Lincoln County, Washington Housing Market

In Lincoln County, Washington, the median home value is $292,800, with a median monthly rent of $883. This places Lincoln County at #665 nationally out of 3134 counties by median home value, and #35 within Washington.

Median Home Value $292,800
Median Rent $883/mo
Owner Occupancy 80.4%
Price/Rent Ratio 27.6

📈 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 +5.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

1,467
jobs (private sector)
  • Avg weekly wage: $1,056
  • Establishments: 386
  • BLS QCEW, 2025
🏗️

Housing Supply

67
new units authorized (2025)
  • Single-family: 59
  • Multi-family: 8
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+420
net migration (filers, 2021-2022)
  • Inflow: 4,672 (avg $81,809)
  • Outflow: 4,252 (avg $82,407)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Lincoln County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 99122 379.2 +5.55% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Lincoln County Compares

MetricLincoln CountyWashington AverageU.S. Average
Median Home Value $292,800 $436,312 $227,706
Median Gross Rent $883 $1,251 $968
Owner Occupancy Rate 80.4% 71.3% 73.3%
Price/Rent Ratio 27.6 29.2 18.7

Market Analysis

The median home value in Lincoln County is 32.9% below the Washington state average and 28.6% above the U.S. national average. The median rent of $883/month is 29.4% below the state average.

With a price-to-rent ratio of 27.6, 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 80.4%, compared to 71.3% in Washington 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
Copper River Census Area Alaska $292,800 $1,089
Rockdale County Georgia $292,900 $1,525
Bernalillo County New Mexico $292,900 $1,144
Converse County Wyoming $292,700 $866
Cass County Missouri $292,400 $1,205

Other Counties in Washington

CountyMedian Home ValueMedian RentOwner Occ.
Grant County $299,500 $1,116 66.3%
Okanogan County $299,800 $887 72.4%
Ferry County $283,400 $663 78.1%
Yakima County $310,100 $1,109 61.8%
Adams County $273,300 $877 69.3%

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).