The housing market in Lincoln, MO is thriving. The median value of homes in the area is currently $159,900, which is considerably lower than the US housing median value of $338,100. Additionally, over the past year house appreciation in Lincoln has been 13.45%, higher than the US national average of 8.27%. This trend indicates that now is an especially good time for potential homeowners to take advantage of this booming real estate market and purchase a new home in Lincoln.
The median home cost in Lincoln is $159,900. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Lincoln is up 17.1%.
Average Age of Homes
- The median age of Lincoln real estate is 42 years old
The Rental Market in Lincoln
- Renters make up 33.7% of the Lincoln population
- 5.5% 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.