Lincolnton, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Lincolnton Neighborhoods Since 2000




Lincolnton, NC Real Estate Data

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Lincolnton Housing Market Information

With a population of 10,900, 3,931 total housing units (homes and apartments), and a median house value of $144,271, Lincolnton real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Lincolnton, accounting for 67.83% of the city's housing units. Other types of housing that are prevalent in Lincolnton include duplexes, homes converted to apartments or other small apartment buildings ( 15.61%), large apartment complexes or high rise apartments ( 11.96%), and a few mobile homes or trailers ( 3.46%).

The most prevalent building size and type in Lincolnton are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 49.64% owning and 50.36% renting.

There is a lot of housing in Lincolnton 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 Lincolnton built between 1940-1969 ( 37.42%). A lesser amount of the housing stock also hails from before 1939 ( 12.36%). There's also some housing in Lincolnton built between 2000 and later ( 10.14%).

Vacant housing appears to be an issue in Lincolnton. Fully 17.50% of the housing stock is classified as vacant. Left unchecked, vacant Lincolnton homes and apartments can be a drag on the real estate market, holding Lincolnton 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.

Lincolnton Home Appreciation Rates

Appreciation rates for homes in Lincolnton have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 2.30%, which ranks in the top 50% nationwide. This equates to an annual average Lincolnton house appreciation rate of 0.23%.

Over the last year, Lincolnton appreciation rates have trailed the rest of the nation. In the last twelve months, Lincolnton's appreciation rate has been 2.13%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Lincolnton were at 1.88%, which equates to an annual appreciation rate of 7.72%.

Importantly, this makes Lincolnton 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 North Carolina, our data show that Lincolnton's latest annual appreciation rate is lower than 50% of the other cities and towns in North Carolina.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Lincolnton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Lincolnton - 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 Lincolnton real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$144,271

Lincolnton, NC HOME PRICES

Value Range
> $1,101,000 0.0
$826,001 - $1,101,000 0.0
$551,001 - $826,000 1.2
$440,001 - $551,000 0.5
$330,001 - $440,000 2.4
$220,001 - $330,000 15.2
$110,001 - $220,000 46.7
$55,001 - $110,000 24.4
$0 - $55,000 9.6

Average for NC
Average for Nation

Value Relative to Nation Value Relative to State
52.6368217508496 46.2794918330309

Number Of Homes And Apartments:
3,931

Lincolnton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NC*
Compared To
America*
Latest Quarter:
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
Since 2000:
2000 Q1 - 2017 Q1
21.20% 1.12% 4 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$914 / per month

Homeownership Rate

Homeownership
Owners 49.64
Renters 50.36
Vacant 17.50

Housing Market Details

 

Age of Homes

AGE OF Lincolnton HOMES
2000 or Newer 10.1
1970 - 1999 40.1
1940 - 1969 37.4
1939 or Older 12.4

Types of Homes

TYPE OF Lincolnton HOMES
Single-Family 67.8
Townhomes 1.1
Small Apt. Buildings 15.6
Apt. Complexes 12.0
Mobile Homes 3.5
Other 0.0

Home Size

SIZE OF Lincolnton HOMES
No Bedroom 3.15
1 Bedroom 9.84
2 Bedrooms 35.22
3 Bedrooms 40.69
4 Bedrooms 8.23
5 or more bedrooms 2.88