$141,617Average Value$250Average Price per Sq Ft5Homes For Sale
Cheaper homes than those in southern Omaha
While it has never gotten the shine that more incorporated neighborhoods like Benson or Irvington have, Central Park is a historic neighborhood almost hidden in northern Omaha. The community was settled by working-class families in the 1870s and, over time, has been known as both West Saratoga and Cherry Hill until the original schoolhouse was rebuilt and named the Central Park School, and the surrounding area adopted the name. Once thriving with businesses, most have left the area since the 1980s. “Central Park has become a place for investors or sometimes first-time home buyers,” says Jeremy Murray, a Realtor with Realty One Group, who has over a decade of experience in the Omaha market. “With more affordable homes than the southern portion of Omaha, Central Park is now mostly made up of renters.”
Investors and first-time buyers fill Central Park
Lined with old-growth trees, grey city streets are lined with sidewalks that allow residents to get around Central Park by foot or bike. Home styles include ranch styles, Craftsman styles bungalows and cottages. Property lots are narrow and rectangularly shaped and feature long front yards that are sloped because of the hilly nature of the neighborhood. Buyers can expect a two-bedroom, one-bathroom Craftsman bungalow to go for under $150,000, while an updated ranch can go for as high as $235,000. “While the investor market has never really slowed down, the rest of the market has, and I think that is due to higher interest rates,” Murray says.
Newer ranch homes have popped up along the streets of Central Park in recent years.
Some Central Park residents live in renovated ranch and split-level homes.
A handful of larger homes are scattered around Central Park.
Some Central Park homes have been completely updated from their historic structure.
1/4
Exploring STEM at North High
Children attend Omaha Public Schools, which scores a B-minus on Niche, serves more than 51,000 students and is the third-largest employer in Nebraska, with more than 7,000 full-time staff members. The district’s student assignment plan is based on school boundaries, educational programs and district-provided transportation. All students are guaranteed admission into their neighborhood school but have the school choice opportunity to apply to attend any other school in the district. The neighborhood school path is Central Park Elementary, Nathan Hale Magnet Middle, and Omaha North Magnet High School. The elementary and middle schools score a C-minus on Niche, while the high school scores a B-minus. North High is a walkable distance away for students and offers a specialized curriculum in science, technology, engineering and mathematics (STEM) education.
Central Park students in grades K-5 attend Central Park Elementary School.
Hale Magnet Middle School welcomes Central Park tweens to class.
North High School is a historic and diverse school for Central Park students.
1/3
Locals might take the Red Line
Metro Omaha is the city’s bus public transportation route. Central Park is serviced by the Red Line, route 18-72, which runs from downtown to Aksarben Transit Center and can pick up at the North High School stop.
Enjoying a cozy lunch at Southern Spoon
Residents can choose between a Family Dollar or Walmart Supercenter for weekly groceries. Not only does Walmart have a grocery section, but it also features many other necessities, including electronics, clothing and toys. A local favorite is the Southern Spoon on Ames Avenue, which specializes in comfort food. A tad over 5 miles north of downtown, it provides another option with Omaha’s Old Market Entertainment District, a historic neighborhood turned into a shopping, dining and nightlife hot spot with cobblestone streets.
Fishing, walking and playing at Fontenelle Park
Just across Ames Avenue, Fontenelle Park is a 108-acre park that underwent a 1998 renovation that added many popular amenities. The park has a well-liked lagoon for fishing, multiple paths that curve throughout that are perfect for exercise and a playground. On top of that, the park even includes basketball courts, tennis courts, football, and baseball fields. The park’s pavilion is home to the Joe Edmonson YMCA outreach program and is available for rent on Saturdays.
Catching the game in Downtown Omaha
While Central Park doesn’t have any organized community events, Omaha is a hub for major events throughout the year. The city hosts the NCAA College Baseball World Series at TD Ameritrade Park every June. From 2019 to 2023, the city was the host site for the U.S. Swimming Trials, and every summer since 2009, it has hosted the Maha Music Festival.
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.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Jennifer Waxberg,
an experienced agent in this neighborhood.
Parks in this Area
Adams Park
Fontenelle Park
Baseball/Softball
Basketball
Bike Trails
Churchich Park
Bedford Place Park
Lake James Park
Baseball/Softball
Basketball
Playground
Norwick Park
Transit
Airport
Eppley Airfield
14 min drive
Bus
42nd & Fowler Ave NE
Bus
42nd & Browne NW
Bus
38th & Ames Ave SE
Bus
40th & Fowler Ave NW
Bus
40th & Grand Ave SE
Bus
40th & Ames Ave NE
Bus
40th Ave & Ames Ave NW
Central Park Demographics and Home Trends
On average, homes in Central Park, Omaha sell after 40 days on the market compared to the national average of 70 days. The median sale price for homes in Central Park, Omaha over the last 12 months is $415,000.
This is a very sharp property with many new windows, new carpet and fresh interior paint. Its large, light, open main level will delight you. There's a new kitchen too, with soon to arrive new range/oven and refrigerator. The main floor bath is new & nice & the 3/4 in the lower level is updated too. The flexible floor plan lends itself to both gathering and getting away, with 2 bedrooms and bath
That smell when you open the door is opportunity. No sugar coating it, this former rental is ugly and needs significant work. Two bedroom, one bathroom ranch, with detached garage is ready for you to bring back to life. See all agent remarks and property condition disclosures for additional condition information. Property sold as-is, with seller to make no repairs. Cash buyer only. AMA
Interested in learning more about homes in this area?
Reach out to
Jennifer Waxberg,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
1,881
Median Age
33
Population Density
9 ppl/acre
Population under 18
32.5%
Above the national average
23.8%
Population over 65
11.9%
Below the national average
19.1%
Finances
Median Household Income
$28,208
Significantly below the national average
$71,702
Average Household Income
$37,695
Education and Workforce
High School Graduates
72.1%
Below the national average
89.1%
College Graduates
4%
Significantly below the national average
34.1%
Advanced Degrees
1.1%
% Population in Labor Force
58.7%
Weather
Annual Precipitation
32''
Average Winter Low Temperature
16°F
Average Summer High Temperature
88°F
Annual Snowfall
15''
Area Factors
Somewhat Bikeable
Bike Score®
20/ 100
Car-Dependent
Walk Score®
40/ 100
Some Transit
Transit Score®
36/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
