Is Lincoln Meadows, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Lincoln Meadows has remained a Seller's Market.
Housing Prices in Lincoln Meadows, IL
How much do homes in Lincoln Meadows, IL cost?
Median Sold Price
$377,000
$197/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Lincoln Meadows was $377,000 in April 2024, down 6.9% from last month, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $349.9K | $377K | +7.7% |
4 Bedrooms | $404.9K | - | N/A |
5+ Bedrooms | $590K | - | N/A |
Summary: Lincoln Meadows 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 increased by 7.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Lincoln Meadows, IL
How many homes are available in Lincoln Meadows, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Summary: The Lincoln Meadows real estate market had 2 homes for sale in April 2024, a 50.0% decrease 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 | 2 | 2 | 0.0% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Lincoln Meadows 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 remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Lincoln Meadows in April 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lincoln Meadows, IL
How long does it take to sell a home in Lincoln Meadows, IL?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 Days | 6 Days | -76.9% |
Summary: Homes in Lincoln Meadows had an average of 6 days on market in Apr 2024, down by 76.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Lincoln Meadows; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.