Why Live in Prospect Hill
Prospect Hill, located in near north Omaha, is a historic neighborhood known for its early 1900s American Foursquare homes, cottages, and bungalows. The area features mature tree-lined streets and occasional views of the downtown skyline. Preservation efforts have maintained the charm of the neighborhood, with many older homes being updated or fully renovated. Prospect Hill is close to downtown attractions like the College World Series, The RiverFront, and the Kiewit Luminarium, making it a convenient location for residents. The neighborhood includes small parks such as Franklin Park and larger ones like Adams Park, which offers basketball courts, playgrounds, and walking paths. Levi Carter Park, less than a 10-minute drive away, provides additional recreational opportunities with its baseball fields, basketball courts, and access to Carter Lake for fishing and boating. Local dining options include Big Mama’s Kitchen & Catering, known for its homemade specials and community contributions, and Jackson’s Fair Deal Café, which offers discounts to first responders and students. For shopping, Styles of Evolution and LeFlores New Look Fashions provide a range of clothing options, while Chubb’s Finer Foods offers fresh meats and fish. The neighborhood is safer than the national average, contributing to its appeal for long-term residents and newcomers alike.
Frequently Asked Questions
Is Prospect Hill a good place to live?
Prospect Hill is a good place to live. Prospect Hill is considered car-dependent and somewhat bikeable with some transit options. Prospect Hill has 5 parks for recreational activities. It is fairly dense in population with 11.0 people per acre and a median age of 29. The average household income is $41,588 which is below the national average. College graduates make up 9.5% of residents. A majority of residents in Prospect Hill are renters, with 64.4% of residents renting and 35.6% of residents owning their home. A
local real estate agent serving Prospect Hill can help you decide if this neighborhood is the right one for you. Learn more on our
Prospect Hill neighborhood guide.
How much do you need to make to afford a house in Prospect Hill?
The median home price in Prospect Hill is $386,990. If you put a 20% down payment of $77,400 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,000 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $86K a year to afford the median home price in Prospect Hill. The average household income in Prospect Hill is $42K.
What are the best public schools in Prospect Hill?
The best public schools that serve Prospect Hill are:
What are the best private schools in Prospect Hill?
The best private schools that serve Prospect Hill are:
What are the most popular zip codes in Prospect Hill, Omaha, NE?
What are the most popular neighborhoods near Prospect Hill, Omaha, NE?
Home Trends in Prospect Hill, NE
On average, homes in Prospect Hill, Omaha sell after 55 days on the market compared to the national average of 70 days. The median sale price for homes in Prospect Hill, Omaha over the last 12 months is $550,000, up 32% from the median home sale price over the previous 12 months.
Median Sale Price
$550,000
Median Single Family Sale Price
$505,000
Median Townhouse Sale Price
$279,990
Average Price Per Sq Ft
$219
Number of Homes for Sale
3
Last 12 months Home Sales
55
Median List Price
$386,990
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
32%