, and the StarTran bus system, making it easy to navigate.
Home Trends in University Place, NE
On average, homes in University Place, Lincoln sell after 90 days on the market compared to the national average of 70 days. The median sale price for homes in University Place, Lincoln over the last 12 months is $483,500, up 3% from the median home sale price over the previous 12 months.
Median Sale Price
$483,500
Median Single Family Sale Price
$657,000
Median Townhouse Sale Price
$329,523
Median 2 Bedroom Sale Price
$1,800,000
Median 1 Bedroom Sale Price
$340,000
Average Price Per Sq Ft
$355
Number of Homes for Sale
21
Last 12 months Home Sales
89
Median List Price
$567,188
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
3%