The housing market in Lincoln, NE (68508) is very strong, with a median value of $157,400. This is significantly lower than the US median value of $338,100, yet still shows a healthy rate of appreciation at 11.86%, compared to the national average of 8.27%. Furthermore, there are numerous opportunities to invest in the area due to an abundance of available housing and low prices. The market should remain favorable for those looking for quality homes at reasonable prices in this area.
The median home cost in Lincoln (zip 68508) is $157,400. Home appreciation the last 10 years has been 85.9%. Home Appreciation in Lincoln (zip 68508) is up 12.7%.
Average Age of Homes
- The median age of Lincoln (zip 68508) real estate is 57 years old
The Rental Market in Lincoln (zip 68508)
- Renters make up 78.6% of the Lincoln (zip 68508) population
- 5.8% of houses and apartments in Lincoln (zip 68508), 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.