Lincolnton, NC—28092
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lincolnton, NC
As of Oct '25, the median home price in Lincolnton, NC is $290,000, with a year-over-year change of 1.2%. This indicates that home prices in Lincolnton, NC are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $290,000 | 1.2% |
| Single Family | $290,000 | 1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $142,000 | 0.0% |
2 Bed | $184,000 | -0.5% |
3 Bed | $300,000 | 1.7% |
4 Bed | $416,000 | 3.2% |
| 5 Bed | $466,000 | 3.1% |
% of Housing Stock
Rental Trends — Lincolnton, NC
As of July '25, Rentcast reports the average rent in Lincolnton, NC is $1,640, with a year-over-year rent change of 20.6%. Per bedroom, the median rent as of July '25 in Lincolnton, NC is studios: $1,300, 1-bedrooms: $915, 2-bedrooms: $1,330, 3-bedrooms: $1,940, 4-bedrooms: $2,250. The most common rental property sizes in Lincolnton, NC are 2-bedroom and 3-bedroom, accounting for 50.4% and 29.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,520 | $1,640 |
| Studio Rent | $1,100 | $1,300 |
| 1 Bed Rent | $1,000 | $915 |
| 2 Bed Rent | $1,350 | $1,330 |
| 3 Bed Rent | $1,960 | $1,940 |
| 4 Bed Rent | $2,200 | $2,250 |
% of Rental Stock
Property Listings — Lincolnton, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Lincolnton, NC is 63. This is a increase of 10.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $351,000 | -3.0% |
Listing Count | 175 | 6.0% |
| Listings as % of Homes | 0.7% | 6.0% |
Days on Market | 63 | 10.0% |
Demographics — Lincolnton, NC
As of the latest ACS Survey released in 2023, Lincolnton, NC has a population of 40,200, which has increased by 1.3% over the past 5 years. Lincolnton, NC is a moderately popular place for families, as children make up 20.7% of the population. The area has a poorly educated workforce, with 19.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 40,200 | 1.3% |
% Under 18 | 20.7% | -1.4% |
% Seniors | 18.6% | 7.5% |
% WFH | 7.0% | 150.0% |
% w/ College Degree | 19.7% | 24.7% |
As of the latest ACS Survey released in 2023, Lincolnton, NC is a predominantly white area, with 75.7% of the population identifying as white. The white population has shrunk by 2.9% in the last 5 years. The second most common race or ethnicity in Lincolnton, NC is hispanic, making up 10.7% of the population. Foreign-born residents account for 6.2% of the population in Lincolnton, NC, and this percentage has decreased by 7.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 75.7% | -2.9% |
% Black | 9.4% | 20.5% |
% Hispanic | 10.7% | 1.9% |
% Asian | 0.6% | -50.0% |
% Foreign Born | 6.2% | -7.5% |
Mortgage and Risk — Lincolnton, NC
According to HUD data as of 2023, there were 786 mortgage originations in Lincolnton, NC, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Lincolnton, NC. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 786 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Lincolnton, NC
As of 2024, the percent of homes in Lincolnton, NC under the Section 8 program is 5.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Lincolnton, NC, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 534 |
Total Units Section 8 | 265 |
% Rentals under Section 8 | 5.7% |
% Occupied Section 8 | 76.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $10 | $1,000 | $1,010 |
| 2 Bedroom | -$230 | $1,350 | $1,120 |
| 3 Bedroom | -$410 | $1,960 | $1,550 |
| 4 Bedroom | -$530 | $2,200 | $1,670 |
Affordability — Lincolnton, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $290,000 |
| Median Household Income | $62,600 |