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 7,491 people, 2,593 houses or apartments, and a median cost of homes of $998,547, Lincoln house prices are not only among the most expensive in Massachusetts, Lincoln real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Lincoln, accounting for 57.27% of the town's housing units. Other types of housing that are prevalent in Lincoln include row houses and other attached homes ( 21.52%), large apartment complexes or high rise apartments ( 11.79%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.42%).
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 65.75% of Lincoln's homes, and 59.09% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Lincoln built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Lincoln built between 1940-1969 ( 33.69%). A lesser amount of the housing stock also hails from between 2000 and later ( 18.00%). There's also some housing in Lincoln built before 1939 ( 14.30%).
Appreciation rates for homes in Lincoln have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 10.62%, which ranks in the top 30% nationwide. This equates to an annual average Lincoln house appreciation rate of 1.01%.
Over the last year, Lincoln appreciation rates have trailed the rest of the nation. In the last twelve months, Lincoln's appreciation rate has been 0.18%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Lincoln were at 1.07%, which equates to an annual appreciation rate of 4.36%.
Relative to Massachusetts, our data show that Lincoln's latest annual appreciation rate is lower than 90% of the other cities and towns in Massachusetts.
|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||18.0|
|1970 - 1999||34.0|
|1940 - 1969||33.7|
|1939 or Older||14.3|
|TYPE OF Lincoln HOMES|
|Small Apt. Buildings||9.4|
|SIZE OF Lincoln HOMES|
|5 or more bedrooms||12.73|