Nebraska’s high-end residential market displays a fascinating hierarchy of value, with thirty elite neighborhoods spanning from Whispering Ridge at $422,225 to Regency’s commanding $781,723 (per the Zillow Home Value Index). This premium market segment reveals distinct tiers of luxury, with seventeen neighborhoods positioned in the entry-luxury range ($422K-$500K), eight in the premium category ($500K-$600K), and an exclusive ultra-luxury segment of five neighborhoods above $600,000. Western Omaha’s overwhelming presence in these rankings, claiming the majority of positions across all tiers, establishes it as the epicenter of Nebraska’s luxury residential development.
The market’s evolution through 2024 reveals a story of remarkable stability and measured growth, with 29 of the 30 neighborhoods showing appreciation from June to November. While Omaha dominates in terms of sheer numbers, Lincoln’s two entries in the top 30 – Capitol Beach and High Ridge-Cushman – demonstrate exceptional vitality with the highest appreciation rates among neighborhoods with historical data. This pattern suggests that while Omaha, particularly its western region, remains Nebraska’s luxury leader, opportunities for significant appreciation exist beyond traditional premium locations.
1. Whispering Ridge (Omaha)
Situated in western Omaha’s expanding luxury corridor, Whispering Ridge has established itself as a premium residential destination with home values reaching $422,225 in November 2024, showing a healthy 2.6% increase from its June valuation of $411,598, though longer-term comparisons are limited by the absence of June 2023 data.
2. High Ridge-Cushman (Lincoln)
As Lincoln’s second-highest-valued neighborhood, High Ridge-Cushman demonstrates exceptional growth with values reaching $424,086 in November 2024, marking an impressive 7.7% increase since June 2023’s $393,712 valuation and a solid 2.9% gain from June 2024, establishing it as one of the market’s strongest performers in terms of appreciation.
3. Mission Hills (Omaha)
Mission Hills continues its upward trajectory in Omaha’s luxury market, with November 2024 values reaching $431,912, representing a modest 0.6% increase from June’s $429,212, reflecting the neighborhood’s stable position in the upper tier of Omaha’s residential communities despite limited historical data for longer-term comparison.
4. Torrey Pines (Omaha)
Torrey Pines showcases steady appreciation in Omaha’s competitive market, with values climbing to $441,354 in November 2024, marking a measured 1.6% increase from June 2023’s $434,386 valuation and a modest 0.4% gain since June 2024, demonstrating the neighborhood’s consistent, if conservative, growth pattern.
5. Armbrust Acres (Omaha)
Found in Omaha’s sought-after western region, Armbrust Acres has reached a valuation of $450,105 in November 2024, showing steady growth with a 0.8% increase from June’s $446,750, though the absence of June 2023 data limits insight into longer-term appreciation patterns.
6. Market West (Omaha)
Market West stands out as the only neighborhood showing a slight decline, with values dipping to $451,685 in November 2024 from June’s $452,938, marking a -0.3% change, though this minor adjustment should be viewed within the context of broader market stability where most areas showed positive growth.
7. Old Loveland (Omaha)
Old Loveland demonstrates robust short-term growth with values reaching $461,602 in November 2024, posting a notable 4.3% increase from June’s $442,738, positioning it among the stronger performers in terms of recent price appreciation despite the lack of June 2023 comparative data.
8. Pacific Hollow (Omaha)
In Omaha’s diverse luxury market, Pacific Hollow has achieved a valuation of $465,698 by November 2024, representing a solid 1.5% increase from June’s $459,037, reflecting the neighborhood’s steady growth trajectory in the competitive western Omaha market.
9. Mission Park (Omaha)
Mission Park’s value proposition continues to strengthen, reaching $471,514 in November 2024 and showing a reliable 1.4% increase from June’s $464,947, though the absence of June 2023 data prevents analysis of longer-term trends in this established community.
10. Spring Ridge (Omaha)
Spring Ridge maintains its position in Omaha’s upper-tier market with values reaching $471,784 in November 2024, showing modest growth of 0.6% from June’s $469,075, reflecting the neighborhood’s stable market position despite limited historical data for longer-term comparison.
11. Swanson Park (Omaha)
Swanson Park demonstrates strong market momentum with values reaching $472,199 in November 2024, posting an impressive 3.2% gain from June’s $457,578, positioning it among the more dynamic performers in Omaha’s luxury market for the second half of 2024.
12. Westside (Omaha)
Westside’s mature residential market maintains steady growth with values reaching $480,341 in November 2024, showing a measured 0.9% increase from June’s $475,958, reflecting the neighborhood’s established position in Omaha’s desirable central district.
13. Elkhorn (Omaha)
Elkhorn’s luxury segment continues its upward trajectory, with values reaching $482,257 in November 2024, marking a 1.6% increase from June 2023’s $474,744 and a modest 0.4% gain since June 2024, demonstrating the area’s sustained appeal in Omaha’s western expansion.
14. Loveland (Omaha)
Loveland showcases consistent market strength with values climbing to $482,672 in November 2024, representing a solid 1.5% increase from June’s $475,716, highlighting the neighborhood’s enduring appeal in Omaha’s competitive luxury market.
15. Falcon Ridge (Omaha)
Falcon Ridge exhibits robust growth with property values reaching $485,490 in November 2024, posting a strong 2.3% increase from June’s $474,718, underscoring the neighborhood’s rising prominence in Omaha’s luxury residential sector.
16. Ridgefield (Omaha)
Ridgefield maintains its market position with values reaching $500,297 in November 2024, showing a modest 0.5% increase from June’s $497,568, reflecting the stability of this established luxury community in western Omaha.
17. West Fairacres (Omaha)
West Fairacres demonstrates steady appreciation with values climbing to $502,338 in November 2024, posting a healthy 1.8% gain from June’s $493,622, reinforcing its position in Omaha’s half-million-dollar residential market.
18. Lindenwood (Omaha)
Lindenwood shows strong market performance with values reaching $509,193 in November 2024, achieving a notable 2.2% increase from June’s $498,445, highlighting the neighborhood’s growing appeal in Omaha’s luxury residential sector.
19. Eagle Run (Omaha)
Eagle Run continues its upward momentum with values reaching $516,476 in November 2024, posting a solid 1.9% gain from June’s $506,949, reflecting the sustained demand for this golf course community in northwest Omaha.
20. Bryn Mawr (Omaha)
Bryn Mawr maintains strong market presence with values reaching $517,016 in November 2024, showing a consistent 1.8% increase from June’s $507,750, demonstrating the neighborhood’s stable position in Omaha’s luxury market.
21. Western Hills (Omaha)
Western Hills exhibits robust growth with values climbing to $517,856 in November 2024, posting an impressive 3.2% increase from June’s $501,915, marking it as one of the stronger performers in recent months.
22. Capitol Beach (Lincoln)
Capitol Beach stands out as Lincoln’s highest-valued neighborhood and one of the market’s strongest performers, with values reaching $544,988 in November 2024, showing remarkable growth of 7.0% since June 2023’s $509,419 and an impressive 4.7% gain from June 2024.
23. Pacific Springs (Omaha)
Pacific Springs demonstrates significant market strength with values reaching $576,602 in November 2024, posting a strong 2.5% gain from June’s $562,643, solidifying its position in Omaha’s premium residential market.
24. Cambridge Oaks (Omaha)
Cambridge Oaks maintains its premium market position with values reaching $588,893 in November 2024, showing a steady 0.7% increase from June’s $584,916, reflecting the stability of this high-end residential enclave.
25. Huntington Park (Omaha)
Huntington Park shows consistent appreciation with values reaching $590,057 in November 2024, marking a 1.3% increase from June 2023’s $582,422 and a modest 0.6% gain since June 2024, demonstrating the neighborhood’s sustained position in Omaha’s luxury market.
26. Ridges (Omaha)
Ridges secures its position among Omaha’s elite neighborhoods with values reaching $639,061 in November 2024, posting a strong 2.1% increase from June’s $625,911, breaking into the exclusive group of neighborhoods valued above $600,000.
27. Bay Shores (Omaha)
Bay Shores maintains its ultra-luxury status with values reaching $651,399 in November 2024, showing steady growth of 1.0% from June’s $644,673, reinforcing its position among Nebraska’s most valuable residential areas.
28. Linden Park (Omaha)
Linden Park demonstrates consistent high-end market strength with values reaching $655,027 in November 2024, posting a solid 1.6% gain from June’s $644,708, maintaining its position among Omaha’s most prestigious addresses.
29. Pacific Pointe (Omaha)
Pacific Pointe shows remarkable growth in the ultra-luxury segment with values reaching $676,324 in November 2024, achieving an impressive 3.4% increase from June’s $653,923, marking it as one of the strongest performers in the premium market.
30. Regency (Omaha)
Regency retains its crown as Nebraska’s most valuable neighborhood with values reaching $781,723 in November 2024, posting a strong 2.8% increase from June’s $760,109, maintaining its significant lead over other luxury neighborhoods and cementing its position as the pinnacle of Nebraska’s residential real estate market.
