Lincoln Mall Area, Lincoln, NE—68512
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lincoln Mall Area, Lincoln, NE
As of Oct '25, the median home price in Lincoln Mall Area, Lincoln, NE is $341,000, with a year-over-year change of 3.6%. This indicates that home prices in Lincoln Mall Area, Lincoln, NE are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $341,000 | 3.6% |
| Single Family | $345,000 | 3.9% |
| Condos | $244,000 | 8.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $669,000 | 4.0% |
2 Bed | $251,000 | 4.6% |
3 Bed | $311,000 | 4.4% |
4 Bed | $468,000 | 3.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lincoln Mall Area, Lincoln, NE
As of July '25, Rentcast reports the average rent in Lincoln Mall Area, Lincoln, NE is $1,740, with a year-over-year rent change of -5.9%. Per bedroom, the median rent as of July '25 in Lincoln Mall Area, Lincoln, NE is studios: $1,280, 1-bedrooms: $1,220, 2-bedrooms: $1,430, 3-bedrooms: $2,900, 4-bedrooms: $2,450. The most common rental property sizes in Lincoln Mall Area, Lincoln, NE are 2-bedroom and 1-bedroom, accounting for 41.1% and 35.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,520 | $1,740 |
| Studio Rent | $1,280 | $1,280 |
| 1 Bed Rent | $1,250 | $1,220 |
| 2 Bed Rent | $1,480 | $1,430 |
| 3 Bed Rent | $2,900 | $2,900 |
| 4 Bed Rent | $2,250 | $2,450 |
% of Rental Stock
Property Listings — Lincoln Mall Area, Lincoln, NE
As of Oct '25, Realtor.com reports that the median days on market for a home in Lincoln Mall Area, Lincoln, NE is 39. This is a increase of 11.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $377,000 | 16.0% |
Listing Count | 58 | 25.0% |
| Listings as % of Homes | 0.4% | 25.0% |
Days on Market | 39 | 11.0% |
Demographics — Lincoln Mall Area, Lincoln, NE
As of the latest ACS Survey released in 2023, Lincoln Mall Area, Lincoln, NE has a population of 13,700, which has remained stable by 0.1% over the past 5 years. Lincoln Mall Area, Lincoln, NE is a moderately popular place for families, as children make up 21.1% of the population. The area has a highly educated workforce, with 51.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,700 | 0.1% |
% Under 18 | 21.1% | -20.4% |
% Seniors | 17.4% | 33.8% |
% WFH | 10.9% | 67.7% |
% w/ College Degree | 51.2% | 6.7% |
As of the latest ACS Survey released in 2023, Lincoln Mall Area, Lincoln, NE is a predominantly white area, with 84.4% of the population identifying as white. The white population has grown by 3.2% in the last 5 years. The second most common race or ethnicity in Lincoln Mall Area, Lincoln, NE is asian, making up 6.4% of the population. Foreign-born residents account for 10.0% of the population in Lincoln Mall Area, Lincoln, NE, and this percentage has decreased by 1.0% 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 | 84.4% | 3.2% |
% Black | 2.1% | -46.2% |
% Hispanic | 4.2% | 10.5% |
% Asian | 6.4% | -1.5% |
% Foreign Born | 10.0% | -1.0% |
Mortgage and Risk — Lincoln Mall Area, Lincoln, NE
According to HUD data as of 2023, there were 204 mortgage originations in Lincoln Mall Area, Lincoln, NE, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Lincoln Mall Area, Lincoln, NE. Investor activity is low, as 4.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 204 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Lincoln Mall Area, Lincoln, NE
As of 2024, the percent of homes in Lincoln Mall Area, Lincoln, NE under the Section 8 program is 2.4%. 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. In Lincoln Mall Area, Lincoln, NE, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 43 |
Total Units Section 8 | 41 |
% Rentals under Section 8 | 2.4% |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$140 | $1,250 | $1,110 |
| 2 Bedroom | -$110 | $1,480 | $1,370 |
| 3 Bedroom | -$980 | $2,900 | $1,920 |
| 4 Bedroom | -$200 | $2,250 | $2,050 |
Affordability — Lincoln Mall Area, Lincoln, NE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $341,000 |
| Median Household Income | $102,000 |