Lincoln, NE Foreclosures
How much do homes sell for in Lincoln, NE?
The average home price is currently $362,264.
In Lincoln, NE, how many homes are available?
There are currently 994 active home listings available in Lincoln.
What’s the average rental cost in Lincoln, NE?
The average rental price in Lincoln is $1,360.
What is the most expensive home in Lincoln?
The most expensive home sold in Lincoln had a price of $93,273,660.
What is currently the cheapest priced home in Lincoln, NE?
The cheapest home for sale in Lincoln is priced at $15,998.
Living in Lincoln, NE
Lincoln, NE, is a vibrant city known for its blend of historical charm and modern amenities. With a strong sense of community, abundant recreational spaces, and excellent schools, it's a prime location for families and professionals alike. The city's downtown area is filled with shops and eateries, contributing to its lively atmosphere.
Current Market Conditions in Lincoln, NE
The real estate market in Lincoln, NE, has shown a steady increase in home prices over the past year, reflecting the city's growing popularity among homebuyers. Demand continues to outpace supply, particularly for single-family homes, which has led to multiple offers on well-priced properties. The rental market is also robust, driven by the presence of the university and a growing workforce seeking transitional housing.
Though home prices have appreciated, Lincoln remains affordable relative to many other urban areas in the Midwest, attracting first-time homebuyers and investors. The market is characterized by diverse housing options, from historic homes to new developments, catering to various preferences and budgets.
Home Value Estimator For Lincoln, NE
There are currently 95,054 real estate properties
in Lincoln, NE,
with a median automated valuation model (AVM) price
of $284,527.00. 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, NE, 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, NE,
is $362,264.00, with the most expensive house
in Lincoln, NE, topping out
at $93,273,660.00 and the cheapest home
in Lincoln, NE,
clocking in at $15,998.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lincoln, NE!
Rent Prices
In Lincoln, NE
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lincoln, NE, is on
a rollercoaster ride. The
average rent price in Lincoln, NE,
is $1,360.00. Indeed, when looking to rent in
Lincoln, NE, you can expect to pay as little
as $430.00 or as much
as $4,350.00,
with the average rent median estimated to
be $1,320.00. The good news is that finding
an affordable and desirable property to rent in Lincoln, NE
-- 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.
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