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Cheap Homes in Lincoln, DE

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Lincoln, DE Foreclosures

How much do homes sell for in Lincoln, DE?
The average home price is currently $328,223.
In Lincoln, DE, how many homes are available?
There are currently 2 active home listings available in Lincoln.
What’s the average rental cost in Lincoln, DE?
The average rental price in Lincoln is $1,465.
What is the most expensive home in Lincoln?
The most expensive home sold in Lincoln had a price of $4,791,669.
What is currently the cheapest priced home in Lincoln, DE?
The cheapest home for sale in Lincoln is priced at $10,110.

Living in Lincoln, DE

Lincoln, DE is a charming small town offering a peaceful lifestyle surrounded by nature and a closely-knit community. With convenient access to essential amenities, good schools, and a variety of recreational activities, Lincoln is an appealing choice for those seeking tranquility near urban conveniences. Its friendly atmosphere makes it a great place for families and retirees alike.

Current Market Conditions in Lincoln, DE

Currently, the real estate market in Lincoln is experiencing moderate growth, driven by an influx of new residents looking for affordable housing options in a peaceful setting. Home prices have been steadily increasing over the past year due to rising demand, and available properties are being sold relatively quickly, with many listings receiving multiple offers.

The interest in Lincoln can be attributed to its convenient proximity to larger cities and a desirable lifestyle, which promotes ongoing interest from out-of-state buyers searching for vacation homes or retirement properties. As a result, the market remains competitive, showcasing a mix of both new constructions and older homes with character.

Home Value Estimator For Lincoln, DE

There are currently 3,569 real estate properties in Lincoln, DE, with a median automated valuation model (AVM) price of $297,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lincoln, DE, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lincoln, DE, is $328,223.00, with the most expensive house in Lincoln, DE, topping out at $4,791,669.00 and the cheapest home in Lincoln, DE, clocking in at $10,110.00. In other words, there’s something for every potential homebuyer or savvy investor in Lincoln, DE!

Rent Prices In Lincoln, DE

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lincoln, DE, is on a rollercoaster ride. The average rent price in Lincoln, DE, is $1,465.00. Indeed, when looking to rent in Lincoln, DE, you can expect to pay as little as $920.00 or as much as $2,280.00, with the average rent median estimated to be $1,450.00. The good news is that finding an affordable and desirable property to rent in Lincoln, DE -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cheap Homes in Lincoln, DE


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