Lincolnia, Virginia Housing Market Prices
Lincolnia 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 219% above the Virginia median$817,870
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Median rent 35% above the Virginia median$2,139
Housing Market Overview
| Metric | Lincolnia | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $817,870 | $256,082 | $248,835 |
| Price Trend (Annual %) | 5.1% | 3.5% | 7.5% |
| Median Gross Rent | $2,139 | $1,579 | $1,407 |
| Rent Trend (Annual %) | 2.7% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Lincolnia is about 219% higher than in Virginia. Rent is about 35% higher than the Virginia 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 Lincolnia, up about 5.1% and 2.7% a year respectively. Home prices are changing faster.
Median rent in Lincolnia rose about 22.9% between 2015 and 2024, from $1,740 to $2,139. Over the same span, rent in Virginia rose about 41.5%.
Affordability
On average, housing unit costs 6.7 yearly household incomes in Lincolnia.
Buying the median-priced home in Lincolnia costs roughly 31.9 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 Lincolnia. The price-to-rent ratio in Virginia is about 13.5.
| Metric | Lincolnia | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $817,870 | $256,082 | $248,835 |
| Median Household Income | $122,538 | $93,527 | $80,455 |
| Price-to-Income Ratio | 6.7 | 2.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Lincolnia rose about 111.0%, while median household income rose about 42.5% 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 | Lincolnia | Virginia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 52.7% | 61.5% | 58.5% |
| Rental Rate | 38.7% | 29.8% | 31.2% |
| Vacancy Rate | 8.6% | 8.7% | 10.2% |
| Median Tenure (years) | 12.0 | 15.0 | 15.0 |
| Median Year Moved In | 2014 | 2011 | 2011 |
Lincolnia has a homeownership rate of 52.7%, lower than the Virginia average of 61.5%. Its housing vacancy rate is 8.6%, compared with 8.7% in Virginia.
Housing Stock
| Metric | Lincolnia | Virginia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.71 people | 2.52 people | 2.53 people |
| Median Structure Built Year | 1978 | 1982 | 1978 |
| Median Number of Rooms | 5.4 | 6.0 | 5.5 |
The typical housing unit in Lincolnia was built around 1978. On average, 2.7 people live in a home with about 5.4 rooms, staying for about 12.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Lincolnia, Virginia.
What is the median home price in Lincolnia, Virginia?
The median home price in Lincolnia, Virginia is $817,870, higher than the Virginia average of $256,082.
What is the average home price in Lincolnia, Virginia?
The typical home price in Lincolnia, Virginia, reported as the median sale price, is $817,870. 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 Lincolnia, Virginia?
The median gross rent in Lincolnia, Virginia is $2,139 per month, higher than the Virginia average of $1,579.
What was the median gross rent in Lincolnia in 2020?
In 2020, the median gross rent in Lincolnia, Virginia was $1,882 per month.
What is the price-to-rent ratio in Lincolnia, Virginia?
The price-to-rent ratio in Lincolnia, Virginia is about 31.9, meaning it would take roughly 31.9 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 Lincolnia.
Are home prices or rent rising faster in Lincolnia, Virginia?
Both home prices and rent are rising in Lincolnia, up about 5.1% and 2.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Lincolnia, Virginia?
52.7% of households in Lincolnia, Virginia own their home, lower than the Virginia average of 61.5%.
What is the vacancy rate in Lincolnia, Virginia?
The housing vacancy rate in Lincolnia, Virginia is 8.6%, lower than the Virginia average of 8.7%.
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