Why Live in Lincolnway Village
Lincolnway Village in Cedar Rapids is a tranquil neighborhood established in the 1960s and 70s, located near Interstate 380. The area features wide streets, houses with sizeable setbacks and well-maintained lawns dotted with trees, giving it a suburban feel while being close to city amenities. Despite the proximity to railroad tracks and industrial areas, residents appreciate the accessibility to downtown Cedar Rapids, Eastern Iowa Airport and Mercy Medical Center, all within a 5-mile drive. Public transportation is available through Cedar Rapids Transit, which has several stops in the community. Drivers can fuel up at the Kum & Go gas station. Dining options in the area include JW's Pub & Grub and Rancheros Mexican Grill, with more extensive shopping and dining available in nearby Czech Village and downtown. Local attractions include the McGrath Amphitheater, which offers live entertainment, and NewBo City Market, with unique food and business start-ups. Within the neighborhood, Lincoln Way Park provides a playground, ball fields, and picnic areas, while the nearby Jones Park offers extensive recreational facilities. Additional outdoor activities can be found at Beverly Park Mountain Bike Trailhead and the Sac & Fox Trail. The neighborhood primarily consists of small ranch-style homes, making it a budget-friendly option for starter homes. The College Community School District serves the area, and schools feature open enrollment programs and various educational opportunities.
Frequently Asked Questions
Is Lincolnway Village a good place to live?
Lincolnway Village is a good place to live. Lincolnway Village is considered very car-dependent and somewhat bikeable with minimal transit options. Lincolnway Village has 2 parks for recreational activities. It is somewhat dense in population with 6.2 people per acre and a median age of 28. The average household income is $106,232 which is below the national average. College graduates make up 34.1% of residents. A majority of residents in Lincolnway Village are renters, with 50.7% of residents renting and 49.3% of residents owning their home. A
local real estate agent serving Lincolnway Village can help you decide if this neighborhood is the right one for you. Learn more on our
Lincolnway Village neighborhood guide.
Is Lincolnway Village, IA a safe neighborhood?
Lincolnway Village, IA is less safe than the average neighborhood in the United States. It received a crime score of 6 out of 10.
How much do you need to make to afford a house in Lincolnway Village?
The median home price in Lincolnway Village is $267,450. If you put a 20% down payment of $53,500 and had a 30-year fixed mortgage with an interest rate of 6.21%, your estimated principal and interest payment would be $1,310 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $56K a year to afford the median home price in Lincolnway Village. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Lincolnway Village is $106K.
What are the best public schools in Lincolnway Village?
The best public schools that serve Lincolnway Village are:
What are the most popular zip codes in Lincolnway Village, Cedar Rapids, IA?
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Home Trends in Lincolnway Village, IA
On average, homes in Lincolnway Village, Cedar Rapids sell after 27 days on the market compared to the national average of 53 days. The median sale price for homes in Lincolnway Village, Cedar Rapids over the last 12 months is $290,000, up 52% from the median home sale price over the previous 12 months.
Median Sale Price
$290,000
Median Single Family Sale Price
$290,000
Median 2 Bedroom Sale Price
$92,450
Average Price Per Sq Ft
$156
Number of Homes for Sale
5
Last 12 months Home Sales
32
Median List Price
$267,450
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
52%