Nebraska’s most valuable residential neighborhoods showcase a significant range in home values, spanning from $451,685 in Market West to $781,723 in Regency according to the most recent Zillow Home Value Index data. This spread illustrates the diverse luxury housing market in Nebraska, with 24 of the top 25 neighborhoods located in Omaha and just one – Capitol Beach – representing Lincoln. The concentration of premium neighborhoods in Omaha, particularly in the western part of the city, highlights the city’s dominance in the state’s high-end residential market. You can compare these with the most affordable suburbs in Nebraska.
The market showed remarkable stability from June to November 2024, with only one neighborhood (Market West) experiencing a slight decline of -0.3%. Capitol Beach in Lincoln demonstrated the strongest growth at 4.7%, while most other neighborhoods showed modest appreciation. The top five most expensive neighborhoods, all commanding values above $639,000, represent the pinnacle of Nebraska’s residential real estate, while the bottom five neighborhoods, ranging from $450,000 to $472,000, illustrate the entry point into the state’s premium housing market.
Map of the Most Expensive Suburbs
Overview Chart
1. Market West (Omaha)
Market West shows home values of $451,685 as of November 2024, decreasing slightly from $452,938 in June 2024, representing a -0.3% change over this five-month period. This neighborhood is unique in being the only area in the top 25 to show a decline during this period.
Market West is situated in western Omaha, providing easy access to major transportation routes. The neighborhood is known for its mix of residential and commercial development, creating a vibrant suburban atmosphere.
2. Old Loveland (Omaha)
Old Loveland’s home values reached $461,602 in November 2024, up from $442,738 in June 2024, showing a significant increase of 4.3% over this period. This substantial growth rate was one of the highest among all top 25 neighborhoods.
Located in central Omaha, Old Loveland is a well-established neighborhood with mature trees and traditional architecture. The area benefits from its proximity to Loveland Lake and various community amenities.
3. Pacific Hollow (Omaha)
Pacific Hollow’s November 2024 home values stood at $465,698, increasing from $459,037 in June 2024, representing a 1.5% growth over the five-month period. This steady appreciation reflects the neighborhood’s stable market position.
Pacific Hollow is nestled in west Omaha, offering residents a suburban feel with urban conveniences. The neighborhood is characterized by its well-maintained properties and family-friendly atmosphere.
4. Mission Park (Omaha)
Mission Park exhibited home values of $471,514 in November 2024, up from $464,947 in June 2024, showing a modest 1.4% increase. This growth demonstrates the neighborhood’s steady market performance.
Located in west Omaha, Mission Park is known for its spacious lots and community-oriented design. The neighborhood offers easy access to shopping and dining options while maintaining a peaceful residential character.
5. Spring Ridge (Omaha)
Spring Ridge home values reached $471,784 in November 2024, showing a slight increase from $469,075 in June 2024, representing a 0.6% growth. This modest appreciation indicates market stability in the area.
Spring Ridge is positioned in west Omaha, featuring well-planned residential developments. The neighborhood is known for its modern amenities and strong community feel.
6. Swanson Park (Omaha)
Swanson Park’s home values increased to $472,199 in November 2024 from $457,578 in June 2024, showing a robust 3.2% growth. This significant appreciation rate indicates strong market demand in the area.
Situated near Swanson Park and Lake, this neighborhood offers residents excellent recreational opportunities. The area combines natural beauty with suburban convenience.
7. Westside (Omaha)
Westside showed home values of $480,341 in November 2024, up from $475,958 in June 2024, representing a modest 0.9% increase. This steady appreciation reflects the neighborhood’s established market position.
The Westside neighborhood is centrally located in Omaha, known for its excellent schools and community amenities. It offers residents a perfect blend of suburban comfort and urban accessibility.
8. Elkhorn (Omaha)
Elkhorn’s home values reached $482,257 in November 2024, showing a slight increase from $480,121 in June 2024, representing a 0.4% growth. This modest appreciation reflects the area’s stable market conditions.
Originally a separate city, Elkhorn is now a thriving part of western Omaha. The area maintains its distinct character while offering modern amenities and excellent schools.
9. Loveland (Omaha)
Loveland showed home values of $482,672 in November 2024, up from $475,716 in June 2024, representing a 1.5% increase. This growth rate indicates steady market appreciation in the area.
Loveland is situated in central Omaha, offering residents a well-established community environment. The neighborhood is known for its tree-lined streets and proximity to recreational facilities.
10. Falcon Ridge (Omaha)
Falcon Ridge’s home values increased to $485,490 in November 2024 from $474,718 in June 2024, showing a solid 2.3% growth. This appreciation rate demonstrates the neighborhood’s strong market position.
Located in west Omaha, Falcon Ridge offers residents upscale suburban living. The neighborhood is characterized by its newer developments and modern community planning.
11. Ridgefield (Omaha)
Ridgefield home values reached $500,297 in November 2024, showing a slight increase from $497,568 in June 2024, representing a 0.5% growth. This modest appreciation indicates market stability in this higher-value area.
Ridgefield is positioned in west Omaha, offering an upscale suburban lifestyle. The neighborhood is known for its well-maintained properties and strong community atmosphere.
12. West Fairacres (Omaha)
West Fairacres showed home values of $502,338 in November 2024, increasing from $493,622 in June 2024, representing a 1.8% growth. This steady appreciation reflects the neighborhood’s desirable market position.
West Fairacres is located in central Omaha, known for its historic charm and established character. The neighborhood offers residents a blend of classic architecture and modern amenities.
13. Lindenwood (Omaha)
Lindenwood’s home values reached $509,193 in November 2024, up from $498,445 in June 2024, showing a solid 2.2% increase. This growth rate indicates strong market performance in the area.
Situated in west Omaha, Lindenwood offers residents an upscale suburban environment. The neighborhood is characterized by its mature landscaping and well-planned community layout.
14. Eagle Run (Omaha)
Eagle Run exhibited home values of $516,476 in November 2024, increasing from $506,949 in June 2024, representing a 1.9% growth. This appreciation demonstrates the neighborhood’s strong market position.
Located in northwest Omaha, Eagle Run is known for its golf course community setting. The neighborhood combines recreational amenities with upscale residential living.
15. Bryn Mawr (Omaha)
Bryn Mawr showed home values of $517,016 in November 2024, up from $507,750 in June 2024, representing a 1.8% increase. This steady growth reflects the neighborhood’s established market presence.
Bryn Mawr is positioned in west Omaha, offering residents a prestigious address. The neighborhood is known for its architectural diversity and strong community ties.
16. Western Hills (Omaha)
Western Hills’ home values increased to $517,856 in November 2024 from $501,915 in June 2024, showing a significant 3.2% growth. This robust appreciation rate indicates strong market demand in the area.
Western Hills is situated in west Omaha, providing residents with elevated views of the city. The neighborhood is characterized by its spacious lots and established landscaping.
17. Capitol Beach (Lincoln)
Capitol Beach demonstrated impressive growth with home values reaching $544,988 in November 2024, up from $520,636 in June 2024, representing a remarkable 4.7% increase. This growth rate was the highest among all top 25 neighborhoods.
Located in Lincoln, Capitol Beach is unique for its lakeside setting and recreational opportunities. The neighborhood stands out as the only Lincoln community in the top 25, offering residents a distinctive waterfront lifestyle.
18. Pacific Springs (Omaha)
Pacific Springs showed strong home values of $576,602 in November 2024, increasing from $562,643 in June 2024, representing a solid 2.5% growth. This appreciation rate demonstrates the neighborhood’s premium market position.
Situated in west Omaha, Pacific Springs offers residents an upscale suburban environment. The neighborhood is known for its golf course views and luxury homes.
19. Cambridge Oaks (Omaha)
Cambridge Oaks’ home values reached $588,893 in November 2024, up from $584,916 in June 2024, showing a modest 0.7% increase. This growth reflects the stability of this high-end market segment.
Located in west Omaha, Cambridge Oaks represents luxury suburban living. The neighborhood is distinguished by its elegant homes and meticulously maintained landscapes.
20. Huntington Park (Omaha)
Huntington Park showed premium home values of $590,057 in November 2024, up from $586,606 in June 2024, representing a modest 0.6% increase. This steady appreciation reflects the neighborhood’s position in the luxury market segment.
Situated in west Omaha, Huntington Park offers residents an exclusive suburban lifestyle. The neighborhood is known for its architectural standards and premium amenities.
21. Ridges (Omaha)
Ridges demonstrated luxury-level home values of $639,061 in November 2024, up from $625,911 in June 2024, showing a solid 2.1% growth. This appreciation rate indicates strong demand in this high-end market segment.
Located in west Omaha, Ridges is one of the area’s most prestigious neighborhoods. The community is characterized by its elevated location and expansive luxury homes.
22. Bay Shores (Omaha)
Bay Shores exhibited premium home values of $651,399 in November 2024, increasing from $644,673 in June 2024, representing a 1.0% growth. This steady appreciation reflects the neighborhood’s established position in the luxury market.
Situated near water features in west Omaha, Bay Shores offers residents an exclusive waterfront lifestyle. The neighborhood combines natural beauty with luxury living.
23. Linden Park (Omaha)
Linden Park showed impressive home values of $655,027 in November 2024, up from $644,708 in June 2024, representing a 1.6% increase. This growth demonstrates the neighborhood’s strong position in the luxury market.
Located in west Omaha, Linden Park represents the pinnacle of suburban luxury living. The neighborhood is distinguished by its extensive green spaces and architectural excellence.
24. Pacific Pointe (Omaha)
Pacific Pointe reached remarkable home values of $676,324 in November 2024, increasing from $653,923 in June 2024, showing a substantial 3.4% growth. This significant appreciation rate indicates strong demand for this premium neighborhood.
Situated in west Omaha, Pacific Pointe offers residents an ultra-luxury living environment. The neighborhood is known for its exceptional homes and exclusive community features.
25. Regency (Omaha)
Regency stands at the pinnacle of Nebraska’s residential market with home values reaching $781,723 in November 2024, up from $760,109 in June 2024, representing a strong 2.8% increase. This appreciation confirms its position as the most valuable neighborhood in the state.
Located in central-west Omaha, Regency has long been synonymous with luxury living in Nebraska. The neighborhood combines historic prestige with modern luxury, featuring some of the most architecturally significant homes in the region.
