$230,779Average Value$148Average Price per Sq Ft12Homes For Sale
Early Lincoln’s “Miracle Mile” has grown to three miles of thriving suburbs
Between the Witherbee neighborhood to the north and the College View neighborhood to the south, the 3-mile-long semi-residential neighborhood of South 48th Street is a clear example of Lincoln’s rapid post-WWII expansion. Before the war, the northern 20-block area that locals call Piedmont was home to 200 large, formal residences built between 1900 and 1930. While they rarely come on the market, these classic luxury homes with over 3,000 square feet sell from $600,000 to well over $1,000,000.
After WWII, a one-mile section of South 48th Street, at O Street, was dubbed “The Miracle Mile” thanks to the rapid growth of car dealerships, schools, businesses and single-family homes. By 1950, South 48th Street had expanded south to Calvert Street and highlighted mid-century homes that are resurging in popularity. Today, the 40-block southern half of the neighborhood includes condominiums, big box retailers, small businesses and the highly rated Bryan College of Health Sciences and Bryan Hospital.
According to Joanne McCoy, a Realtor with Woods Brothers Realty and a Lincoln real estate agent for more than 10 years, “It’s not one thing that brings buyers to South 48th Street, it’s many things. Competition for homes in Lincoln in 2024 makes this a tricky market. The prices in South 48th Street are attractive to first-time homebuyers and younger buyers. The other important feature is the area’s proximity to its key anchors to the north and south. Piedmont and College View bookend the neighborhood between two trendy, artsy districts. This location is also a big draw for medical professionals, professors and staff at Bryan College.”
South 48th Street has a wide verity of ranch and split-level style homes.
South 48th Street is a small community in the center of Lincoln.
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Classic 1930s mansions to trendy-again midcentury modern homes
Stately French country style homes from the 1930s have recently sold in the Piedmont area of South 48th Street from $700,000 to $1,000,000. Mid-century ranch-style homes and split levels from the 1940s to the 1970s range from about $160,000 to $300,000.
Van Dorn Villa, at 51st Street and Van Dorn Street, is a senior living community that offers condominiums. Mostly one- and two-bedroom units, they range from $90,000 to about $210,000 plus associated condo association fees. Assisted living and health care services are available to residents who choose to age in place in the community.
South 48th Street homes have well maintained yards.
Many South 48th Street homes have a two car garrage.
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Bistros, markets and big box retailers are less than 2 miles away
Piedmont Bistro by Venue serves comfort food such as crab cake sandwiches and pork belly sliders. It’s open for breakfast, lunch, dinner and weekend brunch. Harbor Coffee House offers indoor and outdoor seating, coffee and light selections. Grocery stores and neighborhood markets near A Street and Cotner Boulevard include the locally owned A Street Market, with a butcher shop and a coffee and doughnut stand. Residents travel about 2 miles west to 40th Street and Yankee Hill Road to find big box stores and retailers such as Target and Marshalls. Van Dorn Plaza includes Hobby Lobby, Planet Fitness, Walgreens and Ace Hardware. “On Sundays,” McCoy says, “College View Farmer’s Market is a favorite destination for locals.”
The A Street Market can be found to the west of South 48th Street.
South 48th Street residents visit local downtown Lincoln for coffee at The Mill.
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Holmes Lake Park offers boatloads of lakeside events
Holmes Lake Park, a 270-acre park with a 110-acre lake, is 3 miles east of South 48th Street. In warmer months, families enjoy Holmes Lake Community Fishing Events. Sponsored by the Nebraska Game and Parks Commission, staff offer participants instruction, bait and loaner gear. In the winter, Holmes Lake offers ice skating. Throughout the year, the Hyde Observatory opens to allow viewing of comets, meteor showers and lunar phases. Realtor McCoy adds, “Kayaking at Holmes Lake is a favorite of residents in the neighborhood.”
Enjoy time on the lake with Lincoln Paddle Company at Holmes Lake Park.
Holmes Lake Park has over two and half miles of trails.
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Lincoln Public Schools are the No. 1 school district in Lancaster County
Students can attend A-minus rated Lincoln Public Schools, the No. 1 district in Lancaster County, according to Niche. Calvert Elementary is half a mile south on South 46th Street, and receives a B-minus from Niche. Pound Middle earns an A-minus. A- rated Lincoln Southeast High is the No. 3 public high school in Lincoln. Gifted students can enroll in specialized courses and Advanced Placement classes.
One half a mile south of the neighborhood is Union Adventist University. In 2024, it launched a first-of-its-kind International Rescue and Relief program, where students train in disaster response and emergency management and will respond to global disasters.
Bryan College of Health Sciences is a private four-year medical college with Associate, Bachelor’s and Master’s level degree programs in nursing, sonography and healthcare management.
Pound Middle School serves students grade 6-8.
Lincoln Southeast High School serves students grades 9-12.
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City parks surround the South 48th Street neighborhood
Though there are no parks in the South 48th Street neighborhood, outdoor recreation is easy to access. Piedmont Park is next to Lefler Middle School, between Valley Road and C Street, and offers tennis courts, picnic tables and 9 acres of open green space. Pansing Park also offers about 9 acres of green space with large hardwood trees that create a natural boundary around the park. It also features a playground and a soccer field. Planet Fitness, next to South 48th Street at Van Dorn Plaza is open 24 hours a day.
Kids enjoy the playground at Pansing Park.
Piedmont Park has one of many unique bike sculptures found all around Lincoln.
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South 48th Street neighborhood is nine miles from Lincoln Airport
Drivers can reach Lincoln Airport, which is 8 miles west, in less than 15 minutes via Interstate 180 and Cornhusker Highway. While residents walk, bike, and use scooters to get around the neighborhood, car travel is still the most popular mode of transportation. StarTran is the city’s bus system, with more than 30 stops throughout the neighborhood along Randolph Street, Calvert Street and South 48th Street.
Cyclists head to the Billy Wolf Trail at the neighborhood's southern end to ride a dedicated route to Downtown Lincoln, 4 miles west.
South 48th Street’s overall CAP Index crime score is 4 (on a scale of 1 to 10), while a score of 4 is the U.S. average.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Adam Terasinski,
an experienced agent in this neighborhood.
Parks in this Area
Piedmont Park
Pansing Park
Eden Park
Kontras Pocket Park
Roose Park
Transit
Airport
Lincoln
17 min drive
Bus
South 48th Street & Sumner Street, NE
Bus
South 48th Street & Normal Boulevard, SE
Bus
South 48th Street & Apple Hill Lane, SE
Bus
South 48th Street & A Street, SE
Bus
South 48th Street & Hillside Street, NE
Bus
South 48th Street & Van Dorn Street, NE
Bus
South 48th Street & South Street, NE
Crime and Safety
1 - Low Crime, 10 - High Crime
South 48th Street
US
Homicide
3
4
Sexual Assault
4
4
Assault with Weapon
3
4
Robbery
3
4
Burglary
4
4
Motor Vehicle Theft
3
4
Larceny
5
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in South 48th Street, Lincoln sell after 48 days on the market compared to the national average of 47 days. The average sale price for homes in South 48th Street, Lincoln over the last 12 months is $213,566, up 16% from the average home sale price over the previous 12 months.
Fantastic mid-town 4 bedroom, 3 bathroom, 1 car attached garage is now available to purchase. Tons of great character and charm. Lovely wood floors, remodeled kitchen with quartz countertops and gas range! Big back yard with shed and absolutely fabulous location. In the last few years, the sellers have invested more than $23K in the following improvements: New retaining walls in front and back of
Come and see this clean, freshly painted unit with new carpeting. 2 bedroom and 1 bathroom, 1 garage and balcony on the north side of building. Overlooks parking lot and east side of Village Inn. Unit has window coverings. Van Dorn Villa has high security and is so close to bus, restaurants, drug store and shopping. Call for your showing today!
This charming 1926 home exudes timeless elegance and is meticulously maintained, offering 1,461 square feet of inviting living space. With three cozy bedrooms and 1 bath, it blends classic character with modern comfort. The large living room is perfect for relaxation and entertaining, featuring ample natural light, original hardwood floors, and vintage detailing that adds warmth and personality.
Interested in learning more about homes in this area?
Reach out to
Adam Terasinski,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
1,772
Median Age
41
Population Density
6 ppl/acre
Population under 18
22.5%
On par with the national average
23.8%
Population over 65
23.1%
On par with the national average
19.1%
Finances
Median Household Income
$65,516
Below the national average
$71,702
Average Household Income
$81,153
Education and Workforce
High School Graduates
93.9%
On par with the national average
89.1%
College Graduates
36.8%
Advanced Degrees
13.9%
% Population in Labor Force
73.4%
Above the national average
65.1%
Weather
Annual Precipitation
29''
Average Winter Low Temperature
15°F
Average Summer High Temperature
89°F
Annual Snowfall
18''
Area Factors
Very Bikeable
Bike Score®
82/ 100
Somewhat Walkable
Walk Score®
57/ 100
Some Transit
Transit Score®
26/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
