Fairacres sits in Midtown Omaha on parcels that were platted long before anyone thought in terms of subdivisions, and the housing stock reflects that: more than half of the homes for sale here are detached houses, standing on their own lots with their own roofs, walls and yards. That shapes what you shop for. You are largely looking at whole buildings rather than interiors, which means the exterior, the grounds and the mechanical systems come with the keys. Stevens Real Estate works this pocket of Midtown closely and knows how these properties differ block to block. Come in knowing what you want from a lot and a floor plan, and the search narrows quickly.
< Search all Homes for Sale in Midtown Omaha, NE
Fairacres at a Glance
- County
- Douglas County
- Typical sold price
- $531,000 (median of 36 sales, past 12 months)
- Typical home
- 3,018 sq ft (n=36) · 3 bed / 3 bath (medians, n=36)
- Typical days to sell
- 47 days (median of 36 closed home sales, past 12 months)
- Months of supply
- 2 (seller's market)
- Sold-to-list
- 100% of asking (median per home sale, n=36)
- Data current as of
- September 2026
What ownership asks of you in Fairacres
The typical house here dates to 1958, so assume the furnace, the water heater, the roof and the wiring have already been through at least one replacement cycle. The useful question is not whether a system has been renewed but when, and what that puts on your calendar over the next decade. A three-bedroom, the layout that trades most often, runs around $450,000, and at that price you own the whole envelope: gutters, grading, driveway, trees. Establish early whether a listing falls under an association with dues and governing documents or sits in no subdivision at all, because the two arrangements ask very different things of an owner. Center Park is a short drive from Fairacres, worth knowing if you are weighing how much yard you actually need. On a lot this vintage, the maintenance year is yours to schedule.
Worth confirming before you write an offer
- Read the association's rental rules, including any minimum lease term and cap on rentals, before you count on rental income.
- Whether the home is within a historic district with design restrictions.
- Property tax and assessment history for older parcels.
Buying here with Stevens Real Estate
Stevens Real Estate has spent years in Fairacres and knows how these houses are built, what an older Midtown structure tends to ask of its owner, and where the real differences between two similar listings sit. That knowledge shows up simply: walking a property with you and talking plainly about what you would be taking on, so the numbers on a listing sheet turn into something you can picture living with. The decision in front of you is how much house and how much upkeep you want to hold, and that is a decision worth making with someone who has seen the stock. Take it at your own pace and settle on a home that suits how you actually live.
