Is Lincoln, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lincoln is a seller's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Lincoln was a Neutral Market.

Key Takeaway

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

Housing Prices in Lincoln, MA

How much do homes in Lincoln, MA cost?

Median Sold Price

$1,265,500

$419/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$209,500(-14.2%)

Key Takeaway

Homes in Lincoln have sold for 14.2% less than they did a year ago.

Summary: The median home sold price in Lincoln was $1,265,500 in February 2024, down 14.2% from last year, and the median price per square foot was $419.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $685K$540.8K
-21.1%
3 $880K$905K
+2.8%
4 $1.6M$1.3M
-18.5%
5+ $2.6M$1.9M
-27.5%

Summary: Lincoln housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21.1%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 18.5%, and 5+ bedroom homes decreased by 27.5%.

Median Sold Price Compared To Nearby Cities

Waltham
+10.1%
Lexington
+4.8%
Concord
+2.5%
Lincoln
-14.2%

Housing Supply in Lincoln, MA

How many homes are available in Lincoln, MA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
106-40.0%

Summary: The Lincoln real estate market had 6 homes for sale in February 2024, a 40.0% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 42
-50.0%
4 01
+100.0%
5+ 31
-66.7%

Summary: The Lincoln housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lincoln, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Lincoln in February 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Lincoln, MA

How long does it take to sell a home in Lincoln, MA?

Average Sale Time

Feb 2023Feb 2024CHANGE
79 Days56 Days-29.1%

Summary: Homes in Lincoln had an average of 56 days on market in Feb 2024, down by 29.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 2 homes were sold in Lincoln; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 28 Days Ago

Newest Listings in Lincoln, MA

Nearby Markets to Lincoln, MA

What housing markets are near Lincoln, MA?