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 a population of 284,736, 110,521 total housing units (homes and apartments), and a median house value of $172,856, Lincoln 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 Lincoln, accounting for 57.76% of the city's housing units. Other types of housing that are prevalent in Lincoln include large apartment complexes or high rise apartments ( 25.73%), row houses and other attached homes ( 7.73%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.84%).
The most prevalent building size and type in Lincoln are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 54.60% owning and 45.40% renting.
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 ( 25.52%). A lesser amount of the housing stock also hails from between 2000 and later ( 19.16%). There's also some housing in Lincoln built before 1939 ( 13.76%).
In the last 10 years, Lincoln has experienced some of the highest home appreciation rates of any community in the nation. Lincoln real estate appreciated 31.34% over the last ten years, which is an average annual home appreciation rate of 2.76%, putting Lincoln in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Lincoln definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Lincoln's appreciation rate, at 6.38%, has been at or slightly above the national average. In the latest quarter, Lincoln's appreciation rate has been 3.06%, which annualizes to a rate of 12.80%.
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 Nebraska, our data show that Lincoln's latest annual appreciation rate is higher than 80% of the other cities and towns in Nebraska.
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.
|$901,001 - $1,201,000||0.2|
|$600,001 - $901,000||1.0|
|$480,001 - $600,000||1.8|
|$360,001 - $480,000||5.0|
|$240,001 - $360,000||17.3|
|$120,001 - $240,000||52.8|
|$60,001 - $120,000||15.7|
|$0 - $60,000||5.8|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2018 Q3 - 2018 Q4
Last 12 Months:
2017 Q4 - 2018 Q4
Last 2 Years:
2016 Q4 - 2018 Q4
Last 5 Years:
2013 Q4 - 2018 Q4
Last 10 Years:
2008 Q4 - 2018 Q4
2000 Q1 - 2018 Q4
|* 10 is highest|
|AGE OF Lincoln HOMES|
|2000 or Newer||19.2|
|1970 - 1999||41.6|
|1940 - 1969||25.5|
|1939 or Older||13.8|
|TYPE OF Lincoln HOMES|
|Small Apt. Buildings||6.8|
|SIZE OF Lincoln HOMES|
|5 or more bedrooms||4.44|