The housing market in Lincoln Village, CA is very competitive, with the median value of homes being significantly higher than the US median house value. The appreciation of homes in Lincoln Village over the past year has been 4.70%, lower than the US average of 8.27%. These figures show that while housing prices are high in this area, they have not been increasing as quickly as other areas across the country. This slower appreciation rate offers potential buyers a more stable investment opportunity as well as a chance to find great deals in a desirable location.
The median home cost in Lincoln Village is $385,600. Home appreciation the last 10 years has been 196.3%. Home Appreciation in Lincoln Village is up 12.5%.
Average Age of Homes
- The median age of Lincoln Village real estate is 60 years old
The Rental Market in Lincoln Village
- Renters make up 30.9% of the Lincoln Village population
- 1.1% of houses and apartments in Lincoln Village, 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.