Lincoln County, North Carolina Housing Market

In Lincoln County, North Carolina, the median home value is $321,000, with a median monthly rent of $1,015. This places Lincoln County at #527 nationally out of 3134 counties by median home value, and #20 within North Carolina.

Median Home Value $321,000
Median Rent $1,015/mo
Owner Occupancy 78.9%
Price/Rent Ratio 26.4

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Lincoln County rose +1.4% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

24,431
jobs (private sector)
  • Avg weekly wage: $1,074
  • Establishments: 2,614
  • BLS QCEW, 2025
🏗️

Housing Supply

785
new units authorized (2025)
  • Single-family: 785
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+3169
net migration (filers, 2021-2022)
  • Inflow: 37,628 (avg $91,255)
  • Outflow: 34,459 (avg $89,963)
  • IRS Statistics of Income

How Lincoln County Compares

MetricLincoln CountyNorth Carolina AverageU.S. Average
Median Home Value $321,000 $235,312 $227,706
Median Gross Rent $1,015 $976 $968
Owner Occupancy Rate 78.9% 71.8% 73.3%
Price/Rent Ratio 26.4 19.8 18.7

Market Analysis

The median home value in Lincoln County is 36.4% above the North Carolina state average and 41.0% above the U.S. national average. The median rent of $1,015/month is 4.0% above the state average.

With a price-to-rent ratio of 26.4, Lincoln County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Lincoln County has an owner-occupancy rate of 78.9%, compared to 71.8% in North Carolina and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Knox County Tennessee $320,900 $1,261
Kaufman County Texas $320,900 $1,554
St. Charles County Missouri $320,800 $1,370
Kerr County Texas $321,200 $1,109
Wilson County Texas $321,300 $1,069

Other Counties in North Carolina

CountyMedian Home ValueMedian RentOwner Occ.
Iredell County $321,400 $1,252 71.9%
Polk County $315,000 $1,178 76.9%
Carteret County $333,300 $1,108 74.7%
Johnston County $305,600 $1,146 76.1%
Camden County $337,100 $1,232 82.1%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).