The housing market in Lincoln, AL is highly sought after due to its attractive median value of $225,200. This value is significantly lower than the US House Median Value of $338,100. Furthermore, the house appreciation in Lincoln has been greater than that of the US in the past year at 13.33% compared to 8.27%. This makes it an attractive option for potential home buyers looking for a great deal and strong return on their investment.
The median home cost in Lincoln is $225,200. Home appreciation the last 10 years has been 76.5%. Home Appreciation in Lincoln is up 19.5%.
Average Age of Homes
- The median age of Lincoln real estate is 22 years old
The Rental Market in Lincoln
- Renters make up 15.0% of the Lincoln population
- 1.1% 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.