Why Live in Fairacres
Fairacres, a prestigious neighborhood in Omaha, is known for its iconic homes built between 1905 and 1927, reminiscent of old Hollywood mansions. These properties, often gated with grand entrances and elegant outdoor spaces, include styles such as Brick Tudors, Colonial Revivals, Georgian, Craftsman, and large ranch-style homes. Located about five miles from downtown Omaha, Fairacres is surrounded by towering oaks and pines, with winding roads leading to its stately residences. Elmwood Park, just 1.5 miles south, offers attractions like an 18-hole golf course, playground, swimming pool, and scenic trails. Memorial Park, to the east, is a 65-acre green space dedicated to veterans, featuring a bronze sculpture and hosting the annual Memorial Park Concert and Fireworks Show. The Omaha Community Playhouse, bordering Fairacres to the west, is a significant arts venue with 11 shows annually. The Omaha Public School District serves the area, with Central High School offering a high rating and an International Baccalaureate Program. Dining options include Avoli Osteria for Northern Italian cuisine and Dundee Dell for elevated bar food. Grocery needs are met by Aldi and Trader Joe's, while crafting supplies are available at Michaels. Public transportation is accessible via bus stops along Dodge Street and 72nd Street, with routes to downtown Omaha. Eppley Airfield, 10 miles northeast, provides convenient travel options with about 25 nonstop destinations.
Home Trends in Fairacres, NE
On average, homes in Fairacres, Omaha sell after 52 days on the market compared to the national average of 70 days. The median sale price for homes in Fairacres, Omaha over the last 12 months is $572,500, up 4% from the median home sale price over the previous 12 months.
Median Sale Price
$572,500
Average Price Per Sq Ft
$282
Number of Homes for Sale
0
Last 12 months Home Sales
2
Median List Price
$572,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
4%