The housing market in Lincoln, NM County has been performing exceptionally well over the last year. The median value of homes in the county is $276,700, significantly lower than the US median of $338,100. However, house appreciation in Lincoln County has been much higher compared to the countrywide average of 8.27%, with a 1-year appreciation rate of 15.22%. This suggests that the local housing market is thriving and values are on the rise.
The median home cost in Lincoln County is $276,700. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Lincoln County is up 12.5%.
Average Age of Homes
- The median age of Lincoln County real estate is 34 years old
The Rental Market in Lincoln County
- Renters make up 11.0% of the Lincoln County population
- 4.0% 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.