browse list of realtors working in Lincoln County
Lincoln county has 2 usdaproperties.com realtors ready to help with your search!
August 2024 Featured Agents | |
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Chelsea Link | from Berkshire Hathaway HomeServices Midwest Realty |
Kelly Stene | from Keller Williams Realty Sioux Falls |
There are 802 USDA backed residential loans in Lincoln county with an average loan balance of $141,840. Over 75% of the loans helped first time home buyers. Borrowers were an average age of 34 years old. The typical appraised home value was around $142,922. On average the rural home size purchased with this loan was approximately 1,166 SqFt. Alternate income limits exist to determine loan eligibility in Lincoln county. For a household of upto 4 people the income limit is $99,100. For a household of between 5 and 8 people the income limit increases to $130,800.
The size of Lincoln County is roughly 1,498 square kilometers. USDA defined regions of rural loan ineligibility in Lincoln cover 64 square kilometers of the county. Approximately 4.3% of Lincoln County is ineligible for traditional USDA home loans. The influence score for Lincoln County is 2. Look below for the interactive county level map illustration below for more details.
Start your search for USDA loan eligible properties in the cities of Lincoln County, SD
* cities most likely to have USDA loan eligible properties for sale.
*Canton • *Fairview • *Harrisburg • *Hudson • *Lennox • Moe • Naomi • Norway Center • *Shindler • *Tea • *Worthing
A USDA loan is a mortgage option available to eligible homebuyers that is sponsored by the United States Department of Agriculture to promote homeownership in rural communities. USDA Loans, sometimes called "RD Loans," offer 100% financing options on eligible rural properties. USDAProperties can help you find USDA properties in Lincoln County.
Lincoln County, located in the southeastern part of South Dakota, was established on January 8, 1862, and organized on May 30, 1867. Interestingly, it was named after President Abraham Lincoln, the 16th President of the United States. The county covers approximately 577 square miles and is bordered by Union County to the east, Clay County to the south, Turner County to the west, and Minnehaha County to the north. Its largest city and county seat is Canton.
Throughout the 19th and early 20th centuries, Lincoln County remained primarily an agricultural region, with numerous small family-run farms dotting the landscape. The area saw significant growth after the construction of the Great Northern Railway and the Chicago, Milwaukee, St. Paul, and Pacific Railroad, which created a strong transportation network for agricultural products and passenger travel.
As the 20th century progressed, Lincoln County experienced development and expansion, becoming more industrialized and urbanized. Highway systems and urban infrastructure were improved, attracting industries, businesses, and residents from other parts of the state.
Although much of Lincoln County still retains its agricultural heritage, it has become one of the fastest-growing counties in South Dakota due to its location and proximity to cities like Sioux Falls, South Dakota's largest city.
Fun Fact: The Newton Hills State Park, located in Lincoln County, is a popular recreation destination for hiking, mountain biking, horseback riding, and cross-country skiing. The park offers a diverse landscape, scenic views, and is known for its unique geology, which was formed by ancient glaciers.