$413,284Average Value$286Average Price per Sq Ft17Homes For Sale
The heart of Omaha welcomes massive redevelopment
Overlooking the Missouri River, Downtown Omaha features a blend of cobblestone streets, historic buildings and modern skyscrapers. “Downtown Omaha, besides being the historic heart of Omaha, is also the business and financial district,” says Michael Maley, Realtor and team lead at M2 Real Estate Group, a Berkshire Hathaway Home Services company. “And it is booming right now. There’s no better time to live in Downtown, and watch the massive transformations going on. From the new 44-story Mutual of Omaha Tower and the Omaha Streetcar coming in 2027 to the massive multi-use park at The RiverFront, there is something new to see in every corner of the city.”
Named “Omaha’s $8 Billion Makeover” by Mayor Jean Stothert, more than 20 construction projects are under way, including redevelopment of The Capitol District and the new Omaha Performing Arts Center. In 2026, Alliance Sports Development will unveil a 7,000-seat stadium for The Union Omaha, the city’s professional soccer team, alongside retail, residential and hotel space. With five Fortune 500 companies calling Omaha home, one expectation of this ongoing transformation – in addition to job growth and tax revenue for the city – is driving Omaha up the list of convention destinations. In support of that vision, Eppley Airfield is undergoing a $950 million expansion which includes capacity upgrades, and no fewer than 10 hotels are planned to open by 2030 in Downtown Omaha.
Farnam St
Downtown Omaha offers many condo options from new construction to renovated builds.
If condo life is the life for you, Downtown Omaha has you covered.
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Old Market serves as a hub for shopping, dining and nightlife
The historic brick buildings in downtown’s Old Market district teem with restaurants, shops and nightclubs. A stroll along Howard and Jackson streets leads to eclectic stores such as Hollywood Candy and Homer’s, a destination for vinyl-record collectors since 1971. For dining out, local favorites include Plank Seafood Provisions’ oyster bar and Twisted Fork’s grown-up take on American comfort foods, such as gouda mac and cheese. A night out could be spent with friends, cocktails and live jazz at Mr. Toad.
Downtown hosts small food markets, such as Cubby’s on 13th Street. A more extensive selection of groceries can be found at DGX on South 16th Street. After-dinner theater is popular at the Rose Theater, home to the Omaha Theater Company, one of the largest touring companies in the country. It presents family productions, including Coraline and Cat Kid Comic Club.
Many sculptures and art installations can be found at Gene Leahy Mall in Downtown Omaha.
Arches playground at the Gene Leahy Mall at The RiverFront.
The Gene Leahy Mall in Downtown Omaha is a popular attraction.
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Modern streetcars are coming to Downtown Omaha in 2027
With continued growth in Omaha, the city is bringing modern streetcars to Downtown, which are set to open in late 2027. The first phase "will significantly elevate the quality of life in downtown Omaha," says Tim Reeder, co-owner and co-broker with Better Homes and Garden Real Estate, The Good Life Group. The free-to-ride streetcar will connect The RiverFront to the Blackstone neighborhood, about 3 miles. Future phases are expected to extend to the University of Nebraska Medical Center. The streetcar will enhance and support the city’s bus system, Metro Area Transit, which operate more than 27 routes and 2,000 stops.
Omaha Eppley Airfield is 3 miles north of Downtown, from which flights depart to more than 30 domestic destinations. It is in the midst of a $950 million renovation, an expansion project to add parking, 22 gates, centralized security screening and a covered front entrance.
Bicycles are an increasingly popular way to get around. The Metro Area Bike Map displays bike lanes, paved trails, bicycle-friendly roads, and bridges in Omaha. The city offers more than 85 miles of paved and interconnected trails and bike lanes.
A $325 million development showcases Omaha’s new RiverFront park
The RiverFront in Downtown Omaha opened in 2018 at the meeting point of the Missouri River and the Gerald R. Ford Expressway. It links Downtown and the historic Old Market district to three connected parks. The Gene Leahy Mall, the first park, offers 15 acres with a large playground, a sculpture garden, a cove for remote-controlled boat models, and an amphitheater. Reeder says, “Heartland of America Park has an ice skating area that doubles as a roller skating spot in the warmer months. It’s also the place to take kids during the holidays when it’s filled with Christmas Lights.” The Lewis and Clark Landing overlooks the Missouri River just east of the CHI Health Center Omaha Arena and Convention Center. Built on once-barren concrete, its rebirth features an urban beach with firepits, sand volleyball courts and a winding prairie garden.
CHI Health Center hosts some of the best events in town.
The CHI Health Center in Downtown Omaha brings major artis from around the world.
Charles Schwab Field. Home of the College World Series.
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Downtown events are year-round and continually expanding
The city's sports centerpiece is the annual men's College World Series in June at Charles Schwab Field on Mike Fahey Street. The CHI Health Center Arena and Convention Center on North 10th Street offers an 18,000-seat arena that welcomes professional sports games, the annual shareholders’ meeting of Omaha-based Berkshire Hathaway, and internationally known bands, including U2 and The Rolling Stones.
Downtown housing offers townhouses and a wide range of condominiums
“I never have to convince someone to live in Downtown Omaha,” says Reeder, “Either you’re a city person or you’re not.” Downtown buyers are a mix of young, single professionals without kids and young families with both parents working in Downtown. Reeder adds, “Downtown buyers often have a passion for the arts and civic engagement that drives them to live right in the heart of the city.” One to two-bedroom condominiums in four-story mid-rises have recently sold from $140,000 to about $280,000. Luxury high-rise riverfront condominiums have recently sold from about $300,000 to over $1 million.
Students in Downtown can attend highly-rated Central High Schools
Public school students may attend Kellom Elementary, Lewis and Clark Middle and Central High. Part of the Omaha Public Schools district, the elementary and middle schools score C-minus Niche grades, while the high school earns a B-plus rating. Famous alums of Central High include Academy Award-winning actor Henry Fonda, Warren Buffet’s partner and billionaire investor Charlie Munger, and Gerry Thomas, the inventor of the TV dinner. Central High offers Advanced Placement classes and an International Baccalaureate program.
Crime
Downtown Omaha’s overall CAP Index crime score is 9 (on a scale of 1 to 10), while a score of 4 is the U.S. average.
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
On average, homes in Downtown Omaha, Omaha sell after 36 days on the market compared to the national average of 53 days. The median sale price for homes in Downtown Omaha, Omaha over the last 12 months is $336,000, down 2% from the median home sale price over the previous 12 months.
This absolutely stunning condo is now available! This property has 1,728 sprawling square feet that look over the river and the pedestrian bridge. Everything is located on one convenient floor, every room in the condo has magnificent floor to ceiling windows. The kitchen has ample cabinet space, a breakfast bar type island and creates an open concept vibe with the living room and dining room. The
If you have been looking for that perfect downtown loft in the middle of everything, this is it! Fantastic loft in the heart of Omaha's Old Market in one of the premier and sought after buildings. Soaring ceilings, old character and modern design. You will love the views from your floor to ceiling windows. Steps from everything. You will love becoming a regular at some of Omaha's most iconic
Live in a piece of Omaha history in this 1-bedroom, 1-bath condo located in the historic Old First National Bank building. Built in 1917, this former bank was one of Omaha’s earliest skyscrapers and still features its original bank vault in the basement—yours to explore. This unit offers privacy with no neighbors above or below, plus free laundry just down the hall and a fitness room on the same
Discover this inviting 2-bedroom, 1-bathroom condominium located in the historic Regis building in downtown Omaha. This 1062 sq ft unit offers a spacious layout with ample natural light. The open concept living area seamlessly connects to the kitchen, making it ideal for both relaxation and entertaining. Washer and dryer are conveniently located in the unit. Access to dining, shopping,
Dizzy Mule Apartments | A cornerstone to the Millwork Commons District in historic North Omaha, NE | Where celebration of art and history meets modern convenience
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