The housing market in Lincoln, SD County is flourishing with the median value at $343,600, which is higher than the US house median value of $338,100. The US one year house appreciation rate was 8.27%, while the appreciation rate for houses in Lincoln, SD County was an impressive 13.31%. This indicates that the housing market in Lincoln County is healthy and competitive. With increasingly attractive real estate prices and a strong rate of appreciation, now is a great time to invest in property in this area.
The median home cost in Lincoln County is $343,600. Home appreciation the last 10 years has been 95.1%. Home Appreciation in Lincoln County is up 17.9%.
Average Age of Homes
- The median age of Lincoln County real estate is 16 years old
The Rental Market in Lincoln County
- Renters make up 21.7% of the Lincoln County population
- 0.3% 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.