Lincoln County, Colorado Housing Market Prices
Lincoln County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
-
Median home price 60% below the Colorado median Cheaper than 75% of counties in Colorado$194,317
-
Median rent 51% below the Colorado median Cheaper than 87% of counties in Colorado$868
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Lincoln County | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $194,317 | $484,034 | $248,835 |
| Price Trend (Annual %) | 23.3% | 10.4% | 7.5% |
| Median Gross Rent | $868 | $1,761 | $1,407 |
| Rent Trend (Annual %) | 2.0% | 6.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Lincoln County is about 60% lower than in Colorado. Rent is about 51% lower than the Colorado average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Lincoln County, up about 23.3% and 2.0% a year respectively. Home prices are changing faster.
Median rent in Lincoln County rose about 23.2% between 2015 and 2024, from $704 to $868. Over the same span, rent in Colorado rose about 75.6%.
Affordability
On average, housing unit costs 3.2 yearly household incomes in Lincoln County.
Buying the median-priced home in Lincoln County costs roughly 18.7 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Lincoln County. The price-to-rent ratio in Colorado is about 22.9.
| Metric | Lincoln County | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $194,317 | $484,034 | $248,835 |
| Median Household Income | $60,757 | $95,803 | $80,455 |
| Price-to-Income Ratio | 3.2 | 5.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Lincoln County rose about 49.6%, while median household income rose about 41.2% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Lincoln County | Colorado Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 59.4% | 60.7% | 58.5% |
| Rental Rate | 23.4% | 31.0% | 31.2% |
| Vacancy Rate | 17.3% | 8.3% | 10.2% |
| Median Tenure (years) | 16.0 | 13.0 | 15.0 |
| Median Year Moved In | 2010 | 2013 | 2011 |
Lincoln County has a homeownership rate of 59.4%, lower than the Colorado average of 60.7%. Its housing vacancy rate is 17.3%, compared with 8.3% in Colorado.
Housing Stock
| Metric | Lincoln County | Colorado Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.28 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1965 | 1985 | 1978 |
| Median Number of Rooms | 6.0 | 5.7 | 5.5 |
The typical housing unit in Lincoln County was built around 1965. On average, 2.3 people live in a home with about 6.0 rooms, staying for about 16.0 years on average.
Lincoln County, CO Housing Compared With Nearby Counties
How Lincoln County, CO compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Lincoln County, CO | 5,550 | $194,317 #2/2 | $868 #2/2 | 71.7% #2/2 |
| Elbert County, CO | 27,839 | $626,775 | $1,310 | 95.0% |
Frequently Asked Questions
Common questions about the housing market in Lincoln County, Colorado.
What is the median home price in Lincoln County, Colorado?
The median home price in Lincoln County, Colorado is $194,317, lower than the Colorado average of $484,034.
What is the average home price in Lincoln County, Colorado?
The typical home price in Lincoln County, Colorado, reported as the median sale price, is $194,317. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Lincoln County, Colorado?
The median gross rent in Lincoln County, Colorado is $868 per month, lower than the Colorado average of $1,761.
What was the median gross rent in Lincoln County in 2020?
In 2020, the median gross rent in Lincoln County, Colorado was $743 per month.
What is the price-to-rent ratio in Lincoln County, Colorado?
The price-to-rent ratio in Lincoln County, Colorado is about 18.7, meaning it would take roughly 18.7 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Lincoln County.
Are home prices or rent rising faster in Lincoln County, Colorado?
Both home prices and rent are rising in Lincoln County, up about 23.3% and 2.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Lincoln County, Colorado?
59.4% of households in Lincoln County, Colorado own their home, lower than the Colorado average of 60.7%.
What is the vacancy rate in Lincoln County, Colorado?
The housing vacancy rate in Lincoln County, Colorado is 17.3%, higher than the Colorado average of 8.3%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →