Lincoln, IA is a great place to live for those looking for good housing options. The median value of houses in Lincoln is $91,600, which is much lower than the US median value of $338,100. Furthermore, the one year house appreciation rate in Lincoln has been 11.21%, higher than the US rate of 8.27%. These figures demonstrate that not only are houses affordable in Lincoln but they also are increasing in value at a steady pace, making them an even more attractive investment for potential homeowners and property investors.
The median home cost in Lincoln is $91,600. Home appreciation the last 10 years has been 51.2%. Home Appreciation in Lincoln is up 13.3%.
Average Age of Homes
- The median age of Lincoln real estate is 78 years old
The Rental Market in Lincoln
- Renters make up 21.1% of the Lincoln population
- 13.4% 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.