NE · Metro #154

Lincoln - NE housing market

The Lincoln metro has a typical home value of $304,242, up 4.1% from a year ago. Homes are moving fast at 7 days on market - a strong seller's market. 23% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$304,242
+4.1% vs. year ago
Median sale price
$281,233
+3.2% YoY
Median list price
$318,333
Sale-to-list ratio
98.5%
Selling below ask
Days on market
7d
Listings w/ price cut
23.3%
New listings / mo
442
-0.7% YoY
Homes for sale
931
+9.4% YoY
Typical rent
$1,344/mo
+2.6% YoY
Context

How to read this data

The typical home value ($304,242) is the Zillow Home Value Index for the Lincoln - NE metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 4.1% over the past year. In Lincoln - NE, that means a home worth $292,259 last year is now worth roughly $304,242.

The median sale price , what homes actually close for , is $281,233. Homes are selling at 98.5% of list price, meaning buyers have room to negotiate.

Homes listed in Lincoln - NE sit on the market for roughly 7 days before going pending. Shorter = seller's market; longer = buyer's market.

About 23.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 442 new listings hit the market each month in Lincoln - NE. There are currently 931 homes for sale, up 9.4% from a year ago.

The typical monthly rent in Lincoln - NE is $1,344, up 2.6% year over year. For investors, the price-to-rent ratio here is roughly 19x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

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Related

Other metros in NE

MetroHome value1-yr changeDays on market
Omaha - NE$310,337 +2.2% 8.0d
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