Waldport
Real Estate
Affordable Housing: Project groundbreaking in Lincoln City
Echo Mountain Fire survivors and Lincoln City residents will have a much-needed affordable apartment community in early 2024 with the groundbreaking of Wecoma Place. Stewardship Development, Housing Authority of Lincoln County (HALC), Cornerstone Community Housing, and Oregon Housing and Community Services (OHCS) celebrated today with other partners including Umpqua Bank, National Equity Fund (NEF), OTAK, and Walsh Construction. “Stewardship has been serving people in their housing needs for more than...
See the Lincoln County ZIP codes with most eye-popping home values
It’s no secret that the Oregon coast is a nice place to live. But can you afford to buy there? Here are average single family home values for Lincoln County by ZIP code. Home prices have been rising swiftly along with mortgage rates, a combination that demoralizes buyers because homes become less affordable. If there’s any good news for home buyers, it’s that prices aren’t rising as fast as they once were. In June, the median resale price of an existing home was 13.4% higher than a year before, whereas, in February, the year-over-year price increase was 17.1%. Higher mortgage rates helped drive the price slowdown.
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