68516 Home Values & Market Trends

There are 16 homes currently listed for 68516. 68516 real estate market trends show that home prices range from $270,000 to $649,000, and the median sales price in the 68516 zip code is $362,223.93. The total number of properties sold within the past twelve months is 785. In 68516, 6 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.

68516 Real Estate Market Overview

CityMedian Est. Value
Lincoln

$ 343,068

$ 156/sqft

Housing Market Summary for 68516

Apr 2023March 2024Change
Median Listing Price$454K$350.2K-22.87%
Median Sold Price$335.5K$350.2K4.37%
Homes For Sale131623.08%
Homes Sold38643612.95%
Price
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Homes For Sale
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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%.

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Browse Homes in 68516

The median list price of a home in Lincoln, is $362,223.93. A total of 16 properties are for sale, and the percentage of properties for sale in the zip code is 16.00%. The total count of 68516 properties is 15,173.

Foreclosure
There is 1 cities within 68516; within this cities, the median estimated home value for homes in foreclosure ranges from $1,338,353 in lincoln to the lowest value of $83,430 in lincoln. Foreclosure homes account for 0.00% of properties in 68516 with lincoln containing 52 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.03% of all residential properties in 68516 with lincoln containing 35 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 68516; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,338,353 in lincoln to the lowest home value of $83,430 in lincoln.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 68516 ranges from the highest value of $270,073 in lincoln to the lowest value of $175,000 in lincoln. Bank owned homes and properties account for 0.01% of properties in 68516. There is 1 cities within 68516; lincoln containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 68516. Auction homes and other auction properties account for 0% of all properties in 68516. There is 1 cities within 68516; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.11% of residential properties in 68516 with lincoln containing 117 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 68516; homes for sale in that cities, have a range of median values from $898,374 in lincoln to the lowest value of $88,000 in lincoln.
    Sold Homes
    The median value for recently sold homes ranges from $2,397,489 in lincoln to the lowest price of $29,490 in lincoln. There is 1 cities within 68516. lincoln has 2347 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.89% of properties in 68516.

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      Guide for 68516

      Wholesaling
      Lincoln’s Real Estate Market Shows Strong Growth Trend from March 2023 to February 2024
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      Omaha Real Estate Market Thrives Amidst Fluctuations – A Look At Early 2023 to 2024 Trends
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      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      Market Reports
      Little Rock Real Estate: Climbing Property Values and Investment Potential – Market Report April 2024
      See More Articles
      Lincoln’s Real Estate Market Shows Strong Growth Trend from March 2023 to February 2024
      Wholesaling|posted 25 March 2024

      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 Real Estate Market Thrives Amidst Fluctuations – A Look At Early 2023 to 2024 Trends
      Wholesaling|posted 8 February 2024

      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

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      Little Rock Real Estate: Climbing Property Values and Investment Potential – Market Report April 2024
      Market Reports|posted 8 April 2024

      The Little Rock real estate market has shown growth in average property values and prices per square foot between April 2023 and March 2024, indicating an investment-friendly environment.

      Recently Listed Homes 68516

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