Lincoln Homes under $400,000

Welcome to Lincoln, Nebraska—a vibrant city that beautifully blends rich history with modern living. Nestled in Lancaster County, Lincoln is not just the state capital; it’s a thriving hub of culture, education, and community spirit. Home to the University of Nebraska, the city boasts a youthful energy and an array of educational opportunities, making it an ideal place for families, students, and professionals alike.

Lincoln is renowned for its lush parks, engaging art scene, and diverse culinary offerings. From the picturesque Sunken Gardens to the lively Haymarket District, there’s always something to explore. The city hosts numerous festivals throughout the year, showcasing local talent and bringing the community together in celebration.

For those seeking a home in Lincoln, you’ll be pleased to discover a range of options available under $400,000. Whether you’re looking for a charming historic bungalow or a modern townhouse, Lincoln offers a variety of affordable housing that caters to different lifestyles and preferences. The real estate market here is both accessible and diverse, making it easier for first-time homebuyers and growing families to find their perfect abode.

With its friendly neighborhoods, excellent schools, and strong sense of community, Lincoln is not just a place to live; it’s a place to thrive. Come and explore the possibilities of calling this remarkable city home, where you can enjoy a high quality of life without breaking the bank. Discover your dream home in Lincoln today!

Newest Lincoln Homes under $400,000

$110,000

2 Beds ⋅ 1 Baths ⋅ 22628605 MLS

Welcome to the Enterprise Condo Building! This 55+ community has so much to offer its owners. Maintenance-free living with secured entry. This 2 bed, 1 bath condo is ready for you. The large living room opens to a balcony with great sunset views. A large kitchen with plenty of storage. New windows in both bedrooms & newer sliding glass door. Water heater new in 2023. This unit, C4, is right across the hall from coin-operated laundry & the new elevator! With a detached garage as well! Residents have access to lounge/kitchen area, exercise room and common areas. Unit also comes with a storage unit. HOA takes care of common area maintenance, exterior maintenance, snow removal, garbage service, water service, building insurance, management & lawn care. Community room available for larger gatherings. One occupant must be 55+. Located just off North 27th Street, this condo offers easy access to shopping, restaurants and I-80. Schedule your private showing today.

5801 Enterprise Drive Unit C4, Lincoln

Listing courtesy of Keller Williams Lincoln.

$249,900

4 Beds ⋅ 3 Baths ⋅ 22628568 MLS

You’ll be surprised by how much space this home has to offer! Completely updated throughout with 4 bedrooms plus a non-conforming room and 3 bathrooms. The main floor features 2 bedrooms and 2 full bathrooms, new vinyl plank flooring, fresh paint, updated fixtures, and a remodeled kitchen with new cabinets, countertops, and backsplash. Downstairs you’ll find a finished basement with an egress bedroom, 3/4 bath, and additional living space, while the finished loft provides the 4th bedroom. Out back, the large detached garage/workshop offers tons of room for vehicles, storage, projects, or hobbies. A lot of house, a great setup, and all the work is already done!

710 S 30th Street, Lincoln

Listing courtesy of SimpliCity Real Estate.

$385,000

4 Beds ⋅ 3 Baths ⋅ 22628567 MLS

Zero-entry Edenton townhome backing to beautiful commons! This tastefully updated and well-maintained home offers 4 bedrooms and 3 bathrooms, with newer flooring, fresh paint, and a new HVAC system in 2026. The great room features tall ceilings, a fireplace, and large windows showcasing the peaceful commons setting. Enjoy those same views from the balcony, covered patio, and open walkout basement. Additional highlights include first-floor laundry and a generous 21' x 13'6" storage room. HOA provides easy living with lawn care, snow removal, garbage, and recycling included.

5618 Barrington Park Drive, Lincoln

Listing courtesy of HOME Real Estate.

$349,900

3 Beds ⋅ 3 Baths ⋅ 22628561 MLS

Tucked away on a quiet cul-de-sac, 1123 Rainy River Bay offers the space and layout that make everyday living easy. The bright main floor flows from the kitchen and informal dining area into the living room, creating a comfortable space for both relaxing and entertaining. Upstairs, you’ll find three bedrooms, including a spacious primary suite with a private bath and walk-in closet, plus the convenience of second-floor laundry. The finished basement adds even more living space along with a bonus room and plenty of storage. Outside, enjoy a fully fenced backyard with privacy fencing, while shopping, restaurants, and schools are all just minutes away. Come see how easily this home could fit your next chapter.

1123 Rainy River Bay, Lincoln

Listing courtesy of REMAX Concepts.

$380,000

3 Beds ⋅ 3 Baths ⋅ 22628545 MLS

Welcome to 1871 Kennedy Dr! This move-in ready split-entry home offers 3 bedrooms, 3 bathrooms, and a functional layout with plenty of space to enjoy. The main level features an open-concept living, dining, and kitchen area with access to the deck overlooking the large, fully fenced backyard. Upstairs, you'll find the spacious primary bedroom with a private ensuite bathroom, along with two additional bedrooms and a full bathroom. The lower level offers a large family room perfect for relaxing or entertaining, plus a convenient laundry room and additional bathroom. Completing the home is a spacious 3-stall garage with plenty of room for vehicles, storage, and more. With its comfortable layout, great outdoor space, and move-in ready condition, this home is ready for its next owners!

1871 Kennedy Drive, Lincoln

Listing courtesy of Capitol Realty.

$209,997

3 Beds ⋅ 1 Baths ⋅ 22628542 MLS

Welcome to this charming and recently updated 3-bedroom, 1-bath home in a convenient Lincoln location! Offering fresh updates throughout, this move-in-ready home also features a huge bonus room that can easily serve as a fourth bedroom, spacious family room, home office, or playroom to fit your needs. Outside, you'll find a detached 2-stall garage with plenty of space for vehicles, storage, or hobbies. Located directly across the street from an elementary school, this home provides exceptional convenience for families. Whether you're a first-time homebuyer, growing family, or investor, this versatile property is one you won't want to miss. Schedule your private showing today!

3636 S 33RD Street, Lincoln

Listing courtesy of SimpliCity Real Estate.

$284,900

3 Beds ⋅ 2 Baths ⋅ 22628538 MLS

OPEN HOUSE SUN, 10/4 from 12:30 - 2:30. You will fall in love with this Craftsman-style, well-maintained home. From the beautiful street appeal to the covered front porch, where you will find peace and relaxation. Gorgeous woodwork throughout, including trim, cabinets, and flooring. Take note of the French glass doors separating the living space. They are a piece of art!!! Nice-sized beds 1 & 2 with walk-in closets. Optional bed 3 on the main floor, no closet, now used as an office with a separate exit to the back patio. Current hot tub does not convey. A gorgeous backyard with a full privacy fence gives you extra relaxation after a long day. A 2-car detached garage gives additional storage. An unfinished lower level has plenty of options to add finished square feet to this already amazing property. Washer/Dryer & Refrigerator convey. Don't miss the pull-out kitchen pantry cabinet. Furnace 2021, A/C 2022, Roof under 10 years old.

1625 Burr Street, Lincoln

Listing courtesy of BHHS Ambassador Real Estate.

$384,900

4 Beds ⋅ 3 Baths ⋅ 22628532 MLS

Welcome to a truly one-of-a-kind home filled with character, impressive living spaces, and a backyard you have to see!Offering 2,200 square feet with four spacious bedrooms and three bathrooms, this home features a welcoming covered front porch, soaring cathedral ceilings, oak flooring, cozy fireplaces, beautiful oak window seats, and unique architectural details throughout. The spacious primary suite includes a private bathroom with a tiled whirlpool tub, cathedral ceiling, and skylight.The kitchen offers raised-panel oak cabinetry, crown molding, and a partial granite backsplash—but the real showstopper is outside! The oasis-inspired backyard was made for entertaining and includes an outdoor kitchen, firepit, contemporary LED lighting, stone and granite accents, zero-chemical above-ground pool, and storage shed.The garage is finished with a sealed epoxy floor- BONUS! This home is anything but ordinary—come experience it all!

2822 O'Shea Drive, Lincoln

Listing courtesy of Nebraska Realty.

$209,900

2 Beds ⋅ 2 Baths ⋅ 22628529 MLS

This end-unit townhome has a great layout, a ton of usable space, and best of all — no HOA. The main level offers 2 bedrooms, a full bath, fresh carpet, a spacious living area, and a kitchen with plenty of cabinet and counter space. The vaulted ceiling, oversized windows, and exposed brick wall give the home some real character without trying too hard. Downstairs adds even more finished space with a .75 bath and a non-conforming room that could easily be used as an office, gym, guest space, or whatever fits your needs. Outside, you’ve got a covered carport, mature trees, and a little extra breathing room from being an end unit. Clean, move-in ready, plenty of space, and no HOA telling you what to do. Hard to beat that combo. Set up your showing today!

4915 W Mcguire Road, Lincoln

Listing courtesy of Keller Williams Lincoln.

$280,000

3 Beds ⋅ 3 Baths ⋅ 22628513 MLS

Step into the charm of an older home w/all the comfort of a completely remodeled home. This beautiful updated 3-BR, 2.5 BA home offers thoughtful improvements throughout while maintaining the warmth & comfort of an older home. The main lvl features brand new LVP flooring, a spacious living rm, dining rm, & a cozy sitting rm just off the dining area, complete w/a new elec. fireplace. Its the perfect spot to relax or entertain. The completely remodeled kitchen boasts new cabinetry, SS appliances, & a convenient breakfast bar. Upstairs you will find a private primary suite encompassing the entire upper lvl, offering a relaxing retreat & its own half bath. The fully finished bsmt adds even more living space space including a legal BR & BA, plus a lrg bonus rm that could serve as a family rm, office, playrm or addt'l entertaining space. New carpet throughout the bsmt adds warmth & comfort. Additional updates include all new windows, new flooring throughout, & numerous modern improvements.

2810 S 11th Street, Lincoln

Listing courtesy of Nebraska Realty.

$214,900

2 Beds ⋅ 1 Baths ⋅ 22628506 MLS

OPEN HOUSE SATURDAY & SUNDAY 1:00-2:00. Welcome to this charming 2 bed, plus 1 ranch home! Enter into beautiful living room with bright light and hardwood floors! The first level has hardwood floors in both of the bedrooms as well as the living room! The primary bedroom is large and there is a full bath on the main level with glass brick that adds light into the home! The kitchen is a cooks dream with a large sink as well as a lazy susan that provides easy access to spices as well as other cooking ingredients! The dining room is bright and cheery and perfect for morning coffee! There is a deck that has a shade tree, which is perfect for relaxing on an afternoon. Lower level has a family room with fireplace as well as a bonus non-conforming bedroom. There's a large storage room as well as an office! The one car detached garage has a handsome garage door! With opener! This home is close to shopping and restaurants!

5941 Gillan Road, Lincoln

Listing courtesy of Nebraska Realty.

$250,000

3 Beds ⋅ 2 Baths ⋅ 22628507 MLS

BEAUTIFUL! Welcome to this beautifully updated home! Offering 1200 SQ FT, this 3 bed 2 bath house is a perfect fit to call home. The functional layout offers plenty of space for everyday living and entertaining. Conveniently located with easy access to schools, shopping, dining, and other amenities. With updates already completed, this house is ready for its next owner. Schedule your showing today! AMA. Seller is a licensed real estate agent.

1431 N 54 Street, Lincoln

Listing courtesy of Meraki Realty Group.

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