Northwest Lincoln, Lincoln, NE—68507
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Northwest Lincoln, Lincoln, NE
As of Oct '25, the median home price in Northwest Lincoln, Lincoln, NE is $243,000, with a year-over-year change of 3.9%. This indicates that home prices in Northwest Lincoln, Lincoln, NE 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 | $243,000 | 3.9% |
| Single Family | $243,000 | 4.3% |
| Condos | $263,000 | 5.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $161,000 | 3.9% |
2 Bed | $206,000 | 4.6% |
3 Bed | $258,000 | 3.6% |
4 Bed | $344,000 | 3.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Northwest Lincoln, Lincoln, NE
As of July '25, Rentcast reports the average rent in Northwest Lincoln, Lincoln, NE is $1,160, with a year-over-year rent change of -0.9%. Per bedroom, the median rent as of July '25 in Northwest Lincoln, Lincoln, NE is studios: $795, 1-bedrooms: $832, 2-bedrooms: $1,290, 3-bedrooms: $1,480, 4-bedrooms: $1,930. The most common rental property sizes in Northwest Lincoln, Lincoln, NE are 1-bedroom and 2-bedroom, accounting for 28.7% and 28.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $860 | $1,160 |
| Studio Rent | $795 | $795 |
| 1 Bed Rent | $825 | $832 |
| 2 Bed Rent | $1,350 | $1,290 |
| 3 Bed Rent | $1,300 | $1,480 |
| 4 Bed Rent | $1,900 | $1,930 |
% of Rental Stock
Property Listings — Northwest Lincoln, Lincoln, NE
As of Oct '25, Realtor.com reports that the median days on market for a home in Northwest Lincoln, Lincoln, NE is 26. This is a decrease of -21.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $268,000 | -3.0% |
Listing Count | 60 | -6.0% |
| Listings as % of Homes | 0.5% | -6.0% |
Days on Market | 26 | -21.0% |
Demographics — Northwest Lincoln, Lincoln, NE
As of the latest ACS Survey released in 2023, Northwest Lincoln, Lincoln, NE has a population of 16,500, which has increased by 15.0% over the past 5 years. Northwest Lincoln, Lincoln, NE is a moderately popular place for families, as children make up 22.8% of the population. The area has a moderately educated workforce, with 32.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,500 | 15.0% |
% Under 18 | 22.8% | 8.1% |
% Seniors | 18.4% | 10.2% |
% WFH | 8.0% | 128.6% |
% w/ College Degree | 32.4% | 5.9% |
As of the latest ACS Survey released in 2023, Northwest Lincoln, Lincoln, NE is a predominantly white area, with 82.0% of the population identifying as white. The white population has shrunk by 8.1% in the last 5 years. The second most common race or ethnicity in Northwest Lincoln, Lincoln, NE is hispanic, making up 9.0% of the population. Foreign-born residents account for 4.1% of the population in Northwest Lincoln, Lincoln, NE, and this percentage has increased by 64.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 82.0% | -8.1% |
% Black | 1.7% | 112.5% |
% Hispanic | 9.0% | 80.0% |
% Asian | 1.4% | -26.3% |
% Foreign Born | 4.1% | 64.0% |
Mortgage and Risk — Northwest Lincoln, Lincoln, NE
According to HUD data as of 2023, there were 271 mortgage originations in Northwest Lincoln, Lincoln, NE, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Northwest Lincoln, Lincoln, NE. Investor activity is low, as 5.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 271 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Northwest Lincoln, Lincoln, NE
As of 2024, the percent of homes in Northwest Lincoln, Lincoln, NE under the Section 8 program is 15.6%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Northwest Lincoln, Lincoln, NE, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 331 |
Total Units Section 8 | 315 |
% Rentals under Section 8 | 15.6% |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$5 | $825 | $820 |
| 2 Bedroom | -$330 | $1,350 | $1,020 |
| 3 Bedroom | $130 | $1,300 | $1,430 |
| 4 Bedroom | -$370 | $1,900 | $1,530 |
Affordability — Northwest Lincoln, Lincoln, NE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $243,000 |
| Median Household Income | $71,200 |