The housing market in Lincoln, NE is booming at the moment with a median value of $263,400, which is significantly lower than the US median house value of $338,100. The 1 year appreciation rate for houses in Lincoln is 11.86%, which is higher than the national average of 8.27%. This suggests that investing in the housing market in Lincoln is a great opportunity right now and should be considered by potential homebuyers and investors alike.
The median home cost in Lincoln is $263,400. Home appreciation the last 10 years has been 85.9%. Home Appreciation in Lincoln is up 12.7%.
Average Age of Homes
- The median age of Lincoln real estate is 40 years old
The Rental Market in Lincoln
- Renters make up 41.1% of the Lincoln population
- 1.7% of houses and apartments in Lincoln, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.