Lincoln, AL—35096
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lincoln, AL
As of Oct '25, the median home price in Lincoln, AL is $229,000, with a year-over-year change of -1.1%. This indicates that home prices in Lincoln, AL are decreasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $229,000 | -1.1% |
| Single Family | $229,000 | -0.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $226,000 | -1.3% |
4 Bed | $255,000 | -0.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lincoln, AL
As of July '25, Rentcast reports the average rent in Lincoln, AL is $1,390, with a year-over-year rent change of -4.8%. Per bedroom, the median rent as of July '25 in Lincoln, AL is 1-bedrooms: $1,040, 2-bedrooms: $975, 3-bedrooms: $1,410, 4-bedrooms: $1,630. The most common rental property sizes in Lincoln, AL are 3-bedroom and 2-bedroom, accounting for 59.6% and 28.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,390 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,040 | $1,040 |
| 2 Bed Rent | $950 | $975 |
| 3 Bed Rent | $1,500 | $1,410 |
| 4 Bed Rent | $1,700 | $1,630 |
% of Rental Stock
Property Listings — Lincoln, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Lincoln, AL is 69. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 6.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $250,000 | 15.0% |
Listing Count | 109 | -5.0% |
| Listings as % of Homes | 1.5% | -5.0% |
Days on Market | 69 | 0.0% |
Demographics — Lincoln, AL
As of the latest ACS Survey released in 2023, Lincoln, AL has a population of 9,200, which has increased by 20.9% over the past 5 years. Lincoln, AL is a popular place for families, as children make up 25.5% of the population. The area has a poorly educated workforce, with 17.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,200 | 20.9% |
% Under 18 | 25.5% | 51.8% |
% Seniors | 15.3% | 7.0% |
% WFH | 1.4% | -65.0% |
% w/ College Degree | 17.7% | -3.3% |
As of the latest ACS Survey released in 2023, Lincoln, AL is a predominantly white area, with 71.8% of the population identifying as white. The white population has grown by 5.9% in the last 5 years. The second most common race or ethnicity in Lincoln, AL is black, making up 18.6% of the population. Foreign-born residents account for 0.9% of the population in Lincoln, AL, and this percentage has decreased by 47.1% 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 | 71.8% | 5.9% |
% Black | 18.6% | -27.9% |
% Hispanic | 2.2% | 214.3% |
% Asian | 0.6% | -71.4% |
% Foreign Born | 0.9% | -47.1% |
Mortgage and Risk — Lincoln, AL
According to HUD data as of 2023, there were 202 mortgage originations in Lincoln, AL, of which 51.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Lincoln, AL. Investor activity is low, as 6.0% 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 | 202 |
% Conventional Loans | 51.0% |
% Government Loans | 49.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Lincoln, AL
As of 2024, the percent of homes in Lincoln, AL under the Section 8 program is 0.7%. 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. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Lincoln, AL, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$210 | $1,040 | $830 |
| 2 Bedroom | $70 | $950 | $1,020 |
| 3 Bedroom | -$80 | $1,500 | $1,420 |
| 4 Bedroom | -$270 | $1,700 | $1,430 |
Affordability — Lincoln, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $229,000 |
| Median Household Income | $74,600 |