Is Lincoln County, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lincoln County is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Lincoln County was a Buyer's Market.

Key Takeaway

Lincoln County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Lincoln County, CO

How much do homes in Lincoln County, CO cost?

Median Sold Price

$175,000

$122/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$18,000(+11.5%)

Key Takeaway

Homes in Lincoln County have sold for 11.5% more than they did a month ago.

Summary: The median home sold price in Lincoln County was $175,000 in April 2024, up 11.5% from last month, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$175K
N/A
3 $157K$139.5K
-11.1%
4 --
N/A
5+ --
N/A

Summary: Lincoln County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 11.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Lincoln County, CO

How many homes are available in Lincoln County, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1218+50.0%

Summary: The Lincoln County real estate market had 18 homes for sale in April 2024, a 50.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 13
+200.0%
3 610
+66.7%
4 33
0.0%
5+ 11
0.0%

Summary: The Lincoln County 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 increased by 200%, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was 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 County, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Lincoln County in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Lincoln County, CO

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

Average Sale Time

Mar 2024Apr 2024CHANGE
175 Days38 Days-77.9%

Summary: Homes in Lincoln County had an average of 38 days on market in Apr 2024, down by 77.9% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lincoln County are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in Lincoln County; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 10 Days Ago

Newest Listings in Lincoln County, CO

Nearby Markets to Lincoln County, CO

What housing markets are near Lincoln County, CO?