Is Lincoln Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Lincoln Township has remained a Seller's Market.
Housing Prices in Lincoln Township, IN
How much do homes in Lincoln Township, IN cost?
Median Sold Price
$315,000
$159/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 $315,000 in March 2024, up 2.7% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $276.4K | N/A |
2 Bedrooms | $216K | $257.5K | +19.2% |
3 Bedrooms | $281K | $290K | +3.2% |
4 Bedrooms | $375K | $360K | -4.0% |
5+ Bedrooms | $423K | $457.4K | +8.1% |
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 19.2%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 8.1%.
Median Sold Price Compared To Nearby Cities
Brownsburg | $309.3K | $354.9K | +14.7% |
Brown Township | $390K | $413.7K | +6.1% |
Lincoln Township | $306.7K | $315K | +2.7% |
Washington Township | $315.4K | $320.2K | +1.5% |
Housing Supply in Lincoln Township, IN
How many homes are available in Lincoln Township, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
93 | 81 | -12.9% |
Summary: The Lincoln Township real estate market had 81 homes for sale in March 2024, a 12.9% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 14 | 14 | 0.0% |
3 Bedrooms | 52 | 38 | -26.9% |
4 Bedrooms | 15 | 17 | +13.3% |
5+ Bedrooms | 11 | 11 | 0.0% |
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 remained the same, 3 bedroom homes decreased by 26.9%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
30 | 26 | -13.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Lincoln Township in March 2024, down by 13.3% month-over-month. Of the 26 sold homes, 35% were sold under asking, 38% were sold at asking, and 27% were sold over asking.
Days on Market for Lincoln Township, IN
How long does it take to sell a home in Lincoln Township, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
28 Days | 37 Days | +32.3% |
Summary: Homes in Lincoln Township had an average of 37 days on market in Mar 2024, up by 32.3% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 26 homes were sold in Lincoln Township; 73% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.