Housing in Lincoln City

Lincoln City's housing market runs genuinely expensive and shows a real, disclosed recent softening, layered onto a real, substantial but tightly capped short-term-rental sector.

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A real, disclosed price spread across sources and months

Zillow's average home value ran $487,518 as of June 2026 (down 1.2% year-over-year); February 2026 sales carried a $545,000 median; August 2026 listings ran a $550,000 median; a separate mid-2026 citation put median SOLD price near $439,000 -- this record discloses the full spread rather than reconciling it to one number, alongside a real, disclosed 4% year-over-year decline in price-per-square-foot.

A real, substantial, and tightly capped short-term-rental market

Lincoln City's 1,065 active short-term-rental listings average 57% occupancy, a $296 daily rate, and $45,183 in average monthly revenue -- but the city's licensing cap (roughly 300 citywide, already reached) means new investors face a real, current waitlist rather than an open market.

A genuinely small, spread-out long-term rental market

One-bedroom long-term rent carries a real, disclosed wide spread ($1,100-$1,650-plus depending on source) -- confirm current listings directly given this genuine cross-source variance.

Key takeaways

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Last reviewed: 2026-08-25. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.