Lincoln, Vancouver, WA—98663
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lincoln, Vancouver, WA
As of Oct '25, the median home price in Lincoln, Vancouver, WA is $465,000, with a year-over-year change of -1.4%. This indicates that home prices in Lincoln, Vancouver, WA are decreasing. According to Zillow, the 1-year price projection is -0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $465,000 | -1.4% |
| Single Family | $467,000 | -1.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $308,000 | -1.9% |
2 Bed | $380,000 | -1.6% |
3 Bed | $473,000 | -1.5% |
4 Bed | $548,000 | -1.6% |
| 5 Bed | $654,000 | -2.5% |
% of Housing Stock
Rental Trends — Lincoln, Vancouver, WA
As of July '25, Rentcast reports the average rent in Lincoln, Vancouver, WA is $1,920, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Lincoln, Vancouver, WA is studios: $1,290, 1-bedrooms: $1,440, 2-bedrooms: $1,690, 3-bedrooms: $2,610, 4-bedrooms: $2,610. The most common rental property sizes in Lincoln, Vancouver, WA are 2-bedroom and 3-bedroom, accounting for 52.9% and 19.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,920 |
| Studio Rent | $1,200 | $1,290 |
| 1 Bed Rent | $1,400 | $1,440 |
| 2 Bed Rent | $1,580 | $1,690 |
| 3 Bed Rent | $2,300 | $2,610 |
| 4 Bed Rent | $2,600 | $2,610 |
% of Rental Stock
Property Listings — Lincoln, Vancouver, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Lincoln, Vancouver, WA is 68. This is a increase of 85.0% 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 46.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $547,000 | 1.0% |
Listing Count | 56 | 30.0% |
| Listings as % of Homes | 0.5% | 30.0% |
Days on Market | 68 | 85.0% |
Demographics — Lincoln, Vancouver, WA
As of the latest ACS Survey released in 2023, Lincoln, Vancouver, WA has a population of 15,600, which has increased by 9.3% over the past 5 years. Lincoln, Vancouver, WA is a moderately popular place for families, as children make up 19.2% of the population. The area has a moderately educated workforce, with 32.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,600 | 9.3% |
% Under 18 | 19.2% | -11.5% |
% Seniors | 15.0% | -2.6% |
% WFH | 16.8% | 118.2% |
% w/ College Degree | 32.3% | 13.7% |
As of the latest ACS Survey released in 2023, Lincoln, Vancouver, WA is a predominantly white area, with 69.8% of the population identifying as white. The white population has shrunk by 11.6% in the last 5 years. The second most common race or ethnicity in Lincoln, Vancouver, WA is hispanic, making up 15.7% of the population. Foreign-born residents account for 11.1% of the population in Lincoln, Vancouver, WA, and this percentage has increased by 94.7% 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 | 69.8% | -11.6% |
% Black | 1.3% | -31.6% |
% Hispanic | 15.7% | 84.7% |
% Asian | 2.4% | 14.3% |
% Foreign Born | 11.1% | 94.7% |
Mortgage and Risk — Lincoln, Vancouver, WA
According to HUD data as of 2023, there were 287 mortgage originations in Lincoln, Vancouver, WA, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Lincoln, Vancouver, WA. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 287 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Lincoln, Vancouver, WA
As of 2024, the percent of homes in Lincoln, Vancouver, WA 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. In Lincoln, Vancouver, WA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 258 |
Total Units Section 8 | 258 |
% Rentals under Section 8 | 9.6% |
% Occupied Section 8 | 76.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $220 | $1,400 | $1,620 |
| 2 Bedroom | $270 | $1,580 | $1,850 |
| 3 Bedroom | $240 | $2,300 | $2,540 |
| 4 Bedroom | $380 | $2,600 | $2,980 |
Affordability — Lincoln, Vancouver, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $465,000 |
| Median Household Income | $84,600 |