The housing market in the Lincoln, NE Metro Area is thriving. The median value for homes in this area is $269,400 compared to the US House Median Value of $338,100. The US 1 year House Appreciation rate is 8.27%, however the appreciation rate for homes in Lincoln, NE Metro Area is much higher at 10.55%. This makes it an attractive location for those looking to invest in real estate or buy their own home. The rising value of homes and strong appreciation rate make it a great place to buy or own a home.
The median home cost in Lincoln Metro Area is $269,400. Home appreciation the last 10 years has been 85.8%. Home Appreciation in Lincoln Metro Area is up 12.8%.
Average Age of Homes
- The median age of Lincoln Metro Area real estate is 40 years old
The Rental Market in Lincoln Metro Area
- Renters make up 37.7% 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.