Home Values

Lincoln County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Lincoln County is $162, which is higher than the Maine average of $138. The median price of homes currently listed in Lincoln County is $249,000 while the median price of homes that sold is $125,000. The median rent price in Lincoln County is $795, which is lower than the Maine median of $1,075.

Foreclosures will be a factor impacting home values in the next several years. In Lincoln County 8.4 homes are foreclosed (per 10,000). This is greater than the Maine value of 0.9 and also greater than the national value of 4.2

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Lincoln County is 8.7%, which is higher than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Lincoln County homeowners underwater on their mortgage is 13.1%, which is lower than Maine at 16.0%.

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Relative ZHVI
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Lincoln County Market Overview

Data through Nov 30, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $249,000 Median listing price
  • No recent data Median sale price
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Lincoln County Market Health

Data through Nov 30, 2014
  • No recent data
  • No data Average days on Zillow
  • 13.1% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 8.7% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

8.4 homes(Nov 30, 2011) Lincoln County
0.9 homes(Sep 30, 2014) Maine
4.2 homes United States
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Nearby Counties

Name Median ZHVI
Essex County $346,700
Rockingham County $265,800
Strafford County $195,100

Listings & Sales

Data through Nov 30, 2014
  • $162 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
15.2%
Sold below listing
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Lincoln County Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,268 Lincoln County
    $1,181 Maine
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $795 Rent list price (Oct 31, 2014)
  • No recent data Rent list price / sq ft
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