Lincoln, NE 68516 has a median housing value of $354,400, which is slightly higher than the national median of $338,100. Additionally, the house appreciation rate in Lincoln is 11.86%, which is a higher rate than the US 1 year appreciation rate of 8.27%. This suggests that housing prices are increasing rapidly in Lincoln and may continue to do so due to strong demand for housing in the area. Overall, it appears that the housing market in Lincoln is strong and those invested in it can expect good returns on their investments.
The median home cost in Lincoln (zip 68516) is $354,400. Home appreciation the last 10 years has been 85.9%. Home Appreciation in Lincoln (zip 68516) is up 12.7%.
Average Age of Homes
- The median age of Lincoln (zip 68516) real estate is 25 years old
The Rental Market in Lincoln (zip 68516)
- Renters make up 25.4% of the Lincoln (zip 68516) population
- 0.6% of houses and apartments in Lincoln (zip 68516), 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.