Lincoln housing market
Typical home value
$301K
▲ 3.1% 1 yr
Typical rent
$1,281/mo
▲ 1.7% 1 yr
12-month forecast
+2.7%
#169 of 546 metros
Gross rent yield
5.1%
#396 of 546 · U.S. 6.3%
Days to pending
35 days
▲ +4 days 1 yr
Listings with a price cut
32%
▲ +2.7 pts 1 yr
Key takeaways
- 1The typical home is worth $300,524, up 3.1% in a year and up 24% over five years.
- 2Zillow forecasts home values rising 2.7% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,281/mo (+1.7% YoY), a 5.1% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $1,652/mo in principal and interest, $371 more than renting.
- 5Homes go under contract in 35 days (+4 days vs last year); 32% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 28/100, #468 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Lincoln compares
| Measure | Lincoln | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +3.1% | +1.2% | #189 |
| Home value, 5-yr change | +23.8% | +19.7% | |
| 12-month forecast | +2.7% | +1.1% | #169 |
| Rent, 1-yr change | +1.7% | +2.7% | #438 |
| Gross rent yield | 5.1% | 6.3% | #396 |
| Price-to-rent ratio | 19.6 | 15.8 | |
| Mortgage P&I on typical home | $1,652 | $2,012 | |
| Income needed to buy | $89,084 | $100,902 | |
| Days to pending | 35 | 56 |
Cities in the Lincoln metro
1 cities with home value and rent data.
| Lincoln | $291K | ▲ 2.8% | $1,278 | ▲ 1.5% | 5.3% |
Run the numbers
Rental property calculator
Cash flow on a typical Lincoln rental ($301K, $1,281/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Lincoln home.
Rent vs buy
Is it cheaper to rent or buy in Lincoln?
Other Nebraska metros
Omaha, NE
$306K home$1,398 rent5.5% yield
▲ 2.7% 1 yr
Grand Island, NE
$255K home$1,340 rent6.3% yield
■ 0.0% 1 yr
Kearney, NE
$299K home$1,686 rent6.8% yield
▲ 6.3% 1 yr
Fremont, NE
$240K home$1,203 rent6.0% yield
▲ 3.5% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.