NE Omaha
Aksarben / Elmwood
Aksarben–Elmwood is one of Omaha's most livable and centrally located neighborhoods — the kind of place where you can walk to dinner, run the Keystone Trail before work, and be anywhere in the city in under 20 minutes. The neighborhood wraps around two anchors that define it: Aksarben Village, a walkable mixed-use district built on the grounds of the old Aksarben racetrack, and Elmwood Park, one of Omaha's largest green spaces at over 180 acres.
Aksarben Village has become one of the better dining and nightlife destinations in the city. Herbe Sainte brings serious New Orleans–style cocktail culture to the neighborhood. Backlot Taphouse does Detroit-style pizza. Inner Rail Food Hall gives you a dozen different options under one roof. Kinkaider Brewing, Mai Thai, Saffron for Indian, Roast Coffeehouse for your morning — it's the kind of walkable variety most Omaha neighborhoods don't have. Sonny's outdoor bar is the warm-weather spot. And if wings are your thing, Tracks Lounge has a legitimate claim to the best in Omaha.
Elmwood Park connects directly to the Keystone Trail, making it a daily destination for runners, walkers, and cyclists. The park also has an 18-hole golf course, open to the public. It's the kind of green space that actually factors into why people buy here.
Housing in Aksarben–Elmwood runs mostly early- to mid-century — craftsman bungalows, two-stories with original character, and thoughtfully updated properties throughout. There are also condos and townhomes mixed in, particularly closer to Aksarben Village. Prices reflect the neighborhood's location and reputation: this is one of central Omaha's more competitive markets, with strong resale values and consistent demand.
Schools
Most homes in Aksarben–Elmwood fall within Omaha Public Schools (OPS). Washington Elementary and Belle Ryan Elementary serve much of the neighborhood, with middle school pathways split between Lewis & Clark and Norris depending on your specific address. Central High School is the primary high school — one of Omaha's oldest and most established, with strong academic and magnet programs.
The split middle school feeds mean exact placement matters here — it's worth verifying your specific address before you get too attached to a particular home.
Free Address Lookup
Confirm Your School Assignment
Enter your specific address to see exactly which schools serve it — district, elementary, and boundary lines included.
Food, Nightlife & Local Anchors
Aksarben Village does the heavy lifting here — a walkable block of restaurants, bars, and coffee that most Omaha neighborhoods don't have. Tracks Lounge sits just outside the Village proper but earns its place on any short list.
Community & Events
Aksarben Village runs a regular lineup of community events throughout the year — outdoor concerts, seasonal festivals, and farmers markets that draw from across the city. The Village was designed with that kind of activation in mind, and it shows. University of Nebraska Omaha is just down the road, which adds energy and keeps the neighborhood feeling active year-round.
Parks, Trails & Green Space
Green space is one of the strongest arguments for this neighborhood — and you're spoiled for choice. Elmwood Park anchors the area with more than 180 acres of wooded trails and a historic public golf course. The Keystone Trail cuts right through for runners and cyclists. And over in Aksarben Village, Stinson Park becomes the neighborhood's outdoor living room every summer, with concerts and a weekly farmers market. For a central-Omaha location, the amount of usable outdoor space here is genuinely hard to beat.
A Little History
"Aksarben" is Nebraska spelled backwards — named that way in 1895 when the Knights of Aksarben built a horse racing track and coliseum on what was then the edge of the city. The track operated for a century before closing in 1995, and the grounds sat largely vacant until redevelopment began in the mid-2000s. What replaced it — Aksarben Village — is one of the better examples of adaptive reuse in the metro. The old racetrack became a walkable neighborhood center. The history is why the name stuck.
Homes in Aksarben & Elmwood
Homes here lean early- to mid-century, with a real mix of styles. You'll find brick ranches, craftsman bungalows, and two-stories with original character throughout the established blocks, plus newer condos and townhomes clustered closer to Aksarben Village. It's the kind of neighborhood where no two streets look quite the same.
EXPLORE OUR CENTRAL OMAHA FEATURED AREAS
Omaha Real Estate & Neighborhood Guides
Aksarben & Elmwood Park: Common Questions
Is Aksarben a good place to live?
For a lot of buyers, yes. Aksarben Village is one of Omaha's most walkable, amenity-rich pockets — built on the old Aksarben racetrack and now a mixed-use hub with restaurants, breweries, offices, Stinson Park, Baxter Arena, and the UNO Aksarben campus. The neighboring Elmwood Park area adds tree-lined streets and historic homes right next to one of the city's biggest parks. Together they pull in young professionals who want walkability and buyers who want character homes minutes from Midtown and downtown.
What's the difference between Aksarben Village and Elmwood Park?
Aksarben Village is the newer, denser, mixed-use development — condos, townhomes, apartments, and commercial space clustered around Stinson Park. Elmwood Park is the established residential neighborhood just to the west, known for 1920s–1940s bungalows and Tudors, mature trees, and easy access to Elmwood Park and its golf course. Most people use "Aksarben-Elmwood" to describe the whole area together.
What is there to do in Aksarben?
Plenty. Stinson Park hosts summer concerts, a farmers market, and community events; Baxter Arena brings in hockey and shows; and the Village is packed with restaurants, coffee shops, and breweries. Elmwood Park offers walking trails, a golf course, and one of Omaha's prettiest green spaces. You're also just minutes from UNO, Midtown Crossing, and Aksarben's growing office corridor.
Is Aksarben a good neighborhood for young professionals?
It's one of the most popular spots in Omaha for exactly that. The walkable mix of apartments, condos, and townhomes sits right next to where many people work and play — offices, gyms, nightlife, and Stinson Park events all within a few blocks. Commutes to downtown and the Aksarben/UNO corridor are short, which is a big draw for first-time buyers and renters-turned-owners.
How much do homes cost in Aksarben-Elmwood?
Most homes here sell in the high-$200,000s to low-$300,000s — the median closed price over the past year was about $288,000 (Great Plains Regional MLS, through May 2026). It's a small, fast-moving market, so prices swing month to month: from the low $200,000s for condos and smaller homes up past $400,000 for larger or fully updated properties. The most reliable gauge is live listings — see what's currently for sale below, or reach out and I'll send you an up-to-date snapshot for the exact style of home you're after.
What schools serve the Aksarben-Elmwood area?
The area is served by Omaha Public Schools, and it's within easy reach of the University of Nebraska Omaha's Aksarben and Dodge campuses. School assignments depend on your exact address — tell me the home you're considering and I'll confirm the boundary for you.
Thinking about Aksarben or Elmwood Park? Reach out and I'll walk you through current listings and pricing — no pressure.
RECENTLY SOLD LISTINGS
$256,000
Townhouse
$259,900
5583 Walnut ST, Omaha, NE 68106
Contract Pending Vaulted ceilings, abundant natural light, and a gas fireplace set the tone in this PRE-INSPECTED Walnut...
Listed by Michelle Gustafson BHHS Ambassador Real Estate
$435,000
Single Family Home
$435,000
5601 Briggs ST, Omaha, NE 68106
SSDL
Listed by Ali Rensch McBride NP Dodge RE Sales Inc 86Dodge
$349,000
Single Family Home
$349,000
1511 S 61 AVE, Omaha, NE 68106
WoW Amazing Aksarben brick ranch! Come take a look at this fully renovated 4 bedroom 2 full primary bedroom masterpiece...
Listed by Douglas Fliam Platinum Realty LLC
MARKET TRENDS
listing detail
Coming Soon
Commute Score
Coming Soon
Coming Soon
demographics
Population:
Density:
Households:
Gender
Coming Soon
Coming Soon
Coming Soon
Coming Soon

Chris Jamison
cjamison@nebraskarealty.com




