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 December 2021

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.

How much do homes in Lincoln Township, IN cost?

Median Sold Price

$305,061

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$42,311(+16.1%)

Key Takeaway

Homes in Lincoln Township have sold for 16.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $107.5K-
N/A
2 $200K$215K
+7.5%
3 $237.5K$280K
+17.9%
4 $312K$370K
+18.6%
5+ $370K$449.5K
+21.5%

Median Sold Price Compared To Nearby Cities

Brown Township
+24.1%
Lincoln Township
+16.1%
Brownsburg
+15.9%
Washington Township
+12.0%

How many homes are available in Lincoln Township, IN?

Number of Homes For Sale

Nov 2022Dec 2022%
11980-32.8%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 128
-33.3%
3 5537
-32.7%
4 4831
-35.4%
5+ 44
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
5233-36.5%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lincoln Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
8 Days20 Days+136.7%

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was 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.

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

About Lincoln Township, IN

Number of homes for sale in Lincoln Township, IN real estate market have reached 80. The inventory of homes for sale in Lincoln Township, IN between November 2022 and December 2022 decreased by 32.8%. In December 2022 median list price was $305,061 and the average listing age was 20 days. Between November 2022 and December 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 7.5%, prices of 3 bedrooms properties increased by 17.9%, 4 bedrooms properties prices increased by 18.6%, 5 bedrooms properties prices increased by 21.5%. This housing market inventory have changed: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory decreased by 33.3%, 3 bedrooms homes inventory decreased by 32.7%, the quantity of 4 bedrooms homes went down by 35.4%, volume of 5 bedrooms homes stayed the same. In December 2022 more than 5 listings in Lincoln Township, IN were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 22 were sold below.

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