Why Live in Underwood Avenue
Underwood Avenue in Omaha is an appealing neighborhood for first-time home buyers and young families, known for its walkability to schools, restaurants, and parks. Located just blocks from the University of Nebraska Medical Center, it offers a convenient location for many residents. The neighborhood features historic homes, including turn-of-the-20th-century cottages and bungalows, often at more competitive prices compared to nearby Dundee. Home styles include two-story colonials and classic Craftsman houses, attracting preservationists and lovers of old homes. The community vibe is strong, with frequent outdoor events, parades, and local ice cream parlors. Dundee Elementary, Lewis and Clark Middle, and Central High are the local schools, with Central High boasting a high rating and offering International Baccalaureate and STEM courses.
Points of interest include the Dundee Community Garden, which donates produce to local residents, and the 65-acre Memorial Park, known for its summer concert series and the “Embracing Peace” sculpture. For things to do, residents enjoy Lola’s Café for pastries and coffee, Rathskeller Bier Haus for German beers and food, and Chris Janicek’s Cake Box for custom cakes. Shopping options include Walmart Neighborhood Market and Walgreens, with unique shops like Dundee Flea and Albany and Avers offering vintage and sustainable items. The neighborhood is safer than the national average, making it a practical choice for families.
Frequently Asked Questions
Is Underwood Avenue a good place to live?
Underwood Avenue is a good place to live. Underwood Avenue is considered fairly walkable and bikeable with some transit options. Underwood Avenue is a suburban neighborhood. Underwood Avenue has 6 parks for recreational activities. It is very dense in population with 16.3 people per acre and a median age of 37. The average household income is $64,183 which is below the national average. College graduates make up 51.5% of residents. A majority of residents in Underwood Avenue are renters, with 73.2% of residents renting and 26.8% of residents owning their home. A
local real estate agent serving Underwood Avenue can help you decide if this neighborhood is the right one for you. Learn more on our
Underwood Avenue neighborhood guide.
Is Underwood Avenue, NE a safe neighborhood?
Underwood Avenue, NE is less safe than the average neighborhood in the United States. It received a crime score of 6 out of 10.
How much do you need to make to afford a house in Underwood Avenue?
The median home price in Underwood Avenue is $89,900. If you put a 20% down payment of $18,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $470 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $20K a year to afford the median home price in Underwood Avenue. The average household income in Underwood Avenue is $64K.
What are the best public schools in Underwood Avenue?
The best public schools that serve Underwood Avenue are:
What are the best private schools in Underwood Avenue?
The best private schools that serve Underwood Avenue are:
What are the most popular zip codes in Underwood Avenue, Omaha, NE?
What are the most popular neighborhoods near Underwood Avenue, Omaha, NE?
Home Trends in Underwood Avenue, NE
On average, homes in Underwood Avenue, Omaha sell after 140 days on the market compared to the national average of 70 days. The median sale price for homes in Underwood Avenue, Omaha over the last 12 months is $74,900.
Median Sale Price
$74,900
Median Single Family Sale Price
$74,900
Average Price Per Sq Ft
$67
Number of Homes for Sale
0
Last 12 months Home Sales
1
Median List Price
$89,900
Median Change From 1st List Price
17%