Lincoln County, Washington 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.
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Median home price 55% below the Washington median Cheaper than 82% of counties in Washington$216,672
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Median rent 50% below the Washington median Cheaper than 87% of counties in Washington$882
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Lincoln County | Washington Avg | US Average |
|---|---|---|---|
| Median Home Price | $216,672 | $485,016 | $248,835 |
| Price Trend (Annual %) | 13.4% | 10.9% | 7.5% |
| Median Gross Rent | $882 | $1,759 | $1,407 |
| Rent Trend (Annual %) | 3.7% | 6.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Lincoln County is about 55% lower than in Washington. Rent is about 50% lower than the Washington 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 13.4% and 3.7% a year respectively. Home prices are changing faster.
Median rent in Lincoln County rose about 37.1% between 2015 and 2024, from $644 to $882. Over the same span, rent in Washington rose about 73.4%.
Affordability
On average, housing unit costs 3.0 yearly household incomes in Lincoln County.
Buying the median-priced home in Lincoln County costs roughly 20.5 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 County. The price-to-rent ratio in Washington is about 23.0.
| Metric | Lincoln County | Washington Avg | US Average |
|---|---|---|---|
| Median Home Price | $216,672 | $485,016 | $248,835 |
| Median Household Income | $71,064 | $98,224 | $80,455 |
| Price-to-Income Ratio | 3.0 | 4.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Lincoln County rose about 160.8%, while median household income rose about 53.3% 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 | Washington Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 65.5% | 59.1% | 58.5% |
| Rental Rate | 16.0% | 33.6% | 31.2% |
| Vacancy Rate | 18.6% | 7.3% | 10.2% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Lincoln County has a homeownership rate of 65.5%, higher than the Washington average of 59.1%. Its housing vacancy rate is 18.6%, compared with 7.3% in Washington.
Housing Stock
| Metric | Lincoln County | Washington Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.36 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1971 | 1983 | 1978 |
| Median Number of Rooms | 6.0 | 5.5 | 5.5 |
The typical housing unit in Lincoln County was built around 1971. On average, 2.4 people live in a home with about 6.0 rooms, staying for about 16.0 years on average.
Lincoln County, WA Housing Compared With Nearby Counties
Lincoln County, WA is the smallest of the 4 counties compared here, 11,488 residents against a local median of 101,798. Lincoln County, WA's homeownership, at 80.4%, runs 21% above the 66.3% typical of the counties around it. That is the better end of the local range on this measure.
Median rent tells the same story from another angle: $882 against a local median of $1,116, 21% below it. The counties themselves spread 15.3% on homeownership, so Lincoln County, WA sits at one end of an already wide local range rather than apart from it. Lincoln County, WA has the highest homeownership of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Lincoln County, WA | 11,488 | $216,672 #4/4 | $882 #4/4 | 80.4% #1/4 |
| Stevens County, WA | 48,063 | $231,117 | $897 | 79.8% |
| Spokane County, WA | 548,846 | $305,756 | $1,283 | 64.5% |
| Grant County, WA | 101,798 | $238,970 | $1,116 | 66.3% |
Frequently Asked Questions
Common questions about the housing market in Lincoln County, Washington.
What is the median home price in Lincoln County, Washington?
The median home price in Lincoln County, Washington is $216,672, lower than the Washington average of $485,016.
What is the average home price in Lincoln County, Washington?
The typical home price in Lincoln County, Washington, reported as the median sale price, is $216,672. 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, Washington?
The median gross rent in Lincoln County, Washington is $882 per month, lower than the Washington average of $1,759.
What was the median gross rent in Lincoln County in 2020?
In 2020, the median gross rent in Lincoln County, Washington was $746 per month.
What is the price-to-rent ratio in Lincoln County, Washington?
The price-to-rent ratio in Lincoln County, Washington is about 20.5, meaning it would take roughly 20.5 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 County.
Are home prices or rent rising faster in Lincoln County, Washington?
Both home prices and rent are rising in Lincoln County, up about 13.4% and 3.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Lincoln County, Washington?
65.5% of households in Lincoln County, Washington own their home, higher than the Washington average of 59.1%.
What is the vacancy rate in Lincoln County, Washington?
The housing vacancy rate in Lincoln County, Washington is 18.6%, higher than the Washington average of 7.3%.
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