Lincoln Real Estate Market Overview
Public School Ranking:
Selling a House in Lincoln, NE
According to statistics, selling a home in the month of May means earning the highest value and having the fastest sale. April is also a promising time to sell, due to favorable weather and more relaxed school schedules. The median home value in Lincoln is around $197,791, but it’s predicted to decrease within the next year. The average time it usually takes to sell is around 54 days, but this can’t be promised with every listing. If you’re worried about how long it’ll take to sell your home, we suggest using an iBuyer. iBuying is one of the few real estate methods that can promise their customers a fast sale. They will give you a quick offer, and an even quicker closing time than any other real estate option. You won’t have to worry about potential buyers, the condition of the real estate market, or whether your home will actually sell.
Location & Weather
Lincoln can be found within The Dissected Till Plains region of Nebraska. It is the capitol and second most populous city in the state. It is located in Lancaster County, and is home to the University of Nebraska. Lincoln is known for hosting a variety of events, and offers unique dining experiences, museums, tours, and 125 different parks to those who live there. Residents, students, and tourists alike can spend their days exploring trails, taking trips to the nearby city of Omaha, or walking around to different museums, such as the Sheldon Museum of Art. At night, a popular spot to check out is O Street. This area features Club Karma and several other night-life venues. The public schools are also well-rated, which is another advantage for those who have young ones.
The weather in Lincoln consists of humid summers and cold, windy winters. Summer temperatures have highs in the 80’s and lows in the 50’s. Winters have highs in the 40’s and lows in the teens.
Population, Job Market & Cost of Living
The population in Lincoln is 293,905, and has a growing rate of 1.12%. The job growth here has increased by 1.5% over the last year and in ten years, is predicted to have increased by 31.1%. Prominent industries to work for include insurance and financial services, manufacturing, agriculture, transportation, and the service industry. The biggest companies to work for in Lincoln are Duncan Aviation, Railcrew Xpress, Bryan Health, Nebraska.gov, and the Transportation Service Bureau. The cost of living in this city is below the U.S. average, and housing remains the largest contributor to its price.
Lincoln has maintained its reputation of having impressive schools, an affordable living cost, and an active art culture. If you’re someone who is looking for a home with similar qualities, you should consider the city of Lincoln.