Real estate prices in Skellingthorpe are influenced by several key factors. The proximity to Lincoln, which offers greater employment opportunities and amenities, tends to elevate property values. Additionally, the overall demand for housing in the area plays a significant role; as more people seek to relocate to quieter, suburban settings, competition for homes increases. Local schooling options can also affect prices; properties near well-regarded primary and secondary schools often attract families willing to pay a premium. Infrastructure developments, such as improvements to transport links or the establishment of new retail centers, can further drive up property values as accessibility and convenience improve. Finally, local economic conditions, including unemployment rates and average household incomes, significantly shape buyer purchasing power and, consequently, real estate prices.