Lincoln, NE
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Lincoln Neighborhoods Since 2000




Lincoln, NE 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

Lincoln Housing Market Information

With 277,348 people, 107,574 houses or apartments, and a median cost of homes of $161,676, 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 56.95% of the city's housing units. Other types of housing that are prevalent in Lincoln include large apartment complexes or high rise apartments ( 26.39%), row houses and other attached homes ( 8.21%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.57%).

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 53.91% owning and 46.09% 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 ( 26.66%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.61%). There's also some housing in Lincoln built before 1939 ( 13.94%).

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 13.44%, which ranks in the top 30% nationwide. This equates to an annual average Lincoln house appreciation rate of 1.27%.

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 5.69%, which is higher than appreciation rates in 71.21% 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 0.36%, which equates to an annual appreciation rate of 1.44%.

Relative to Nebraska, our data show that Lincoln's latest annual appreciation rate is higher than 50% 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.

Average Home Values

 

Median Home Value:
$161,676

Lincoln, NE HOME PRICES

Value Range
> $1,138,000 0.5
$853,001 - $1,138,000 0.1
$569,001 - $853,000 0.9
$455,001 - $569,000 1.2
$341,001 - $455,000 4.1
$228,001 - $341,000 15.5
$114,001 - $228,000 54.5
$57,001 - $114,000 16.8
$0 - $57,000 6.3

Very High for NE
Average for Nation

Value Relative to Nation Value Relative to State
44.9490214461502 18.4615384615385

Number Of Homes And Apartments:
107,574

Lincoln Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NE*
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
35.74% 1.79% 2 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,046 / per month

Homeownership Rate

Homeownership
Owners 53.91
Renters 46.09
Vacant 4.82

Housing Market Details

 

Age of Homes

AGE OF Lincoln HOMES
2000 or Newer 17.6
1970 - 1999 41.8
1940 - 1969 26.7
1939 or Older 13.9

Types of Homes

TYPE OF Lincoln HOMES
Single-Family 56.9
Townhomes 8.2
Small Apt. Buildings 6.6
Apt. Complexes 26.4
Mobile Homes 1.9
Other 0.0

Home Size

SIZE OF Lincoln HOMES
No Bedroom 1.99
1 Bedroom 16.05
2 Bedrooms 29.46
3 Bedrooms 33.50
4 Bedrooms 14.77
5 or more bedrooms 4.23