Is Lincoln, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lincoln has remained a Seller's Market.
Housing Prices in Lincoln, CA
How much do homes in Lincoln, CA cost?
Median Sold Price
$435,000
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lincoln was $435,000 in April 2024, up 3.6% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $336.5K | $391K | +16.2% |
3 Bedrooms | $397K | $419K | +5.5% |
4 Bedrooms | $460K | $459.9K | 0% |
5+ Bedrooms | $500K | $485K | -3.0% |
Summary: Lincoln 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 16.2%, 3 bedroom homes increased by 5.5%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 3%.
Median Sold Price Compared To Nearby Neighborhoods
Columbia | $422.5K | $457.5K | +8.3% |
Lincoln | $420K | $435K | +3.6% |
Challenger | $405K | $416K | +2.7% |
Tierra Bonita | $459K | $470K | +2.4% |
Housing Supply in Lincoln, CA
How many homes are available in Lincoln, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 11 | +37.5% |
Summary: The Lincoln real estate market had 11 homes for sale in April 2024, a 37.5% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 4 | 6 | +50.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Lincoln 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Lincoln in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Lincoln, CA
How long does it take to sell a home in Lincoln, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 63 Days | +128.5% |
Summary: Homes in Lincoln had an average of 63 days on market in Apr 2024, up by 128.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Lincoln; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.