Lincoln County, Wyoming 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 29% below the Wyoming median Cheaper than 73% of counties in Wyoming$185,298
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Median rent 3% below the Wyoming median More expensive than 73% of counties in Wyoming$959
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Lincoln County | Wyoming Avg | US Average |
|---|---|---|---|
| Median Home Price | $185,298 | $262,084 | $248,835 |
| Price Trend (Annual %) | 1.0% | 6.9% | 7.5% |
| Median Gross Rent | $959 | $991 | $1,407 |
| Rent Trend (Annual %) | 2.4% | 2.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Lincoln County is about 29% lower than in Wyoming. Rent is about 3% lower than the Wyoming 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 1.0% and 2.4% a year respectively. Rent is changing faster.
Median rent in Lincoln County rose about 20.6% between 2015 and 2024, from $795 to $959. Over the same span, rent in Wyoming rose about 25.7%.
Affordability
On average, housing unit costs 2.1 yearly household incomes in Lincoln County.
Buying the median-priced home in Lincoln County costs roughly 16.1 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 Wyoming is about 22.0.
| Metric | Lincoln County | Wyoming Avg | US Average |
|---|---|---|---|
| Median Home Price | $185,298 | $262,084 | $248,835 |
| Median Household Income | $89,660 | $76,390 | $80,455 |
| Price-to-Income Ratio | 2.1 | 3.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Lincoln County rose about 26.9%, while median household income rose about 40.8% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Lincoln County | Wyoming Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 64.4% | 63.0% | 58.5% |
| Rental Rate | 19.2% | 24.8% | 31.2% |
| Vacancy Rate | 16.5% | 12.2% | 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 64.4%, higher than the Wyoming average of 63.0%. Its housing vacancy rate is 16.5%, compared with 12.2% in Wyoming.
Housing Stock
| Metric | Lincoln County | Wyoming Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.45 people | 2.34 people | 2.53 people |
| Median Structure Built Year | 1987 | 1980 | 1978 |
| Median Number of Rooms | 5.6 | 5.8 | 5.5 |
The typical housing unit in Lincoln County was built around 1987. On average, 2.4 people live in a home with about 5.6 rooms, staying for about 16.0 years on average.
Lincoln County, WY Housing Compared With Nearby Counties
How Lincoln County, WY compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Lincoln County, WY | 20,486 | $185,298 #2/3 | $959 #2/3 | 77.0% #2/3 |
| Sublette County, WY | 8,838 | $806,818 | $1,209 | 83.6% |
| Uinta County, WY | 20,644 | $59,267 | $899 | 76.6% |
Frequently Asked Questions
Common questions about the housing market in Lincoln County, Wyoming.
What is the median home price in Lincoln County, Wyoming?
The median home price in Lincoln County, Wyoming is $185,298, lower than the Wyoming average of $262,084.
What is the average home price in Lincoln County, Wyoming?
The typical home price in Lincoln County, Wyoming, reported as the median sale price, is $185,298. 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, Wyoming?
The median gross rent in Lincoln County, Wyoming is $959 per month, lower than the Wyoming average of $991.
What was the median gross rent in Lincoln County in 2020?
In 2020, the median gross rent in Lincoln County, Wyoming was $710 per month.
What is the price-to-rent ratio in Lincoln County, Wyoming?
The price-to-rent ratio in Lincoln County, Wyoming is about 16.1, meaning it would take roughly 16.1 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, Wyoming?
Both home prices and rent are rising in Lincoln County, up about 1.0% and 2.4% a year respectively. Rent is changing faster.
What is the homeownership rate in Lincoln County, Wyoming?
64.4% of households in Lincoln County, Wyoming own their home, higher than the Wyoming average of 63.0%.
What is the vacancy rate in Lincoln County, Wyoming?
The housing vacancy rate in Lincoln County, Wyoming is 16.5%, higher than the Wyoming average of 12.2%.
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