Is Lincoln, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lincoln is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Lincoln has remained a Seller's Market.

Key Takeaway

Lincoln is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Lincoln, AR

How much do homes in Lincoln, AR cost?

Median Sold Price

$217,500

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$17,500(+8.8%)

Key Takeaway

Homes in Lincoln have sold for 8.8% more than they did a year ago.

Summary: The median home sold price in Lincoln was $217,500 in March 2024, up 8.8% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $80K-
N/A
2 $98.5K$123.7K
+25.6%
3 $200K$229.7K
+14.9%
4 $240K$279K
+16.3%
5+ -$605K
N/A

Summary: Lincoln housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.6%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lincoln
+8.8%
Lincoln Township
+8.8%

Housing Supply in Lincoln, AR

How many homes are available in Lincoln, AR?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
29290.0%

Summary: The Lincoln real estate market had 29 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 1916
-15.8%
4 67
+16.7%
5+ 11
0.0%

Summary: The Lincoln housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lincoln, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Lincoln in March 2024, up by 100.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.

Days on Market for Lincoln, AR

How long does it take to sell a home in Lincoln, AR?

Average Sale Time

Mar 2023Mar 2024CHANGE
99 Days90 Days-8.8%

Summary: Homes in Lincoln had an average of 90 days on market in Mar 2024, down by 8.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Lincoln has remained consistent over time.

Summary: During March 2024, 8 homes were sold in Lincoln; 0% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in Lincoln, AR

Nearby Markets to Lincoln, AR

What housing markets are near Lincoln, AR?