Lincoln Parish, Louisiana Housing Market Prices
Lincoln Parish 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.
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Median home price 205% above the Louisiana median Among the 3 most expensive counties in Louisiana$520,100
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Median rent 22% below the Louisiana median$824
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Lincoln Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $520,100 | $170,446 | $248,835 |
| Price Trend (Annual %) | 122.9% | 4.3% | 7.5% |
| Median Gross Rent | $824 | $1,063 | $1,407 |
| Rent Trend (Annual %) | 2.7% | 3.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Lincoln Parish is about 205% higher than in Louisiana. Rent is about 22% lower than the Louisiana 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 Parish, up about 122.9% and 2.7% a year respectively. Home prices are changing faster.
Median rent in Lincoln Parish rose about 23.8% between 2015 and 2024, from $666 to $824. Over the same span, rent in Louisiana rose about 35.1%.
Affordability
On average, housing unit costs 13.2 yearly household incomes in Lincoln Parish.
Buying the median-priced home in Lincoln Parish costs roughly 52.6 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Lincoln Parish. The price-to-rent ratio in Louisiana is about 13.4.
| Metric | Lincoln Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $520,100 | $170,446 | $248,835 |
| Median Household Income | $39,471 | $60,934 | $80,455 |
| Price-to-Income Ratio | 13.2 | 2.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Lincoln Parish rose about 599.5%, while median household income rose about 17.2% 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 Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 47.7% | 57.7% | 58.5% |
| Rental Rate | 41.0% | 27.9% | 31.2% |
| Vacancy Rate | 11.2% | 14.4% | 10.2% |
| Median Tenure (years) | 14.0 | 16.0 | 15.0 |
| Median Year Moved In | 2012 | 2010 | 2011 |
Lincoln Parish has a homeownership rate of 47.7%, lower than the Louisiana average of 57.7%. Its housing vacancy rate is 11.2%, compared with 14.4% in Louisiana.
Housing Stock
| Metric | Lincoln Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.35 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1984 | 1983 | 1978 |
| Median Number of Rooms | 5.1 | 5.5 | 5.5 |
The typical housing unit in Lincoln Parish was built around 1984. On average, 2.4 people live in a home with about 5.1 rooms, staying for about 14.0 years on average.
Lincoln Parish, LA Housing Compared With Nearby Counties
How Lincoln Parish, LA compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Lincoln Parish, LA | 48,172 | $520,100 #1/3 | $824 #2/3 | 53.8% #3/3 |
| Union Parish, LA | 20,797 | $85,426 | $777 | 77.8% |
| Ouachita Parish, LA | 158,478 | $169,257 | $958 | 61.0% |
Frequently Asked Questions
Common questions about the housing market in Lincoln Parish, Louisiana.
What is the median home price in Lincoln Parish, Louisiana?
The median home price in Lincoln Parish, Louisiana is $520,100, higher than the Louisiana average of $170,446.
What is the average home price in Lincoln Parish, Louisiana?
The typical home price in Lincoln Parish, Louisiana, reported as the median sale price, is $520,100. 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 Parish, Louisiana?
The median gross rent in Lincoln Parish, Louisiana is $824 per month, lower than the Louisiana average of $1,063.
What was the median gross rent in Lincoln Parish in 2020?
In 2020, the median gross rent in Lincoln Parish, Louisiana was $732 per month.
What is the price-to-rent ratio in Lincoln Parish, Louisiana?
The price-to-rent ratio in Lincoln Parish, Louisiana is about 52.6, meaning it would take roughly 52.6 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Lincoln Parish.
Are home prices or rent rising faster in Lincoln Parish, Louisiana?
Both home prices and rent are rising in Lincoln Parish, up about 122.9% and 2.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Lincoln Parish, Louisiana?
47.7% of households in Lincoln Parish, Louisiana own their home, lower than the Louisiana average of 57.7%.
What is the vacancy rate in Lincoln Parish, Louisiana?
The housing vacancy rate in Lincoln Parish, Louisiana is 11.2%, lower than the Louisiana average of 14.4%.
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