The Lincoln, Nebraska Housing Market

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This page is built from actual recorded sales in Lancaster County, not from a forecast or a national headline. It covers 4,573 residential arms-length sales from July 2025 through July 2026, and it reflects sales recorded through July 14, 2026. The figures come from the Nebraska Department of Revenue, Property Assessment Division residential sales file, the statewide record of arms-length transactions the Division is required to maintain under Neb. Rev. Stat. section 77-1327, assembled from county assessor records.

Lincoln home prices: what a house actually sells for

The median residential sale price over the last twelve months was $315,000. Half of all sales landed between $245,000 and $430,000. That middle range is the number worth carrying around, because a single median hides how wide the Lincoln market actually is.

The average home price in Lincoln over the same period was $361,904. It runs higher than the median because a relatively small number of expensive sales pull the average up. For judging what you can buy or what your house is worth, the median is the more honest number, which is why the rest of this page uses it. Both are here so you can see the gap for yourself.

Median sale price by month

Monthly medians move around, and single months are noisy. The pattern across the year matters more than any one row.

Month Median sale price Sales recorded
July 2025 $300,000 268
August 2025 $326,013 392
September 2025 $315,000 407
October 2025 $325,000 373
November 2025 $305,000 322
December 2025 $310,100 324
January 2026 $302,000 251
February 2026 $310,900 281
March 2026 $300,000 403
April 2026 $316,500 439
May 2026 $315,000 483
June 2026 $320,000 532

July 2026 sat at the edge of the data window with only a partial set of recorded sales, so those months are excluded from the table rather than shown as a trend.

Median sale price by ZIP code

This is where the spread shows up. The same city contains ZIP codes whose medians differ by more than double, which is why any citywide average is close to useless when you are shopping one part of town.

ZIP Area Median sale price Sales
68520 far east Lancaster County $670,000 105
68527 far northeast Lincoln $506,115 150
68523 southwest Lancaster County $468,502 84
68372 Hickman $460,000 59
68526 far southeast Lincoln $455,000 194
68516 southeast Lincoln $397,500 772
68512 south Lincoln $360,000 176
68521 northwest Lincoln $300,000 446
68522 southwest Lincoln $295,000 156
68528 west Lincoln $280,825 106
68506 southeast Lincoln, inside the older ring $277,500 442
68505 east Lincoln $272,000 249
68510 east central Lincoln $260,000 296
68507 northeast Lincoln, Havelock side $260,000 246
68524 northwest Lancaster County $250,000 80
68502 south central Lincoln $250,000 339
68504 northeast Lincoln $230,000 127
68508 downtown and the Haymarket $215,000 60
68503 north central Lincoln, near the university $210,000 148

ZIP codes with fewer than 40 recorded sales in the window are left out, because a median built on a handful of houses is not a meaningful number.

Most Lincoln homes sell between $200,000 and $400,000

A median tells you the middle. It does not tell you how much of the market sits where you are shopping. Of the 4,573 sales in this window, 2,057 of them, or 45 percent, closed under $300,000. The single largest band was $200,000 to $299,999, at 1,537 sales.

Lincoln home sales by price band, July 2025 through July 2026 Horizontal bar chart of 4,573 recorded residential sales in Lancaster County by price band. The largest band is $200,000 to $299,999 at 1,537 sales, 33.6 percent of the market. Under $200,000 520 sales, 11.4% $200,000 to $299,999 1,537 sales, 33.6% $300,000 to $399,999 1,104 sales, 24.1% $400,000 to $499,999 648 sales, 14.2% $500,000 and above 764 sales, 16.7% Source: Nebraska Department of Revenue, Property Assessment Division residential sales file.N=4,573 recorded arms-length sales, July 2025 through July 2026.
Lincoln home sales by price band, July 2025 through July 2026. 2,057 of 4,573 sales, 45 percent, closed under $300,000.
Lincoln residential sales by price band, July 2025 through July 2026
Price band Sales Share of market
Under $200,000 520 11.4%
$200,000 to $299,999 1,537 33.6%
$300,000 to $399,999 1,104 24.1%
$400,000 to $499,999 648 14.2%
$500,000 and above 764 16.7%

What this means: read this against the ZIP table above rather than on its own. A budget that reaches the middle of the market citywide does not reach the middle of every ZIP in it, and that mismatch is the single most common reason a search stalls. If you are selling, it tells you how many buyers are shopping in your band.

Sale prices versus assessed values

Across these sales, the median sale price came in at about 1.06 times the assessed value on the same parcel. That is a useful sanity check when you are looking at a specific house: assessment is a starting point, not a market value, and the gap between the two is where pricing conversations actually happen.

How to read this if you are buying or selling

If you are selling, the number that matters is not the citywide median, it is what comparable houses in your ZIP and your price band have actually closed for recently. If you are buying, the quartile range tells you more than the median does, because it shows you what your budget really reaches in the part of town you want.

We are happy to run the specific comparable sales for an address, whether or not you are ready to do anything about it. That is a short conversation and there is no cost to it.

Questions people ask

What is the average home price in Lincoln, Nebraska?

The average residential sale price in Lancaster County over the twelve months of July 2025 through July 2026 was $361,904, across 4,573 arms-length sales. The median over the same period was $315,000. The average sits above the median because a smaller number of high-priced sales pull it up, so the median is the better guide to a typical Lincoln house.

What are home values doing in Lincoln, Nebraska?

Across 4,573 recorded arms-length sales from July 2025 through July 2026, the median Lincoln home value came in at $315,000, with the middle half of sales between $245,000 and $430,000. The by-month table on this page shows how the monthly medians moved across the year, and the by-ZIP table shows how widely values differ by part of town. All of it is from recorded county sales rather than an estimate or a national average.

What is the median home price in Lincoln, Nebraska?

The median residential sale price in Lancaster County over the twelve months ending July 14, 2026 was $315,000, across 4,573 arms-length sales. Half of those sales fell between $245,000 and $430,000. Those figures come from recorded county sale records rather than from listing estimates.

Which parts of Lincoln are most and least expensive?

The spread by ZIP is large. The highest-median ZIP in the data is 68520 at $670,000, and the lowest is 68503 at $210,000. That is more than a factor of two between areas of the same city, which is why a citywide average is not much help when you are shopping a specific part of town.

Is the Lincoln housing market going up or down?

Monthly medians move around enough that any single month is noise. The table on this page shows the last twelve months of recorded medians so you can see the actual pattern rather than a headline. For a specific house, recent comparable sales in that ZIP and price band tell you far more than the citywide direction.

How do assessed values compare to sale prices in Lincoln?

Across these sales the median sale came in at roughly 1.06 times the assessed value of the same parcel. Assessment is a starting point rather than a market value, so the two numbers routinely differ, and the size of that gap varies by property.

How much of the Lincoln market is under $300,000?

2,057 of the 4,573 residential arms-length sales in July 2025 through July 2026, or 45 percent, closed under $300,000. The largest single price band was $200,000 to $299,999, at 1,537 sales.

What price range do most Lincoln homes sell in?

The largest band is $200,000 to $299,999, which accounted for 34 percent of recorded sales in July 2025 through July 2026. Half of all sales landed between $245,000 and $430,000.

Where does this data come from?

The Nebraska Department of Revenue, Property Assessment Division residential sales file, the statewide record of arms-length transactions the Division is required to maintain under Neb. Rev. Stat. section 77-1327, assembled from county assessor records. It is filtered to the sales the assessor marked as arms-length, between $50,000 and $2,000,000, so that family transfers, forced sales and outliers do not distort the medians. The window is July 2025 through July 2026, and the page is regenerated from the source records rather than written by hand.

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