The housing market in Lincoln, NE (68503) is currently very strong. The median value of homes in the area is $161,800, which is substantially lower than the US median home value of $338,100. Additionally, in the past year house appreciation in the area was 11.86%, while the US 1 year House Appreciation was only 8.27%. This indicates that there has been a steady increase in home values, making it a great time for people to invest in Lincoln's housing market.
The median home cost in Lincoln (zip 68503) is $161,800. Home appreciation the last 10 years has been 85.9%. Home Appreciation in Lincoln (zip 68503) is up 12.7%.
Average Age of Homes
- The median age of Lincoln (zip 68503) real estate is 63 years old
The Rental Market in Lincoln (zip 68503)
- Renters make up 64.2% of the Lincoln (zip 68503) population
- 1.6% of houses and apartments in Lincoln (zip 68503), 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.