Is Lincoln Township, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Lincoln Township was a Seller's Market.
Housing Prices in Lincoln Township, AR
How much do homes in Lincoln Township, AR cost?
Median Sold Price
$231,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lincoln Township was $231,000 in April 2024, up 15.5% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $80K | - | N/A |
2 Bedrooms | $84.2K | $134.5K | +59.7% |
3 Bedrooms | $210K | $233.5K | +11.2% |
4 Bedrooms | $290K | $270K | -6.9% |
5+ Bedrooms | - | $605K | N/A |
Summary: Lincoln Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 59.7%, 3 bedroom homes increased by 11.2%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Lincoln Township | $200K | $231K | +15.5% |
Lincoln | $200K | $231K | +15.5% |
Housing Supply in Lincoln Township, AR
How many homes are available in Lincoln Township, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 30 | +3.4% |
Summary: The Lincoln Township real estate market had 30 homes for sale in April 2024, a 3.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 16 | 18 | +12.5% |
4 Bedrooms | 7 | 6 | -14.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Lincoln Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 5 | -37.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Lincoln Township in April 2024, down by 37.5% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Lincoln Township, AR
How long does it take to sell a home in Lincoln Township, AR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
145 Days | 105 Days | -27.5% |
Summary: Homes in Lincoln Township had an average of 105 days on market in Apr 2024, down by 27.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Lincoln Township; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.