The housing market in Lincoln, MO County is booming. The median house value is currently at $250,400, which is significantly lower than the US median of $338,100. However, this difference does not reflect the strength of the housing market in Lincoln - over the past year it has seen a 13.45% appreciation rate compared to the 8.27% US average. This high rate of growth makes Lincoln an attractive option for those looking to buy or invest in property. It's also good news for existing homeowners who could potentially see their house values increase significantly over time.
The median home cost in Lincoln County is $250,400. Home appreciation the last 10 years has been 82.8%. Home Appreciation in Lincoln County is up 13.2%.
Average Age of Homes
- The median age of Lincoln County real estate is 24 years old
The Rental Market in Lincoln County
- Renters make up 19.5% of the Lincoln County population
- 1.0% of houses and apartments in Lincoln County, 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.