Lincoln, ND is a great place to invest in housing. The median value of a home is currently $259,500 and is lower than the US median value of $338,100. This makes Lincoln an attractive option for potential homeowners looking for more affordable housing options. Although the rate of appreciation for homes in Lincoln is slightly slower than the national average at 6.75% compared to 8.27%, it still indicates that investing in housing here could be a wise decision as it is likely to appreciate over time.
The median home cost in Lincoln is $259,500. Home appreciation the last 10 years has been 60.8%. Home Appreciation in Lincoln is up 10.9%.
Average Age of Homes
- The median age of Lincoln real estate is 14 years old
The Rental Market in Lincoln
- Renters make up 0.4% of the Lincoln population
- 0.0% 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.