Zip 48742 (Lincoln, MI) Housing

Lincoln, MI (48742) is a great place to invest in housing. The median value of a house in Lincoln is $130,100, which is much lower than the US median value of $338,100. Moreover, house appreciation in Lincoln has been growing at 9.81%, significantly higher than the US rate of 8.27%. This makes Lincoln an attractive locale for those looking to invest or purchase a new home as it offers relatively low prices without sacrificing potential gains.

The median home cost in Lincoln (zip 48742) is $130,100. Home appreciation the last 10 years has been 84.9%. Home Appreciation in Lincoln (zip 48742) is up 14.8%.

Average Age of Homes

- The median age of Lincoln (zip 48742) real estate is 44 years old

The Rental Market in Lincoln (zip 48742)

- Renters make up 6.7% of the Lincoln (zip 48742) population
- 0.7% of houses and apartments in Lincoln (zip 48742), 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, Michigan	United States
	1,371.0	139,647,020.0
	46	42
	$130,100	$338,100
	14.8%	16.6%
	62.1%	57.0%
	84.9%	101.1%
	$9.06	$10.98
	$1,229	$2,690
	47.0%	57.4%
	45.2%	11.2%
	7.9%	31.4%
Vacant Housing
	0.7%	1.9%
	0.0%	0.4%
	0.6%	0.7%
	0.4%	0.4%
	41.7%	3.6%
	1.8%	4.1%
Value of Owner-Occupied Housing
	1.7%	2.6%
	5.6%	2.4%
	3.1%	2.8%
	11.0%	3.9%
	8.1%	4.5%
	32.9%	11.3%
	20.0%	13.0%
	14.0%	20.1%
	3.0%	13.6%
	0.0%	8.3%
	0.6%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.0%	13.6%
	6.0%	13.6%
	11.8%	13.6%
	19.3%	13.2%
	23.4%	14.8%
	11.8%	13.6%
	11.8%	10.0%
	4.7%	4.7%
	6.5%	12.2%

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