Lincoln, RI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Lincoln Neighborhoods Since 2000




Lincoln, RI 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 21,670 people, 8,084 houses or apartments, and a median cost of homes of $281,752, Lincoln 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, accounting for 59.82% of the town's housing units. Other types of housing that are prevalent in Lincoln include duplexes, homes converted to apartments or other small apartment buildings ( 19.80%), large apartment complexes or high rise apartments ( 18.17%), and a few row houses and other attached homes ( 1.72%).

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 68.52% of Lincoln's homes, and 57.46% have either three or four bedrooms, which is average sized relative to America.

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 before 1939 ( 29.81%). A lesser amount of the housing stock also hails from between 1940-1969 ( 29.30%). There's also some housing in Lincoln built between 2000 and later ( 8.39%).

Lincoln Home Appreciation Rates

Lincoln's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Lincoln during the period has been just -1.73%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Lincoln's appreciation rate, at 4.33%, has been at or slightly above the national average. In the latest quarter, Lincoln's appreciation rate has been 0.64%, which annualizes to a rate of 2.59%.

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

Average Home Values

 

Median Home Value:
$281,752

Lincoln, RI HOME PRICES

Value Range
> $1,126,000 0.6
$845,001 - $1,126,000 1.2
$563,001 - $845,000 6.9
$450,001 - $563,000 10.0
$338,001 - $450,000 16.7
$225,001 - $338,000 39.0
$113,001 - $225,000 19.1
$56,001 - $113,000 4.0
$0 - $56,000 2.4

Low for RI
Very High for Nation

Value Relative to Nation Value Relative to State
18.287823743115 66.6666666666667

Number Of Homes And Apartments:
8,084

Lincoln Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate 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
45.66% 2.20% 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,195 / per month

Homeownership Rate

Homeownership
Owners 68.52
Renters 31.48
Vacant 6.19

Housing Market Details

 

Age of Homes

AGE OF Lincoln HOMES
2000 or Newer 8.4
1970 - 1999 32.5
1940 - 1969 29.3
1939 or Older 29.8

Types of Homes

TYPE OF Lincoln HOMES
Single-Family 59.8
Townhomes 1.7
Small Apt. Buildings 19.8
Apt. Complexes 18.2
Mobile Homes 0.5
Other 0.0

Home Size

SIZE OF Lincoln HOMES
No Bedroom 1.75
1 Bedroom 11.96
2 Bedrooms 24.56
3 Bedrooms 40.90
4 Bedrooms 16.56
5 or more bedrooms 4.27