Southwest Lincoln, Lincoln, NE—68528
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Southwest Lincoln, Lincoln, NE
As of Oct '25, the median home price in Southwest Lincoln, Lincoln, NE is $279,000, with a year-over-year change of 4.0%. This indicates that home prices in Southwest Lincoln, Lincoln, NE are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $279,000 | 4.1% |
| Single Family | $283,000 | 4.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $216,000 | 3.3% |
3 Bed | $280,000 | 4.5% |
4 Bed | $334,000 | 2.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Southwest Lincoln, Lincoln, NE
As of July '25, Rentcast reports the average rent in Southwest Lincoln, Lincoln, NE is $1,290, with a year-over-year rent change of -12.8%. Per bedroom, the median rent as of July '25 in Southwest Lincoln, Lincoln, NE is studios: $984, 1-bedrooms: $952, 2-bedrooms: $1,500, 3-bedrooms: $1,910, 4-bedrooms: $505. The most common rental property sizes in Southwest Lincoln, Lincoln, NE are 2-bedroom and 1-bedroom, accounting for 35.8% and 20.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,210 | $1,290 |
| Studio Rent | $969 | $984 |
| 1 Bed Rent | $695 | $952 |
| 2 Bed Rent | $1,500 | $1,500 |
| 3 Bed Rent | $1,720 | $1,910 |
| 4 Bed Rent | $505 | $505 |
% of Rental Stock
Property Listings — Southwest Lincoln, Lincoln, NE
As of Oct '25, Realtor.com reports that the median days on market for a home in Southwest Lincoln, Lincoln, NE is 42. This is a increase of 34.0% 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 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $325,000 | -3.0% |
Listing Count | 39 | 29.0% |
| Listings as % of Homes | 1.4% | 29.0% |
Days on Market | 42 | 34.0% |
Demographics — Southwest Lincoln, Lincoln, NE
As of the latest ACS Survey released in 2023, Southwest Lincoln, Lincoln, NE has a population of 6,960, which has increased by 4.9% over the past 5 years. Southwest Lincoln, Lincoln, NE is a moderately popular place for families, as children make up 24.8% of the population. The area has a moderately educated workforce, with 43.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,960 | 4.9% |
% Under 18 | 24.8% | -2.0% |
% Seniors | 7.7% | -13.5% |
% WFH | 7.1% | 153.6% |
% w/ College Degree | 43.9% | 53.0% |
As of the latest ACS Survey released in 2023, Southwest Lincoln, Lincoln, NE is a predominantly white area, with 76.1% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Southwest Lincoln, Lincoln, NE is hispanic, making up 9.5% of the population. Foreign-born residents account for 8.9% of the population in Southwest Lincoln, Lincoln, NE, and this percentage has increased by 17.1% 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 | 76.1% | -4.5% |
% Black | 5.8% | 81.2% |
% Hispanic | 9.5% | 4.4% |
% Asian | 4.8% | -17.2% |
% Foreign Born | 8.9% | 17.1% |
Mortgage and Risk — Southwest Lincoln, Lincoln, NE
According to HUD data as of 2023, there were 223 mortgage originations in Southwest Lincoln, Lincoln, NE, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Southwest Lincoln, Lincoln, NE. Investor activity is low, as 4.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 223 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Southwest Lincoln, Lincoln, NE
As of 2024, the percent of homes in Southwest Lincoln, Lincoln, NE under the Section 8 program is 9.6%. 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 and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Southwest Lincoln, Lincoln, NE, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 109 |
Total Units Section 8 | 108 |
% Rentals under Section 8 | 9.6% |
% Occupied Section 8 | 89.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $415 | $695 | $1,110 |
| 2 Bedroom | -$130 | $1,500 | $1,370 |
| 3 Bedroom | $200 | $1,720 | $1,920 |
| 4 Bedroom | $1,545 | $505 | $2,050 |
Affordability — Southwest Lincoln, Lincoln, NE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $279,000 |
| Median Household Income | $75,000 |