With 7,930 residents, Lincoln City is a larger than average city in Oregon. Also, with a 0.1% increase over the last 10 years, its population is growing slightly slower than other parts of the state. With a median age of 32 years, homes in Lincoln City tend to be relatively old. Leading the list of top schools in the city are Siletz Valley School and Philomath Middle School.
The median value of homes in Lincoln City is $196,700, making it one of the most valuable areas in Oregon. At the same time, the average list price of available homes is presently $302,605. Despite holding steady in sales this week, the Lincoln City market extended a three-week hot streak with a total of 11 homes sold over the last 30 days.
Wonder which homes are generating the most buzz? Here are the most viewed listings in Lincoln City:
The typical dwelling in Lincoln City is a three-bedroom detached home worth about $343,387. To purchase a similar home, a buyer with good credit and a $68,677 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,258 monthly payment. The property tax rate is $10.81 per $1,000 of taxable assessed value.