Lincoln, NE Home Values & Market Trends
Real estate market trends reflect that there have been 4,615 transactions over the past year in Lincoln. The median value for residential home transactions that occurred over the previous year is $266,613.71. The number of current listings in Lincoln is 128, and the percentage of properties for sale in the city is 128.00%. Lincoln, NE currently has 44 properties in foreclosure, 2 bank owned properties, 17 properties headed for auction, and 128 properties for sale.
Lincoln, NE Real Estate Market Overview
Zip | Median Est. Value | Zip | Median Est. Value |
---|---|---|---|
68502 | $ 254,425 $ 133/sqft | 68523 | $ 480,000 $ 165/sqft |
68516 | $ 498,986 $ 183/sqft | 68527 | $ 498,526 $ 181/sqft |
68506 | $ 254,585 $ 127/sqft | 68528 | $ 250,255 $ 180/sqft |
68510 | $ 259,766 $ 134/sqft | 68504 | $ 201,068 $ 128/sqft |
68526 | $ 505,126 $ 180/sqft | 68522 | $ 317,437 $ 134/sqft |
68508 | $ 95,000 $ 159/sqft | 68524 | $ 319,000 $ 121/sqft |
68521 | $ 271,371 $ 162/sqft | 68514 | $ -- $ -- |
68505 | $ 279,299 $ 134/sqft | 68517 | $ -- $ -- |
68507 | $ 344,408 $ 139/sqft | 68588 | $ -- $ -- |
68512 | $ 436,812 $ 137/sqft | 68531 | $ -- $ -- |
68503 | $ 152,348 $ 93/sqft | 68532 | $ -- $ -- |
68520 | $ 542,000 $ 221/sqft |
Housing Market Summary for Lincoln, NE
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $325K | $268.3K | -17.45% |
Median Sold Price | $261.3K | $268.3K | 2.68% |
Homes For Sale | 65 | 128 | 96.92% |
Homes Sold | 2,073 | 2,287 | 10.32% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
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Browse Homes in Lincoln, NE
Lincoln home values range from $21,514 to $3,968,305. The median estimated value of a home in Lincoln is $266,613.71. The median list price of a home is 337,250, and the total count of properties in the city is 84,929.
- Pre-ForeclosurePre-foreclosure homes account for 0.03% of all residential properties in Lincoln, NE with 68516 containing 5 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 23 zips within Lincoln, NE; of those zips, the estimated home value for pre-foreclosure homes ranges from $478,616 in 68520 to the lowest home value of $83,430 in 68505.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lincoln, NE ranges from the highest value of $175,000 in 68516 to the lowest value of $175,000 in 68510. Bank owned homes and properties account for 0.00% of properties in Lincoln, NE. There are 23 zips within Lincoln, NE; 68510 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions68521 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Lincoln, NE. Auction homes and other auction properties account for 0.02% of all properties in Lincoln, NE. There are 23 zips within Lincoln, NE; of those zips, the median estimated home value for homes going to auction ranges from $311,634 in 68502 to the lowest value of $94,490 in 68502.
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Guide for Lincoln, NE
Lincoln, Nebraska’s real estate market has seen steady growth in average property values from March 2023 to February 2024. The market exhibits rising demand and prices, indicating there may be value buys available.
Omaha’s real estate market displayed significant activity with a seasonal peak in sold properties and fluctuations in property values and demand, alongside notable price differences between Douglas and Sarpy Counties and varied trends in nearby cities, indicating a dynamic and diverse housing market
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.