Lincoln City, OR Real Estate
According to census data in the year 2000 there were 5,017 housing units in Lincoln City.
This represents a 24.7% growth from 4,023 in 1990.
Of those housing units, 4,938 were located in either urbanized areas or urban clusters, and 79 were located in what is classified as a rural area.
Homeownership rate in Lincoln City is about 44.9%.
Lincoln City's vacancy rate, including seasonal lodging, is about 33.2%.
Average household size is 2.16 people.
The majority of houses, apartments or condos in Lincoln City were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.10% |
| One Bedroom | 19.80% |
| Two Bedrooms | 40.80% |
| Three Bedrooms | 28.40% |
| Four Bedrooms | 6% |
| Five Bedrooms or more | 1% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.22 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $136,300 |
| Median Price asked for vacant units | $144,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.1 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $570 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 10.90% |
| Home Equity Loan | 5.70% |
| Simple Mortgage | 54% |
| Debt Free | 28.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 24.2% |
