Fairacres is a pocket of Midtown Omaha built around established single-family houses on settled streets, and that is essentially the whole of it. There is no condo tier here, no villa alternative, no new-construction phase running alongside the older stock. What you are shopping is one product: a house with its own lot, its own roof, its own driveway and its own yard, in a part of Douglas County where the streets were laid out long ago and have not changed much since. That simplicity is useful. Instead of choosing between property types, you are comparing one house against another on condition, layout and what has already been updated. Stevens Real Estate works this area closely and knows the homes for sale here street by street.
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Fairacres at a Glance
- County
- Douglas County
- Typical sold price
- $530,000 (median of 29 sales, past 12 months)
- Typical home
- 2,994 sq ft (n=29) · 3 bed / 3 bath (medians, n=29)
- Typical days to sell
- 46 days (median of 29 closed home sales, past 12 months)
- Months of supply
- 2.1 (seller's market)
- Sold-to-list
- 100% of asking (median per home sale, n=29)
- Data current as of
- August 2026
What owning a house here asks of you
The typical home in Fairacres dates to 1958, so assume the major systems have already been replaced at least once and make your question when rather than whether. Ask about the age of the furnace, the roof, the panel and the sewer line on anything you are serious about, and read the answers together rather than one at a time. Ownership of a detached house also means the exterior is entirely yours to schedule and fund. Find out whether a given address falls under an association with rules and documents or sits in no subdivision at all, since that changes what you can do to the property. Center Park is a short drive from Fairacres, worth knowing if proximity to green space shapes where you look.
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.
Having Stevens Real Estate alongside you
We spend our time in Fairacres, and that shows up in small, practical ways. Walk through an older house with us and you will get a straight read on what has already been dealt with and what is still ahead of you, before you are deciding under pressure with an offer deadline in front of you. That is most of the job here: knowing these houses well enough to tell you what you are actually buying. The rest is yours. You know how you want to live, what you are willing to take on, and what you would rather someone else has already handled. Our part is making sure you choose with your eyes open, and end up in a house you are glad you picked.
