Is Lincoln Township, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lincoln Township is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Lincoln Township has remained a Seller's Market.

Key Takeaway

Lincoln Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

+$8,203(+2.7%)

Key Takeaway

Homes in Lincoln Township have sold for 2.7% more than they did a year ago.

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

# BEDSMar 2023Mar 2024CHANGE
1 -$276.4K
N/A
2 $216K$257.5K
+19.2%
3 $281K$290K
+3.2%
4 $375K$360K
-4.0%
5+ $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
+14.7%
Brown Township
+6.1%
Lincoln Township
+2.7%
Washington Township
+1.5%

Housing Supply in Lincoln Township, IN

How many homes are available in Lincoln Township, IN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
9381-12.9%

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

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 1414
0.0%
3 5238
-26.9%
4 1517
+13.3%
5+ 1111
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 2024Mar 2024CHANGE
3026-13.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lincoln Township, expect to pay close to the asking price. 38.5% of homes here sold near the asking price last month.

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 2023Mar 2024CHANGE
28 Days37 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Lincoln Township, IN

Nearby Markets to Lincoln Township, IN

What housing markets are near Lincoln Township, IN?