Housing in Lincoln, MI is a great investment for those looking to buy in the area. The median value of homes in Lincoln is $287,300, significantly less than the US average of $338,100. Additionally, the appreciation of home values over the last year has been higher than the national average at 9.81%, compared to 8.27% nationwide. This makes Lincoln an attractive option for potential homebuyers with its lower prices and higher appreciation rate.
The median home cost in Lincoln is $287,300. Home appreciation the last 10 years has been 84.9%. Home Appreciation in Lincoln is up 14.8%.
Average Age of Homes
- The median age of Lincoln real estate is 58 years old
The Rental Market in Lincoln
- Renters make up 32.3% of the Lincoln population
- 4.0% 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.