Lincoln City, OR—97367
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lincoln City, OR
As of Oct '25, the median home price in Lincoln City, OR is $477,000, with a year-over-year change of -1.8%. This indicates that home prices in Lincoln City, OR are decreasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $477,000 | -1.8% |
| Single Family | $496,000 | -1.4% |
| Condos | $310,000 | -1.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $277,000 | -3.1% |
2 Bed | $407,000 | -2.9% |
3 Bed | $538,000 | -0.9% |
4 Bed | $691,000 | -1.3% |
| 5 Bed | $851,000 | -1.7% |
% of Housing Stock
Rental Trends — Lincoln City, OR
As of July '25, Rentcast reports the average rent in Lincoln City, OR is $2,240, with a year-over-year rent change of 7.2%. Per bedroom, the median rent as of July '25 in Lincoln City, OR is studios: $1,450, 1-bedrooms: $1,540, 2-bedrooms: $1,940, 3-bedrooms: $2,910, 4-bedrooms: $3,240. The most common rental property sizes in Lincoln City, OR are 2-bedroom and 3-bedroom, accounting for 54.8% and 13.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,240 |
| Studio Rent | $1,400 | $1,450 |
| 1 Bed Rent | $1,400 | $1,540 |
| 2 Bed Rent | $1,850 | $1,940 |
| 3 Bed Rent | $2,800 | $2,910 |
| 4 Bed Rent | $3,000 | $3,240 |
% of Rental Stock
Property Listings — Lincoln City, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Lincoln City, OR is 88. 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $596,000 | 0.0% |
Listing Count | 207 | 22.0% |
| Listings as % of Homes | 1.2% | 22.0% |
Days on Market | 88 | 10.0% |
Demographics — Lincoln City, OR
As of the latest ACS Survey released in 2023, Lincoln City, OR has a population of 11,300, which has increased by 19.6% over the past 5 years. Lincoln City, OR is a less popular place for families, as children make up 14.5% of the population. The area has a moderately educated workforce, with 29.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,300 | 19.6% |
% Under 18 | 14.5% | -17.1% |
% Seniors | 31.4% | 11.7% |
% WFH | 16.4% | 178.0% |
% w/ College Degree | 29.4% | 19.5% |
As of the latest ACS Survey released in 2023, Lincoln City, OR is a predominantly white area, with 77.3% of the population identifying as white. The white population has shrunk by 4.8% in the last 5 years. The second most common race or ethnicity in Lincoln City, OR is hispanic, making up 11.7% of the population. Foreign-born residents account for 8.3% of the population in Lincoln City, OR, and this percentage has increased by 20.3% 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 | 77.3% | -4.8% |
% Black | 0.2% | 0.0% |
% Hispanic | 11.7% | 8.3% |
% Asian | 3.0% | 25.0% |
% Foreign Born | 8.3% | 20.3% |
Mortgage and Risk — Lincoln City, OR
According to HUD data as of 2023, there were 342 mortgage originations in Lincoln City, OR, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Lincoln City, OR. Investor activity is low, as 4.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 342 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 4.0% |
% Second Loans | 17.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Lincoln City, OR
Lincoln City, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 296 |
Total Units Section 8 | 296 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 96.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$340 | $1,400 | $1,060 |
| 2 Bedroom | -$460 | $1,850 | $1,390 |
| 3 Bedroom | -$860 | $2,800 | $1,940 |
| 4 Bedroom | -$670 | $3,000 | $2,330 |
Affordability — Lincoln City, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.1 |
| Median Home Price | $477,000 |
| Median Household Income | $58,800 |