Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 46,474 people, 17,224 houses or apartments, and a median cost of homes of $414,302, real estate costs in Lincoln are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.
Single-family detached homes are the single most common housing type in Lincoln, accounting for 90.67% of the city's housing units. Other types of housing that are prevalent in Lincoln include large apartment complexes or high rise apartments ( 4.88%), duplexes, homes converted to apartments or other small apartment buildings ( 2.36%), and a few row houses and other attached homes ( 1.54%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Lincoln. Owner-occupied housing accounts for 76.86% of Lincoln's homes, and 55.50% have either three or four bedrooms, which is average sized relative to America.
Lincoln homes and real estate are some of the newest in America. 72.36% of Lincoln's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Lincoln real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 21.51%), and between 1940-1969 ( 4.48%). There's also some housing in Lincoln built before 1939 ( 1.66%).
Lincoln's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Lincoln during the period has been just -0.95%, which is lower than 70% of US communities.
Appreciation rates are so strong in Lincoln that despite a nationwide downturn in the housing market, Lincoln real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Lincoln appreciation rates continue to be some of the highest in America, at 8.10%, which is higher than appreciation rates in 87.25% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Lincoln. Lincoln appreciation rates in the latest quarter were at 2.60%, which equates to an annual appreciation rate of 10.82%.
Importantly, this makes Lincoln one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to California, our data show that Lincoln's latest annual appreciation rate is higher than 50% of the other cities and towns in California.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Lincoln differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Lincoln - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Lincoln real estate investment or home purchase decisions.
|$1,003,001 - $1,337,000||2.5|
|$668,001 - $1,003,000||10.9|
|$535,001 - $668,000||12.9|
|$401,001 - $535,000||28.8|
|$267,001 - $401,000||27.0|
|$134,001 - $267,000||13.7|
|$67,001 - $134,000||0.6|
|$0 - $67,000||2.5|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Lincoln HOMES|
|2000 or Newer||72.4|
|1970 - 1999||21.5|
|1940 - 1969||4.5|
|1939 or Older||1.7|
|TYPE OF Lincoln HOMES|
|Small Apt. Buildings||2.4|
|SIZE OF Lincoln HOMES|
|5 or more bedrooms||6.98|