Lincoln Metro Area, IL Housing

The housing in the Lincoln, IL Metro Area is quite affordable, as the median value of houses is $110,400. This is significantly less than the US median house value of $338,100. Additionally, while the appreciation rate of houses in the US over the past year has been 8.27%, it has been slightly lower in Lincoln at 7.78%. These figures demonstrate that housing in the area offers a great opportunity for those looking to purchase an affordable home.

The median home cost in Lincoln Metro Area is $110,400. Home appreciation the last 10 years has been 37.3%. Home Appreciation in Lincoln Metro Area is up 12.0%.

Average Age of Homes

- The median age of Lincoln Metro Area real estate is 58 years old

The Rental Market in Lincoln Metro Area

- Renters make up 28.2% of the Lincoln Metro Area population
- 1.6% of houses and apartments in Lincoln Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lincoln, Illinois	United States
	11,981.0	139,647,020.0
	60	42
	$110,400	$338,100
	12.0%	16.6%
	27.7%	57.0%
	37.3%	101.1%
	$19.00	$10.98
	$2,118	$2,690
	65.4%	57.4%
	8.2%	11.2%
	26.4%	31.4%
Vacant Housing
	1.6%	1.9%
	0.2%	0.4%
	0.8%	0.7%
	1.0%	0.4%
	0.4%	3.6%
	4.2%	4.1%
Value of Owner-Occupied Housing
	3.1%	2.6%
	3.0%	2.4%
	8.6%	2.8%
	12.5%	3.9%
	16.2%	4.5%
	26.8%	11.3%
	13.9%	13.0%
	10.4%	20.1%
	2.8%	13.6%
	0.8%	8.3%
	1.7%	9.7%
	0.4%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.8%	13.6%
	4.8%	13.6%
	8.4%	13.6%
	6.8%	13.2%
	15.1%	14.8%
	8.4%	13.6%
	12.9%	10.0%
	6.2%	4.7%
	29.2%	12.2%

Reviews for Lincoln

See all (0)

Write a Review

Start Your Review of Lincoln

Commute

The premier source for comprehensive city data for over 30 years.