Lincoln, MA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Lincoln, MA Real Estate Data


Lincoln Housing Market Information

With a population of 7,491, 2,502 total housing units (homes and apartments), and a median house value of $1,079,372, 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 57.76% of the town's housing units. Other types of housing that are prevalent in Lincoln include row houses and other attached homes ( 20.11%), large apartment complexes or high rise apartments ( 11.37%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 10.76%).

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 67.88% of Lincoln's homes, and 55.75% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Lincoln's housing was primarily built during this period, from the '40s through the '60s. A full 39.08% of the town's housing hails from this era. Other housing ages represented in Lincoln include homes built between 1970-1999 ( 32.52%) and housing constructed before 1939 ( 15.24%). There's also some housing in Lincoln built between 2000 and later ( 13.16%).

Vacant housing appears to be an issue in Lincoln. Fully 10.29% of the housing stock is classified as vacant. Left unchecked, vacant Lincoln homes and apartments can be a drag on the real estate market, holding Lincoln real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Lincoln Home Appreciation Rates

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 15.83%, which ranks in the top 30% nationwide. This equates to an annual average Lincoln house appreciation rate of 1.48%.

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 6.25%, which is higher than appreciation rates in 77.36% 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 1.57%, which equates to an annual appreciation rate of 6.42%.

Relative to Massachusetts, our data show that Lincoln's latest annual appreciation rate is higher than 70% of the other cities and towns in Massachusetts.

Average Home Values

 

Median Home Value:
$1,079,372

Rent & Ownership

 

Average Market Rent:
$2,442 / per month

Homeownership Rate

Homeownership
Owners 67.88
Renters 32.12
Vacant 10.29

Housing Market Details

 

Age of Homes

AGE OF Lincoln HOMES
2000 or Newer 13.2
1970 - 1999 32.5
1940 - 1969 39.1
1939 or Older 15.2

Types of Homes

TYPE OF Lincoln HOMES
Single-Family 57.8
Townhomes 20.1
Small Apt. Buildings 10.8
Apt. Complexes 11.4
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Lincoln HOMES
No Bedroom 0.36
1 Bedroom 4.16
2 Bedrooms 25.21
3 Bedrooms 29.47
4 Bedrooms 26.28
5 or more bedrooms 14.52

Lincoln Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
52.28% 2.50% 6 6
* 10 is highest

Popular Neighborhoods in Lincoln

Zip Codes in Lincoln, MA