The city of Lincoln, Nebraska (68502) has a median housing value of $218,800, which is much lower than the national median value of $338,100. In the last year alone, the appreciation rate for housing in Lincoln was 11.86%, higher than the national average of 8.27%. This indicates that residential property values have been increasing significantly in Lincoln over the past year and could continue to do so as more people move to the area. The relatively low median house prices combined with strong appreciation are also indicative of a growing market in this city, making it an attractive option for potential home buyers.
The median home cost in Lincoln (zip 68502) is $218,800. Home appreciation the last 10 years has been 85.9%. Home Appreciation in Lincoln (zip 68502) is up 12.7%.
Average Age of Homes
- The median age of Lincoln (zip 68502) real estate is 73 years old
The Rental Market in Lincoln (zip 68502)
- Renters make up 46.0% of the Lincoln (zip 68502) population
- 3.5% of houses and apartments in Lincoln (zip 68502), 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.