Lincoln, NE Foreclosures
How much do homes sell for in Lincoln, NE?
The average home price is currently $362,666.
In Lincoln, NE, how many homes are available?
There are currently 95 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 $92,679,128.
What is currently the cheapest priced home in Lincoln, NE?
The cheapest home for sale in Lincoln is priced at $16,039.
Living in Lincoln, NE
Lincoln, Nebraska is a thriving capital city known for its friendly community, vibrant culture, and access to outdoor activities. With the presence of the University of Nebraska, there is a diverse atmosphere enriched by cultural events and educational opportunities. Lincoln offers a mix of urban convenience and green spaces, making it an appealing place to live for families and professionals alike.
Current Market Conditions in Lincoln, NE
The real estate market in Lincoln continues to show signs of strength, with home prices steadily increasing over the past few months. The demand for housing remains high as new families and professionals relocate to the city, attracted by its quality of life and amenities. Inventory levels have been somewhat low, which contributes to the competition among buyers.
Over the past year, Lincoln has established itself as a desirable location, resulting in a robust housing market. The combination of economic growth, coupled with low-interest rates, led to increased buyer activity, pushing home prices up slightly over previous years.
Home Value Estimator For Lincoln, NE
There are currently 94,992 real estate properties
in Lincoln, NE,
with a median automated valuation model (AVM) price
of $286,528.00. 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 $362,666.00, with the most expensive house
in Lincoln, NE, topping out
at $92,679,128.00 and the cheapest home
in Lincoln, NE,
clocking in at $16,039.00. 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.
Learn more on Foreclosure homes
