Home Affordability in Lincoln County, WA
A typical home in Lincoln County is worth $320,606, down 1.4% year over year. The effective property tax rate is 0.6% of value, and the 2026 conforming loan limit here is $832,750 — borrow more than that and you need a jumbo loan.
Open the calculator for Lincoln County Free, instant, no signup
Assumes housing costs stay at 33% of gross income — the sustainable middle, not the maximum a lender would approve. A typical home in Lincoln County costs $320,606. Rates as of 5 September 2026; they move weekly and your quote will differ.
What each income buys here
| Household income | Conventional | VA | Zero-down CU | FHA |
|---|---|---|---|---|
| $75,000 | $343,000 | $282,000 | $258,000 | $276,000 |
| $100,000 | $465,000 | $382,000 | $350,000 | $373,000 |
| $125,000 | $586,000 | $482,000 | $441,000 | $471,000 |
| $150,000 | $708,000 | $582,000 | $532,000 | $568,000 |
| $200,000 | $951,000 | $781,000 | $715,000 | $763,000 |
Conventional assumes 20% down. VA and credit-union 100% financing assume zero down with the funding fee financed into the loan; FHA assumes 3.5% down with mortgage insurance for the life of the loan. All hold housing at 33% of gross income and cap total debt at the program’s underwriting limit.
Towns in Lincoln County
| Town | Typical home | Year over year | Income needed | |
|---|---|---|---|---|
| Davenport | $366,028 | -0.4% | $80,000 | Details |
| Reardan | $399,407 | -2.1% | $87,000 | Details |
| Odessa | $217,954 | -1.9% | $49,000 | Details |
| Wilbur | $291,434 | +1.1% | $64,000 | Details |
| Creston | $368,610 | -1.2% | $80,000 | Details |
The cheapest places in the county are Odessa ($218K), Wilbur ($291K), Davenport ($366K).
How the zero-down math actually works
Putting nothing down does not simply move the down payment to zero — it costs you twice. Zero-down programs price above conventional, and they finance a funding fee into the balance, so you start out owing more than the house cost. In Lincoln County that difference is worth roughly $175K of purchasing power at a $150,000 income.
The exception is the VA loan. If anyone on the loan is Active Duty, Reserve, or a Veteran, it prices below conventional and charges no mortgage insurance — and the funding fee is waived entirely with any VA disability rating. It is almost always the cheapest zero-down option, and it is worth about $49K more house than a credit-union 100% loan here.