Property prices for sale in Lincoln (Nebraska)

The prices in real estate in Lincoln, in the Nebraska region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$410,929.83
Average price last 6 months
$381.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Lincoln has increased strongly during the last 6 months. In September, the average price per sq.feet was $220. In the following month the price per sq.feet increased considerably to $504. The price for the following two months in (November, December) had a considerable increment of 142 %. The price per sq.feet has had a considerable deflation of 61 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $438 to $269 during January, and February.

Average price

Based upon to the price in Lincoln (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during September, is $359,342. During October the price went through a considerable rise reaching $425,595. In the following two months the average price has remained the same with regard to the previous two months from $392,468.5 to $404,858. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $402,364 they are 32 % more affordable than the average price for Lincoln. The properties with the highest average price have 4 bedrooms, Their price is 24 % more costly than the average. After that we have properties with 3 bedrooms priced at $338,519.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $157 / sq.feet, with an average $372 / sq.feet price in Lincoln. The properties with the lowest average prices have 1 bedroom. They are 39 % cheaper than the average followed by properties with 2 bedrooms with a price at $201 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $402,364 it is 60 % cheaper than the average price in Lincoln. "Detached House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $287,556 it is 19 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $159 / sq.feet followed by "Condo" priced at $215 / sq.feet. "Land" is the most costly type of property with a $48,459 / sq.feet cost followed by "Detached House" with an average price of $956 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Lincoln
Number of properties used in region Nebraska
$402,364
$372
10,130
70,502
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value