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Do They Even Have Condos In Omaha, Nebraska?
Omaha is the county seat of Douglas County, and the largest city in the state of Nebraska. It is the 2ndlargest city in the Great Plains, with more than 486,000 people to its name. It is also the heart of the sprawling Omaha-Council Bluffs Metropolitan Area. I do mean ‘sprawling’ too. The metro spans 2 states and eight counties. More than 1.5 million people live within 50 miles of Downtown Omaha.
Omaha is the headquarters of 5 fortune 1000 companies, the largest privately held bank in the country, and 3 of the 10 largest engineering and architecture firms in the US. If you buy or rent a condo in Omaha, you’ll have access to everything you’d expect in a major world city. You could see any number of events at the Omaha Community Playhouse, the largest community theater in the United States. You could spend the day at the Joslyn Art Museum or the world-famous Lied Jungle at the Henry-Doorly Zoo.
History
History
A Brief History Of Omaha Before looking for Omaha condos for sale, consider the history of the city and the land it stands upon. ‘Omaha’ means ‘dwellers on the Bluff’ and refers to the Omaha Tribe that migrated to the area in the 17th century, along with the Ponca. Both Dhegiha-Siouan peoples originally from the Ohio River Valley. The first European settlement in the area was more arguably ‘American’, Fort Lisa was constructed in 1812. In 1854 the Omaha Tribe ceded the majority of east-central Nebraska to the federal government by treaty. The city of Omaha was established on Capitol Hill that same year. The state capital was established in nearby Lincoln in 1867.
Things to do in Omaha
Things to do in Omaha
Before you start Googling ‘Omaha, Nebraska condos for sale’, consider all of the entertainments and attractions the city has to offer, such as the Henry-Doorly Zoo. This draws more tourists to the city than anything other than the College World Series games. The historical Old Market neighborhood is worth an afternoon as well. Don’t forget the amenities of the countryside either.
Omaha, and the entire Omaha Metro Area, offers an array of diverse neighborhoods. Most of them were independent small towns before being ‘swallowed up’ by the city. Surely one of them will be to your tastes. How about:
Downtown is probably the place to look first if you are buying a condo in Omaha. It is the commercial and government hub of the Omaha-Council bluffs Metro Area, and stretches from 20th street to the Missouri River. Downtown has some of the largest, newest buildings in town, but also plenty of its oldest and grandest structures. Residential property values are high, as you might expect.
The Park east neighborhood is a great place for buying land in Omaha, if you can get your hands on some. It has been called ‘the gateway to downtown’, and it has more than its fair share of high-rises and condos. This is also where you’ll find the Joslyn Art Museum, the Omaha Children's Museum and the Rose Theater.
The Old Market is a great place to buy a condo in Omaha, especially if you like the look of converted factory and warehouse buildings. At street level, it is given over to the city’s trendiest restaurants and shops, as well as many art galleries. Its most striking features are its brick-lined streets and covered sidewalks.
A more recent development, Market west is a popular neighborhood in which to buy or rent a condo in Omaha. It can be found next to the Old Market and the Business District. Most of the buildings are historic warehouses, but many apartment and condo buildings have gone up in recent years.
Benson was a small town annexed by Omaha in 1917. It is a great place to buy land in Omaha, though there are few actual condos at the moment. It is largely residential, but it has the original town of Benson’s business district and a large city park as well.
Dundee, sometimes called Happy Hollow, is now part of midtown Omaha but was once an independent city, annexed in 1915. Dundee is where Warren Buffett lives, and where Henry Fonda grew up. It is slightly upscale from most of midtown Omaha, and has a large proportion of local businesses. You might find a condo in Omaha, Nebraska there, but it will be on the more densely populated edge.
Elkhorn was an independent town until it was annexed in 2007, when it had around 8000 residents. It is popular with married couples and families, and offers the kind of suburban ‘room to breathe’ which is so sought-after these days. As the area becomes more developed, more and more Omaha condos will be popping up in places like Elkhorn.
Florence is a good place to buy a condo in Omaha, Nebraska. It was originally one of the oldest cities in the region, and was incorporated by the Nebraska territorial Legislature, before it became a state. It features a large Mormon temple and a thriving business district of its own.
Millard was once a town as well, and the original business district of that town is often called ‘Old Millard’. It became part of Omaha in 1971, and it maintains much of its cultural identity still.
Omaha is located midway down the eastern border of the state, directly across the Missouri River from Council Bluffs, Iowa. Anyone searching for condos in Omaha should note that it is hundreds of miles from oceans or mountains, giving it a humid continental climate. It sees around 31 inches of rain in the average year, slightly below the national average. It makes up for this by getting 31 inches of snow most years, a few more inches than the average. It gets 214 sunny days per year on average, 9 more than most of the US. High temperatures in July tend to hover around 86 degrees, and the lows in January average around 13 degrees. Omaha sees 94 days of precipitation most years, and its terrain makes it prone to loud (but usually harmless) thunderstorms.
Omaha demographics
Omaha demographics
Omaha Demographics
Omaha, Nebraska’s population as of the 2020 census was 486,051, up from 408,945 in 2010. That kind of growth supports plenty of Omaha, NE condos and other high-density residential arrangements, in addition to the traditional single-family homes on the edges and suburbs of the city.
Just under 90% of Omaha residents over the age of 25 have high school diplomas, and just over 38% have a Bachelor’s degree or higher. The median household income was $62,213 in 2020, and the median value of owner-occupied housing units was $167,800.
Arts in Omaha
Arts in Omaha
When you are in the city, make sure to see the Omaha Symphony Orchestra play at the Holland Performing Arts Center, or catch a Creighton Bluejays game at Werner Park.
Omaha is a very inexpensive place to live. Whereas the cost of living in big cities is usually on the high end, Omaha is a great exception. The cost of living in Omaha is actually 8% lower than the national average! Finance magazine even named Omaha one of the most affordable places to live in the nation.
Omaha’s reputation for great food is well earned! Omaha is famous for the quality of its beef, and specifically for the amazing steaks and burgers you can get there. Ask about the ‘butterburgers’.
Omaha is not in a hurry. Unlike big cities on the coasts, you’re actually expected to have casual conversations on the sidewalk and devote the weekends to leisure time.
Omaha is a great place to work. Omaha’s unemployment rate is very low indeed. It has even been referred to as ‘Silicon Prairie’ due to the number of tech start-ups the city has spawned.
Schools in Omaha
Schools in Omaha
Omaha has plenty of great schools, from elementaries like Adams, Bancroft and Druid Hill and middle schools like Bryan, Lewis & Clark or Norris to high schools like Burke, Northwest and Benson. There are also many fine universities, including Bellevue, College of St. Mary, Creighton and UNO.
Why Omaha?
Why Omaha?
It certainly has proved to be for some. Omaha has a thriving economy based on agriculture and healthcare, 2 industries which have proven largely recession-proof so far. There are plenty of condos and high-rise apartment buildings both downtown and throughout midtown, and more seem to pop up every few years.
Omaha’s relaxed, friendly midwestern culture means a lot to potential homeowners and investors, and many who thought to be buying a rental property ended up staying for years, or permanently. Maybe it will be the same for you?
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