Welcome to our 68506 real estate data hub, tailored for investors in Lincoln, NE. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 68506 in Lincoln, NE. Discover Section 8 housing opportunities and challenges to maximize your investment potential in LANCASTER COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Lincoln, NE real estate investing. Uncover the wealth of information available, and position yourself for success in the Lincoln property market.
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Location Overview
- Zip Code: 68506
- City: Lincoln
- State: NE
- Metro Area: Lincoln, NE
- County Name: LANCASTER COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $256,800
- Average Home Price (Single Family Homes): $260,104
- Average Monthly Rental Price (All Types): $1,037
- Price-to-Rent Ratio: 21
- Zillow Projected % appreciation from 4/2023-4/2024: -0.2%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,090
- Average 3 Bedroom Section 8 Rental Rates: $1,530
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 19.63
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 13.99
- Number of Units Offered in Section 8 in the County: 1219
- Number of Occupied Units in Section 8 in the County: 1151
- Percentage of Section 8 Units Occupied in the County: 94.40000153%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 218.67
- Total % Appreciation since 2000 (Government Data): 110.59
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.75%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 2.92%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 22.85%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 35.69%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 69.01%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 63.5%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 77.35%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -4.28%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 5.18%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%