Lincoln Park, MI is a great place to buy a home. The median value of homes in Lincoln Park is $129,800, which is significantly lower than the US median value of $338,100. In the last year, both the US and Lincoln Park have seen an 8.27% and 8.47% appreciation respectively in house values. This shows that despite the lower median value, Lincoln Park's real estate market is still performing relatively well compared to the national average.
The median home cost in Lincoln Park is $129,800. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Lincoln Park is up 13.1%.
Average Age of Homes
- The median age of Lincoln Park real estate is 63 years old
The Rental Market in Lincoln Park
- Renters make up 26.1% of the Lincoln Park population
- 0.5% of houses and apartments in Lincoln Park, 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.