Lincoln City, OR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Lincoln City Neighborhoods Since 2000




Lincoln City, OR 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 City Housing Market Information

With a population of 8,536, 3,876 total housing units (homes and apartments), and a median house value of $290,336, Lincoln City real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Lincoln City, accounting for 65.37% of the city's housing units. Other types of housing that are prevalent in Lincoln City include large apartment complexes or high rise apartments ( 17.21%), duplexes, homes converted to apartments or other small apartment buildings ( 8.00%), and a few mobile homes or trailers ( 7.70%).

People in Lincoln City primarily live in small (one, two or no bedroom) single-family detached homes. Lincoln City has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Lincoln City 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 City built between 1940-1969 ( 27.22%). A lesser amount of the housing stock also hails from before 1939 ( 12.80%). There's also some housing in Lincoln City built between 2000 and later ( 12.19%).

A decent proportion of the Lincoln City housing stock is seasonally occupied. That is, homes and condos in Lincoln City are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Lincoln City housing market speaks to its popularity as a vacation location of choice.

Lincoln City Home Appreciation Rates

Lincoln City's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Lincoln City during the period has been just -1.51%, which is lower than 80% of US communities.

Appreciation rates are so strong in Lincoln City that despite a nationwide downturn in the housing market, Lincoln City real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Lincoln City appreciation rates continue to be some of the highest in America, at 9.56%, which is higher than appreciation rates in 92.51% 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 City. Lincoln City appreciation rates in the latest quarter were at 0.46%, which equates to an annual appreciation rate of 1.84%.

Relative to Oregon, our data show that Lincoln City's latest annual appreciation rate is higher than 50% of the other cities and towns in Oregon.

Average Home Values

 

Median Home Value:
$290,336

Lincoln City, OR HOME PRICES

Value Range
> $1,184,000 2.6
$888,001 - $1,184,000 1.5
$592,001 - $888,000 6.9
$474,001 - $592,000 5.8
$355,001 - $474,000 12.5
$237,001 - $355,000 28.5
$118,001 - $237,000 26.1
$59,001 - $118,000 4.6
$0 - $59,000 11.5

High for OR
Very High for Nation

Value Relative to Nation Value Relative to State
17.209656627212 39.1304347826087

Number Of Homes And Apartments:
3,876

Lincoln City Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OR*
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
72.52% 3.21% 7 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,005 / per month

Homeownership Rate

Homeownership
Owners 45.78
Renters 54.22
Vacant 39.80

Housing Market Details

 

Age of Homes

AGE OF Lincoln City HOMES
2000 or Newer 12.2
1970 - 1999 47.8
1940 - 1969 27.2
1939 or Older 12.8

Types of Homes

TYPE OF Lincoln City HOMES
Single-Family 65.4
Townhomes 1.6
Small Apt. Buildings 8.0
Apt. Complexes 17.2
Mobile Homes 7.7
Other 0.1

Home Size

SIZE OF Lincoln City HOMES
No Bedroom 2.80
1 Bedroom 13.59
2 Bedrooms 36.11
3 Bedrooms 35.08
4 Bedrooms 10.68
5 or more bedrooms 1.74

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Zip Codes in Lincoln City, OR