Is Lincoln Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Lincoln Township was a Neutral Market.
Housing Prices in Lincoln Township, IA
How much do homes in Lincoln Township, IA cost?
Median Sold Price
$462,182
$279/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Lincoln Township was $462,182 in March 2024, up 5.5% from last year, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $229.9K | $385K | +67.4% |
3 Bedrooms | $403.1K | $413.8K | +2.7% |
4 Bedrooms | $447.9K | $460K | +2.7% |
5+ Bedrooms | $742.2K | $760K | +2.4% |
Summary: Lincoln Township 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 67.4%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 2.4%.
Median Sold Price Compared To Nearby Cities
Lincoln Township | $437.9K | $462.1K | +5.5% |
Slater | $325K | $275K | -15.4% |
Housing Supply in Lincoln Township, IA
How many homes are available in Lincoln Township, IA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 21 | -12.5% |
Summary: The Lincoln Township real estate market had 21 homes for sale in March 2024, a 12.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 5 | 5 | 0.0% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The Lincoln Township 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 decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Lincoln Township in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Lincoln Township, IA
How long does it take to sell a home in Lincoln Township, IA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
40 Days | 72 Days | +76.5% |
Summary: Homes in Lincoln Township had an average of 72 days on market in Mar 2024, up by 76.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Lincoln Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.