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County

Lincoln County

Oregon · Newport, OR micropolitan area · 50,636 residents (2025 est.)

FHFA annual index 1977–2025Developmental county indexPermits through August 2026
FHFA house price index for Lincoln County, 1977 to 2025, with the national index rebased to the same start and NBER recessions shadedRecession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 202005001,0001,50019801990200020102020United States2025: 1,093
Lincoln County (100 = first year)United States, rebased to the same startNBER recession

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. FHFA describes its county indexes as developmental and subject to revision. The index does not give a dollar value for any home.

FHFA's index for Lincoln County, Oregon, starts in 1977 and stood at 1093 in 2025, +993.3% above its base of 100.

Over the ten years to 2025 the index rose +112.9% (+7.8% a year), well above Oregon at +85.5% and well above the national +85.0%. The Newport, OR area rose +112.9%. The latest one-year change is −0.4%.

The strongest decade was the 1990s (+77.9%); the weakest the 2010s (+36.2%).

After a 2008 peak the index fell −28.1% to 2012 and regained the peak in 2019.

Builders were authorised for 253 housing units in the county in the 12 months to August 2026 (+19.3% on the previous 12 months), 5.0 units per 1,000 residents; 47% were single-family houses. Since 1995 the county has authorised 7,257 units, most in 2006.

−0.4%1 year, 2024–2025Oregon +0.9%
+51.1%5 yearsUS +47.0%
+112.9%10 years+7.8% a year annualised
+223.7%since 2000US +158.3%
253units permitted, 12 months5.0 per 1,000 residents

Same span, four levels

Change in the FHFA indexLincoln CountyNewport areaOregonUnited States
1 year (2024–2025)−0.4%−0.4%+0.9%+2.8%
5 years (2020–2025)+51.1%+51.1%+34.9%+47.0%
10 years (2015–2025)+112.9%+112.9%+85.5%+85.0%
20 years (2005–2025)+117.3%+117.3%+110.5%+79.1%
Since 2000+223.7%+223.7%+199.8%+158.3%
Since 1977+993.3%+993.3%+917.1%+745.0%
10-year annualised+7.8%+7.8%+6.4%+6.3%
20-year annualised+4.0%+4.0%+3.8%+3.0%

All columns are FHFA annual all-transactions indexes over the same years.

Decade by decade

DecadeChangeUnited States
1980s (1980–1990)+47.1%+68.2%
1990s (1990–2000)+77.9%+33.9%
2000s (2000–2010)+57.3%+29.7%
2010s (2010–2020)+36.2%+35.5%
2020s so far (2020–2025)+51.1%+47.0%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1977 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1977 are not shown.

Peak-to-low declines

PeakLowDeclinePeak regained
20082012−28.1%2019
19831984−22.7%1990

Building permits

Housing units authorised by building permits in Lincoln County, by month over the latest five years and by year since 1995.

Housing units authorised in Lincoln County by month, latest 12 months0204060Sep 2025: 15 units (15 single-family, 0 in multi-unit buildings)Sep 2025Oct 2025: 16 units (7 single-family, 9 in multi-unit buildings)Oct 2025Nov 2025: 47 units (7 single-family, 40 in multi-unit buildings)Nov 2025Dec 2025: 17 units (7 single-family, 10 in multi-unit buildings)Dec 2025Jan 2026: 20 units (8 single-family, 12 in multi-unit buildings)Jan 2026Feb 2026: 54 units (12 single-family, 42 in multi-unit buildings)Feb 2026Mar 2026: 5 units (5 single-family, 0 in multi-unit buildings)Mar 2026Apr 2026: 24 units (6 single-family, 18 in multi-unit buildings)Apr 2026May 2026: 9 units (9 single-family, 0 in multi-unit buildings)May 2026Jun 2026: 12 units (12 single-family, 0 in multi-unit buildings)Jun 2026Jul 2026: 18 units (18 single-family, 0 in multi-unit buildings)Jul 2026Aug 2026: 16 units (14 single-family, 2 in multi-unit buildings)Aug 2026

Housing units authorised in Lincoln County by month, latest 12 monthssingle-family2+ unit buildings

Housing units authorised in Lincoln County by month, latest 60 months050100Sep 2021: 0 units (0 single-family, 0 in multi-unit buildings)Sep 2021Oct 2021: 0 units (0 single-family, 0 in multi-unit buildings)Nov 2021: 0 units (0 single-family, 0 in multi-unit buildings)Dec 2021: 0 units (0 single-family, 0 in multi-unit buildings)Jan 2022: 18 units (11 single-family, 7 in multi-unit buildings)Feb 2022: 28 units (21 single-family, 7 in multi-unit buildings)Mar 2022: 21 units (13 single-family, 8 in multi-unit buildings)Apr 2022: 9 units (9 single-family, 0 in multi-unit buildings)May 2022: 30 units (12 single-family, 18 in multi-unit buildings)Jun 2022: 18 units (16 single-family, 2 in multi-unit buildings)Jul 2022: 12 units (12 single-family, 0 in multi-unit buildings)Aug 2022: 14 units (12 single-family, 2 in multi-unit buildings)Sep 2022: 15 units (15 single-family, 0 in multi-unit buildings)Sep 2022Oct 2022: 24 units (24 single-family, 0 in multi-unit buildings)Nov 2022: 15 units (13 single-family, 2 in multi-unit buildings)Dec 2022: 46 units (20 single-family, 26 in multi-unit buildings)Jan 2023: 18 units (9 single-family, 9 in multi-unit buildings)Feb 2023: 7 units (7 single-family, 0 in multi-unit buildings)Mar 2023: 18 units (16 single-family, 2 in multi-unit buildings)Apr 2023: 18 units (18 single-family, 0 in multi-unit buildings)May 2023: 20 units (18 single-family, 2 in multi-unit buildings)Jun 2023: 17 units (17 single-family, 0 in multi-unit buildings)Jul 2023: 18 units (18 single-family, 0 in multi-unit buildings)Aug 2023: 24 units (24 single-family, 0 in multi-unit buildings)Sep 2023: 24 units (13 single-family, 11 in multi-unit buildings)Sep 2023Oct 2023: 11 units (11 single-family, 0 in multi-unit buildings)Nov 2023: 11 units (11 single-family, 0 in multi-unit buildings)Dec 2023: 9 units (7 single-family, 2 in multi-unit buildings)Jan 2024: 15 units (9 single-family, 6 in multi-unit buildings)Feb 2024: 5 units (5 single-family, 0 in multi-unit buildings)Mar 2024: 8 units (6 single-family, 2 in multi-unit buildings)Apr 2024: 26 units (20 single-family, 6 in multi-unit buildings)May 2024: 23 units (11 single-family, 12 in multi-unit buildings)Jun 2024: 28 units (28 single-family, 0 in multi-unit buildings)Jul 2024: 61 units (20 single-family, 41 in multi-unit buildings)Aug 2024: 31 units (16 single-family, 15 in multi-unit buildings)Sep 2024: 29 units (14 single-family, 15 in multi-unit buildings)Sep 2024Oct 2024: 49 units (7 single-family, 42 in multi-unit buildings)Nov 2024: 7 units (7 single-family, 0 in multi-unit buildings)Dec 2024: 10 units (10 single-family, 0 in multi-unit buildings)Jan 2025: 13 units (13 single-family, 0 in multi-unit buildings)Feb 2025: 4 units (4 single-family, 0 in multi-unit buildings)Mar 2025: 9 units (9 single-family, 0 in multi-unit buildings)Apr 2025: 12 units (12 single-family, 0 in multi-unit buildings)May 2025: 7 units (5 single-family, 2 in multi-unit buildings)Jun 2025: 38 units (12 single-family, 26 in multi-unit buildings)Jul 2025: 18 units (18 single-family, 0 in multi-unit buildings)Aug 2025: 16 units (10 single-family, 6 in multi-unit buildings)Sep 2025: 15 units (15 single-family, 0 in multi-unit buildings)Sep 2025Oct 2025: 16 units (7 single-family, 9 in multi-unit buildings)Nov 2025: 47 units (7 single-family, 40 in multi-unit buildings)Dec 2025: 17 units (7 single-family, 10 in multi-unit buildings)Jan 2026: 20 units (8 single-family, 12 in multi-unit buildings)Feb 2026: 54 units (12 single-family, 42 in multi-unit buildings)Mar 2026: 5 units (5 single-family, 0 in multi-unit buildings)Apr 2026: 24 units (6 single-family, 18 in multi-unit buildings)May 2026: 9 units (9 single-family, 0 in multi-unit buildings)Jun 2026: 12 units (12 single-family, 0 in multi-unit buildings)Jul 2026: 18 units (18 single-family, 0 in multi-unit buildings)Aug 2026: 16 units (14 single-family, 2 in multi-unit buildings)

Housing units authorised in Lincoln County by month, latest 60 monthssingle-family2+ unit buildings

Housing units authorised in Lincoln County by year, 1995–202502004006001995: 265 units (265 single-family, 0 in multi-unit buildings)19951996: 217 units (217 single-family, 0 in multi-unit buildings)1997: 187 units (187 single-family, 0 in multi-unit buildings)1998: 208 units (208 single-family, 0 in multi-unit buildings)1999: 233 units (186 single-family, 47 in multi-unit buildings)2000: 314 units (177 single-family, 137 in multi-unit buildings)20002001: 179 units (164 single-family, 15 in multi-unit buildings)2002: 225 units (206 single-family, 19 in multi-unit buildings)2003: 254 units (252 single-family, 2 in multi-unit buildings)2004: 380 units (326 single-family, 54 in multi-unit buildings)2005: 443 units (396 single-family, 47 in multi-unit buildings)20052006: 447 units (401 single-family, 46 in multi-unit buildings)2007: 404 units (364 single-family, 40 in multi-unit buildings)2008: 327 units (169 single-family, 158 in multi-unit buildings)2009: 100 units (100 single-family, 0 in multi-unit buildings)2010: 118 units (118 single-family, 0 in multi-unit buildings)20102011: 94 units (94 single-family, 0 in multi-unit buildings)2012: 109 units (109 single-family, 0 in multi-unit buildings)2013: 106 units (106 single-family, 0 in multi-unit buildings)2014: 144 units (115 single-family, 29 in multi-unit buildings)2015: 150 units (132 single-family, 18 in multi-unit buildings)20152016: 167 units (130 single-family, 37 in multi-unit buildings)2017: 167 units (161 single-family, 6 in multi-unit buildings)2018: 234 units (169 single-family, 65 in multi-unit buildings)2019: 333 units (179 single-family, 154 in multi-unit buildings)2020: 250 units (134 single-family, 116 in multi-unit buildings)20202021: 206 units (200 single-family, 6 in multi-unit buildings)2022: 317 units (179 single-family, 138 in multi-unit buildings)2023: 190 units (167 single-family, 23 in multi-unit buildings)2024: 280 units (147 single-family, 133 in multi-unit buildings)2025: 209 units (116 single-family, 93 in multi-unit buildings)2025

Housing units authorised in Lincoln County by year, 1995–2025single-family2+ unit buildings

Permits, 12 months to August 2026Lincoln CountyOregonUnited States
Housing units authorised25315,3151,418,086
Units per 1,000 residents5.03.64.1
Single-family share47%59%63%
Change on previous 12 months+19.3%+11.9%−0.1%
Units authorised since 19957,257607,29343,082,761

Population is the Census Bureau's vintage 2025 estimate. Permits authorise construction; they are not completions.

ZIP codes in Lincoln County

Ranked by ten-year change in the FHFA ZIP index. Where a ZIP's index ends before 2025, its spans end in that year.

ZIP1 year10 yearsSince 2000Index throughYears
97341+4.8%+152.2%+271.9%202534
97368+4.8%+143.3%+266.9%202532
97380+15.2%+127.9%+261.2%202330
97391+9.0%+125.8%+251.7%202535
97394+12.9%+123.8%+223.4%202535
97367−4.3%+113.2%+227.9%202540
97364+10.8%+112.6%—202220
97376−8.8%+107.4%+175.2%202533
97366+14.0%+100.2%+182.5%202231
97365+1.3%+100.0%+224.7%202537
97390———202419

Cities and permit-issuing places in Lincoln County

Housing units authorised in the 12 months to August 2026; places with at least 12 units in the year, or in the year before.

PlaceUnits, 12 monthsPer 1,000 residentsSingle-family
Newport11210.815%
Lincoln City696.845%
Lincoln County Unincorporated Area40—100%
Depoe Bay1811.7100%
Waldport73.1100%

Questions and answers

How much have home values in Lincoln County risen over 10 years?

The FHFA index for Lincoln County rose +112.9% from 2015 to 2025, about +7.8% a year. Over 20 years: +117.3%; since 2000: +223.7%.

How does Lincoln County compare with Oregon and the United States?

Over the ten years to 2025: Lincoln County +112.9%, Oregon +85.5%, United States +85.0%, Newport, OR +112.9%.

What happened to Lincoln County prices in 2008?

The index peaked in 2008 and fell −28.1% to 2012; it passed the peak again in 2019. The state index fell −26.3% over 2007–2012.

How many homes are being built in Lincoln County?

253 housing units were authorised by building permits in the 12 months to August 2026 (120 single-family, 129 in buildings of five or more units), or 5.0 per 1,000 residents against 3.6 for Oregon.

Where does this data come from?

The index is FHFA's annual county house price index (all-transactions, developmental), last updated March 31, 2026, with values through 2025. Permits are from the Census Bureau Building Permits Survey through August 2026; population is the Census Bureau's vintage 2025 estimate.

Provenance

Index: Federal Housing Finance Agency, annual house price index for counties (all-transactions, developmental), last updated March 31, 2026, values 1977–2025; metro, state and national comparisons from FHFA's annual indexes in the same release. Permits: Census Bureau Building Permits Survey, county and place files, through August 2026. Population: Census Bureau vintage 2025 estimates. ZIP assignment: 2020 ZCTA-to-county relationship file. Public domain throughout. Corrections · FHFA HPI datasets · Building Permits Survey.