The housing in Lincoln, RI is higher than the US median value at $454,700. This is likely due to its close proximity to Providence and other cities along the Narragansett Bay. Additionally, the one year appreciation rate for housing in Lincoln is higher than the national average at 10.78%. This shows a positive trend for homeowners in the area, which could indicate an opportunity for investment. As such, Lincoln is an attractive option for potential homeowners looking for real estate in Rhode Island.
The median home cost in Lincoln is $454,700. Home appreciation the last 10 years has been 91.2%. Home Appreciation in Lincoln is up 16.0%.
Average Age of Homes
- The median age of Lincoln real estate is 54 years old
The Rental Market in Lincoln
- Renters make up 29.5% of the Lincoln population
- 0.6% 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.