The city of Lincoln, NE (68506) has an impressive housing market due to its median value being $247,100. This is substantially lower than the US median house value of $338,100, which makes it much more attractive for those looking to buy a home. Additionally, the 1 year appreciation rate for houses in Lincoln is 11.86%, compared to the 8.27% appreciation rate across the US, meaning that homes are appreciating much faster in this area than average. Investing in housing in Lincoln is a great way to make a return on investment over time as the market continues to grow and appreciate in value.
The median home cost in Lincoln (zip 68506) is $247,100. Home appreciation the last 10 years has been 85.9%. Home Appreciation in Lincoln (zip 68506) is up 12.7%.
Average Age of Homes
- The median age of Lincoln (zip 68506) real estate is 44 years old
The Rental Market in Lincoln (zip 68506)
- Renters make up 36.4% of the Lincoln (zip 68506) population
- 1.5% of houses and apartments in Lincoln (zip 68506), 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.