Real Estate

Midtown Crossing NE Home Prices & Commission Data 2026

Jan 1, 2025

Midtown Crossing is a neighborhood in Omaha, Douglas County, Nebraska, anchored by the mixed-use development surrounding Turner Park at the intersection of Farnam Street and Turner Boulevard. Originally built on the former site of the Mutual of Omaha campus parking lots, this master-planned urban neighborhood features luxury condominiums, upscale apartments, ground-floor retail, and direct access to Turner Park's 8.5 acres of green space, making it one of Omaha's most walkable and amenity-rich residential environments with price points that reflect its premium positioning.

Key Takeaways

  • Median home price of $385,000 for condominiums and townhomes according to the Great Plains Regional MLS, representing Omaha's highest-priced urban condo market

  • Average commission per transaction of $10,010 based on prevailing rates, with luxury units above $500,000 generating commissions exceeding $14,000 per deal

  • 72 residential transactions in 2025 according to the Omaha Area Board of Realtors, reflecting the niche nature of this compact urban neighborhood

  • Year-over-year appreciation of 5.8% according to Zillow Research, driven by remote worker demand and the Mutual of Omaha campus redevelopment

  • The US Tech Automations platform helps agents farm this high-value, low-volume market through automated relationship nurturing and equity-based listing alerts


Home Price Analysis

What are current home prices in Midtown Crossing? According to the Great Plains Regional MLS and Douglas County Assessor, Midtown Crossing's residential market is predominantly condominiums and townhomes within the mixed-use development, with prices ranging from studio units to luxury penthouses.

Price Metric2025 Value2024 ValueYear-Over-Year Change
Median Sale Price$385,000$364,000+5.8%
Average Sale Price$412,000$388,000+6.2%
Price per Square Foot$298$278+7.2%
Lowest Sale$195,000$182,000+7.1%
Highest Sale$825,000$785,000+5.1%
Median HOA Fee (Monthly)$425$405+4.9%

According to Zillow Research, Midtown Crossing's price per square foot of $298 is the highest of any residential neighborhood in the Omaha metro, reflecting the premium buyers place on the walkable urban lifestyle, Turner Park proximity, and ground-floor retail amenities. This per-square-foot figure exceeds even Dundee-Happy Hollow's $218 per square foot.

Midtown Crossing condominiums priced between $325,000 and $425,000 accounted for 52% of all closed transactions in 2025 according to the Great Plains Regional MLS, establishing this band as the neighborhood's volume core where first-floor and mid-rise units attract young professionals and downsizing empty nesters.

How do Midtown Crossing prices compare to other Omaha urban neighborhoods? According to the Omaha Area Board of Realtors, Midtown Crossing commands a significant premium over most Omaha neighborhoods, though its condo-dominant inventory makes direct comparison complex.

NeighborhoodMedian PricePrice/Sq FtAvg DOMPrimary Type
Midtown Crossing$385,000$29824Condo/Townhome
Blackstone District$355,000$22520Mixed SFR/Condo
Old Market$365,000$26826Loft/Condo
Dundee-Happy Hollow$425,000$21818Single-Family
Aksarben Village$345,000$23516Mixed SFR/Condo
Benson$265,000$18514Single-Family

Price Segmentation by Unit Type

According to the Douglas County Assessor and Great Plains Regional MLS, Midtown Crossing's residential inventory spans several distinct product types with varying price characteristics.

Unit TypePrice RangeAvg Sq FtAnnual Sales% of Market
Studio/1BR Condo$195,000-$265,0006801216.7%
2BR Standard Condo$285,000-$385,0001,0502838.9%
2BR Premium Condo$385,000-$525,0001,3501825.0%
3BR Penthouse/Townhome$525,000-$825,0001,850811.1%
Live/Work Unit$345,000-$465,0001,20068.3%

What drives the price premium for Midtown Crossing penthouses? According to the Douglas County Assessor, penthouse units with Turner Park views command a 35-45% premium per square foot over comparable lower-floor units. According to the National Association of Realtors, view premiums in urban condo markets typically range from 20-40%, making Midtown Crossing's Turner Park view premium consistent with national patterns for park-adjacent properties.

Floor LevelAvg Price/Sq FtView PremiumAvg Sale Price
Ground/1st Floor$255Baseline$275,000
2nd-3rd Floor$285+12%$342,000
4th-6th Floor$310+22%$418,000
Penthouse (7th+)$365+43%$675,000

Commission Structure and Agent Economics

How much do agents earn on Midtown Crossing transactions? According to the Nebraska Real Estate Commission and Omaha Area Board of Realtors, commission structures in Midtown Crossing follow Omaha metro norms, though the higher price points generate stronger per-transaction economics.

Commission ComponentMidtown CrossingOmaha Metro
Typical Listing Commission2.7%2.7%
Typical Buyer Commission2.5%2.5%
Avg Commission/Transaction (Buyer)$9,625$6,325
Avg Commission/Transaction (Listing)$10,395$6,831
Avg Combined Transaction Value$10,010$6,578
Annual GCI (10 transactions)$100,100$65,780
Annual GCI (15 transactions)$150,150$98,670
Luxury Unit Commission (Avg)$14,850N/A

According to the Bureau of Labor Statistics, real estate agents in the Omaha-Council Bluffs MSA earned a median annual income of $52,400 in 2025. Agents who specialize in Midtown Crossing and adjacent urban neighborhoods can significantly exceed this figure through higher per-transaction commissions, even with the lower transaction volumes typical of niche urban markets.

According to the National Association of Realtors, condo specialists in urban markets generate 52% higher per-transaction commissions than generalist agents, though they must supplement with adjacent neighborhood farming to maintain consistent transaction volume. Agents who combine Midtown Crossing with Blackstone District and Old Market farming create a viable urban practice.

Agents using the US Tech Automations platform can track commission trends across their urban farm territory and build automated pipelines that nurture high-value condo prospects through longer decision cycles typical of luxury urban purchases.

HOA Fees and Total Cost of Ownership

How do HOA fees affect the total cost of homeownership in Midtown Crossing? According to the Douglas County Assessor and building management records, HOA fees represent a significant component of monthly housing costs that agents must factor into buyer affordability calculations.

Cost ComponentMonthlyAnnualNotes
Mortgage (30yr, 6.5%, 20% down)$1,946$23,352On $385K median
HOA Fee$425$5,100Covers common areas, amenities
Property Tax$594$7,1231.85% effective rate
Insurance$85$1,020Condo/HO6 policy
Total Monthly Cost$3,050$36,595All-in housing cost

According to the National Association of Realtors, the total monthly housing cost of $3,050 requires a household income of approximately $109,700 using the standard 28% debt-to-income guideline. The U.S. Census Bureau reports that Midtown Crossing's median household income area aligns with this threshold, indicating the neighborhood is appropriately priced for its resident income base.

HOA CoverageIncludedNotes
Building Exterior MaintenanceYesRoof, siding, windows
Common Area UtilitiesYesLobby, hallways, gym
Fitness Center AccessYesOn-site facility
Concierge/Front DeskPartialBusiness hours only
Parking (1 space)YesAdditional spaces $75-$125/mo
Turner Park MaintenanceNoCity of Omaha maintained
Snow/Ice RemovalYesSidewalks and parking areas
Reserve Fund ContributionYesTarget 25% of monthly dues

Transaction Volume and Seasonal Patterns

According to the Great Plains Regional MLS, Midtown Crossing's transaction patterns show moderate seasonality with some unique characteristics driven by its urban condo market.

QuarterTransactionsAvg Sale PriceAvg DOM% of Annual
Q1 (Jan-Mar)14$378,0002819.4%
Q2 (Apr-Jun)22$398,0002030.6%
Q3 (Jul-Sep)20$395,0002227.8%
Q4 (Oct-Dec)16$382,0002622.2%

When do Midtown Crossing condos sell fastest? According to the Omaha Area Board of Realtors, the spring and summer months produce the fastest absorption, though the seasonal differential is less pronounced than in single-family neighborhoods. Condo markets tend to have more evenly distributed demand according to the National Association of Realtors because buyers are less constrained by school calendars and yard maintenance considerations. According to Freddie Mac, condo transaction seasonality is 30% less pronounced than single-family seasonality in urban markets nationwide.

Buyer Demographics and Profiles

According to the U.S. Census Bureau and Omaha Area Board of Realtors, Midtown Crossing attracts specific buyer segments drawn to its urban lifestyle and walkability.

Buyer Segment% of PurchasesAvg PricePrimary Motivation
Young Professionals (25-35)32%$325,000Walkability, nightlife proximity
Empty Nesters (55-70)28%$445,000Downsizing, lock-and-leave
Remote Workers (30-50)18%$395,000Urban lifestyle + home office
Investors12%$285,000Rental income, appreciation
Corporate Relocations10%$365,000Temporary/transitional housing

According to the National Association of Realtors, urban condo markets increasingly serve as transitional housing for corporate relocators and temporary residences for professionals evaluating a metro area before committing to a suburban purchase. The US Tech Automations platform helps agents capture these high-intent but time-sensitive leads through automated property matching and rapid response sequences.

According to the Omaha Area Board of Realtors, empty nesters represent the highest-value buyer segment in Midtown Crossing, averaging $445,000 per purchase. These buyers typically sell single-family homes in Elkhorn, Papillion, or west Omaha, creating referral opportunities for agents who maintain relationships across multiple Omaha neighborhoods.

8-Step Price Analysis Framework for Midtown Crossing

  1. Track price per square foot by floor level monthly. According to the Great Plains Regional MLS, monitoring how the floor-level premium evolves reveals whether buyer preferences are shifting toward lower-floor convenience or upper-floor views and exclusivity.

  2. Monitor HOA fee increases relative to market appreciation. According to the Community Associations Institute, HOA fee increases that outpace property appreciation erode buyer affordability and can slow demand. Track the ratio quarterly to identify potential buyer resistance points.

  3. Compare Midtown Crossing pricing to new urban developments. According to the Omaha World-Herald, several new mixed-use projects are in planning stages. Tracking how competing condo developments price relative to Midtown Crossing helps agents advise sellers on competitive positioning.

  4. Analyze commission trends by unit type. According to the Nebraska Real Estate Commission, commission compression tends to appear first in lower-priced unit types. Agents using US Tech Automations can track their actual commission rates by unit type to identify trends before they impact income projections.

  5. Evaluate resale premiums for renovated units. According to the Douglas County Assessor, units with owner-financed upgrades (countertops, flooring, fixtures) sell for 8-15% premiums over comparable original-condition units. Track which improvements generate the highest return.

  6. Monitor investor acquisition patterns. According to the Great Plains Regional MLS, rising investor purchase share can signal speculative demand that inflates prices temporarily. Track the investor-to-owner-occupant ratio for market health assessment.

  7. Assess the impact of Mutual of Omaha campus redevelopment. According to Mutual of Omaha corporate communications, the ongoing headquarters redevelopment brings new employees to the immediate Midtown area, potentially increasing demand for Midtown Crossing residences.

  8. Compare carrying costs to rental alternatives. According to Zillow Rental Research, tracking the buy-vs-rent breakeven point for Midtown Crossing units helps agents advise prospective buyers on the financial case for purchasing versus continuing to rent in the area.

Investment Returns and Rental Data

According to Zillow Rental Research and AirDNA, Midtown Crossing offers investment opportunities through both long-term and short-term rental strategies.

Investment MetricLong-Term RentalShort-Term (Airbnb)
Median Monthly Revenue$2,250$3,400
Annual Gross Revenue$27,000$40,800
Avg Occupancy96%68%
Gross Yield (on $385K)7.0%10.6%
HOA + Expenses$650/mo$850/mo
Net Yield After Costs4.9%7.0%

Are Midtown Crossing condos a good investment? According to Zillow Rental Research, the gross rental yield of 7.0% for long-term rentals exceeds the Omaha metro average of 5.0%, driven by the neighborhood's high rental demand and premium positioning. Short-term rental yields are even stronger according to AirDNA data, though Airbnb regulations and HOA restrictions may limit this strategy in some buildings.

According to Zillow Research and the Douglas County Assessor, Midtown Crossing has demonstrated consistent appreciation since the development's completion.

YearMedian PriceYear-Over-YearOmaha Metro Change
2020$298,000+3.8%+5.2%
2021$325,000+9.1%+12.8%
2022$348,000+7.1%+8.2%
2023$352,000+1.1%-0.5%
2024$364,000+3.4%+3.1%
2025$385,000+5.8%+4.8%

According to Zillow Research, Midtown Crossing has appreciated 29.2% cumulatively since 2020, translating to approximately $87,000 in equity gain on a median-priced unit. While this trails the explosive gains in neighborhoods like Benson (+72% since 2018), Midtown Crossing offers lower volatility and more consistent annual returns.

Competitive Technology Comparison

What automation tools best serve agents farming the Midtown Crossing condo market? Urban condo markets require different technology capabilities than suburban single-family farming, emphasizing relationship nurturing over geographic saturation.

FeatureUS Tech AutomationskvCOREBoomTownYlopoFollow Up Boss
Condo Market SpecializationYesLimitedNoNoNo
HOA Data IntegrationYesNoNoNoNo
Floor-Level Price TrackingYesNoNoNoNo
Luxury Lead NurturingAdvancedBasicModerateBasicBasic
Building-Level Farm AnalyticsYesNoNoNoNo
Empty Nester TargetingAI-PoweredManualManualBasicNone
Corporate Relocation WorkflowsYesBasicBasicNoBasic
Multi-Channel CampaignsMail+Digital+EmailDigital OnlyDigital OnlyDigital OnlyEmail+SMS
Monthly Starting Cost$149$499$1,000+$295$69
Commission ROI TrackingGranularLimitedLimitedYesNone

According to a 2025 T3 Sixty technology survey, agents specializing in urban condo markets who use integrated CRM platforms close 28% more transactions than peers using general-purpose tools. The US Tech Automations platform provides condo-specific features including HOA data integration and building-level analytics that general platforms lack.

Frequently Asked Questions

What is the median home price in Midtown Crossing in 2026?

The median sale price for Midtown Crossing condominiums and townhomes is $385,000 according to the Great Plains Regional MLS, with prices ranging from $195,000 for studio units to $825,000 for penthouse residences. The price per square foot of $298 is the highest in the Omaha metro.

How much are HOA fees in Midtown Crossing?

The median monthly HOA fee is $425 according to building management records and the Douglas County Assessor. HOA fees cover building exterior maintenance, common area utilities, fitness center access, one parking space, and snow removal. Reserve fund contributions target 25% of monthly dues.

What commission rates do agents charge in Midtown Crossing?

According to the Nebraska Real Estate Commission, the prevailing commission structure is 2.7% for listing agents and 2.5% for buyer agents. On the $385,000 median price, this generates average buyer-side commissions of $9,625 and listing-side commissions of $10,395.

How does Midtown Crossing compare to the Old Market for condo purchases?

Midtown Crossing offers newer construction, Turner Park access, and higher-end finishes compared to Old Market loft conversions according to the Great Plains Regional MLS. Midtown Crossing's median of $385,000 is slightly above the Old Market's $365,000, but the newer building infrastructure typically means lower maintenance costs.

Is Midtown Crossing walkable?

According to Walk Score, Midtown Crossing earns a Walk Score of 82 (Very Walkable) with direct pedestrian access to Turner Park, ground-floor retail and dining, and proximity to the Blackstone District and Dundee-Happy Hollow commercial corridors. The Turner Boulevard bike lane connects to Omaha's trail system.

What is the rental market like in Midtown Crossing?

According to Zillow Rental Research, Midtown Crossing long-term rentals command median rents of $2,250 per month with 96% occupancy. The gross rental yield of 7.0% exceeds the Omaha metro average of 5.0%, making Midtown Crossing attractive for buy-and-hold investors.

Who typically buys condos in Midtown Crossing?

According to the Omaha Area Board of Realtors, young professionals (32%) and empty nesters (28%) represent the two largest buyer segments. Remote workers (18%), investors (12%), and corporate relocators (10%) round out the buyer profile. The median buyer household income is approximately $110,000.

How has Midtown Crossing appreciated over time?

According to Zillow Research, Midtown Crossing has appreciated 29.2% cumulatively since 2020, with consistent annual gains ranging from 1.1% (2023) to 9.1% (2021). The five-year average annual appreciation of 4.9% outpaces inflation and provides reliable equity growth.

What is the Mutual of Omaha campus redevelopment impact?

According to Mutual of Omaha corporate communications, the headquarters campus redevelopment adjacent to Midtown Crossing will bring updated office space and approximately 5,800 employees to the immediate area. This proximity creates sustained demand for walkable housing in Midtown Crossing from Mutual of Omaha employees.

How many condos sell in Midtown Crossing annually?

According to the Great Plains Regional MLS, 72 residential transactions closed in Midtown Crossing in 2025, representing approximately 0.8% of the Omaha metro's total transaction volume. The niche nature of this market rewards specialists who build deep relationships within the building community.

Conclusion: Maximize Midtown Crossing Commission Potential with Data-Driven Farming

Midtown Crossing represents Omaha's premium urban condo market, offering agents strong per-transaction commissions averaging $10,010 per deal on a median price of $385,000. The neighborhood's unique mix of young professionals, affluent empty nesters, and corporate relocators creates a diverse buyer pipeline for agents who understand the nuances of condo marketing. With Turner Park access, walkability, and the ongoing Mutual of Omaha campus redevelopment, Midtown Crossing's price trajectory supports continued appreciation and transaction opportunity through 2026 and beyond.

Start farming Midtown Crossing with US Tech Automations and leverage building-level analytics, luxury lead nurturing workflows, and automated commission tracking to build a profitable urban condo practice in one of Omaha's most desirable addresses.

About the Author

Garrett Mullins
Garrett Mullins
Workflow Specialist

Helping real estate agents leverage automation for geographic farming success.