According to statistics, the population in Lincoln, NE amounts to 287,399, which shows decline 1% compared to the previous year. The median age of the city’s residents is 33. The average household income is $55,388, shifting decline -1% from the past year, and the average property value in Lincoln, NE growth 1% to $173,600 throughout the year.
|Number Of Employees||160,800|
|Median Property Value||$173,600|
The average household income in Lincoln, NE declined from $56,160 to $55,388 in the past year. This data is an estimate based upon 114,870 households in Lincoln, NE . The chart below presents how household income is distributed in Lincoln, NE in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Lincoln, NE shifted from $171,300 to $173,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Lincoln, NE in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Lincoln, NE properties falls in the '$150,000 to $174,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Lincoln, NE compared to median property taxes around the country. The prevalent amount of property taxes in Lincoln, NE equals $3000, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$222,500||-17.6%|
|1 bed for sale||$312,500||+47.9%|
|2 bed for sale||$210,488||+2.5%|
|3 bed for sale||$281,019||+6.5%|
|4+ bed for sale||$404,406||-65.5%|
During Jul 2022, the average price for an apartment in/near Lincoln, NE decreased by 48.5% to $325,123.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 47.9% to $312,500. Asking price for 2-bed apartment also increased by 2.5% and a place of this size will now cost you $210,488. A 3-bed apartment goes for $281,019, it increased by 6.5% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 65.5% and made it down to $404,406.
|Listing Type||Jul||vs Last Month|
|Townhouses for sale||$379,662||+19.7%|
|Houses for sale||$338,278||-52.9%|
|Condos for sale||$286,809||+5%|
|Land for sale||$85,105||-41.6%|
|Duplexes for sale||$425,000||-5.6%|
Price reports demonstrate that house price decreased by 52.9% this month making it up to $338,278. Condos are really in demand in this season. The median price for a condo increased by 5%, it’s now available for $286,809. You can now purchase a duplex for just $425,000, duplex price decreased by 5.6% this month. The property value of townhouses increased by 19.7%, you’ll have to spend around $379,662 to get one.