Lincoln, Montana.
Typical home $366,150 (+4.5% in a year). Helena, MT metro.
to buy the typical home at today's mortgage rate — +$1,194 (+164%) since Jan 2020.
- 1 year
- Up $15,900 +5%
- $350,250$366,150 since Sep 2025
- 5 years
- Up $86,680 +31%
- $279,470$366,150 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Lincoln$1,922
- Montana$2,453
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in Lincoln, MT rose 4.5% over the past year — faster than the nation's +1.2%.
Living in Lincoln, Lewis and Clark County, Montana
Lincoln, in Lewis and Clark County, had 998 people in the 2020 census. 87% of its homes are lived in by their owners and 13% are rented. Unemployment in Lewis and Clark County was 2.8% in August 2026, and the county had 0.8% fewer jobs in 2025 than the year before. The most people in Lewis and Clark County work in schools and health care, then government.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Lincoln is a small community where residents tend to be older than in most places, and nearly everyone who lives here owns their home. Typical home values sit well above what the town's modest size might suggest. Winters are cold, with December the coldest month and highs hovering around freezing, while summers are warm, with July the warmest. Precipitation is moderate through the year, falling as both rain and melted snow.
Work. Residents work mostly in schools, hospitals and social care, followed by government, shops and professional and business services. Across Lewis and Clark County, some of the largest workplaces are St. Peters Hospital, the Montana Department of Justice and the Veterans Health Administration. Unemployment in the county is low, though the county has a few fewer jobs than it did a year earlier.
Things to do. Keep Cool Creek, a river in or beside town, is the closest water to hand. A longer drive away are the Dearborn River and Heart Lake for time by the water, and the Scapegoat Wilderness, a protected area of wild backcountry. In winter, Great Divide Snowsports is a ski area that is also a longer drive from town.
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- 474households
- 37%of adults have a degree
- 6%below the poverty line
What people in Lewis and Clark County work in
Employed residents by industry, from the Census survey. Lewis and Clark County had 39,657 jobs in 2025, 0.8% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 30° and lows near 13°; warmest in July, with highs near 81° and lows near 44°. About 19 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Lincoln Rs weather station, under a mile away (NOAA).
Largest workplaces in Lewis and Clark County
- St. Peters HospitalGeneral hospital1,400FTE
- Montana Department of JusticePublic safety bureaus and statistics centers, government870
- Veterans Health AdministrationFederal government · Department of Veterans Affairs774
- Helena Elem SchoolsSchool district603FTE
- Dick Anderson ConstructionAddition, alteration and renovation for-sale builders, commercial and institutional building466
- WalmartWarehouse clubs and supercenters418
- Montana Legislative BranchLegislative bodies334
- Rocky Mountain ContractorsUtility line, construction285
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 52 workplaces with 20 or more staff, 6,162 people in all across the county; Lincoln has one of its own. Hospitals come from their Medicare cost reports (CMS, 2023), federal offices from OPM's federal workforce data (2026) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherVery high
- Cold wavesVery high
- WildfireRelatively high
- Inland floodingRelatively high
- LandslidesRelatively moderate
- EarthquakesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Lincoln’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Lewis and Clark County and the Helena, MT metro.
Lincoln home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Lincoln$366,150
- Montana$467,275
- United States$366,157
Sellers are cutting prices on about 1 in 5 Lincoln listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Lincoln20.54%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Lincoln23
Zip codes with a Lincoln address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Lincoln — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.