Is Lincoln Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Lincoln Township was a Seller's Market.
Housing Prices in Lincoln Township, MO
How much do homes in Lincoln Township, MO cost?
Median Sold Price
$225,750
$1,210/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 $225,750 in March 2024, up 2.1% from last year, and the median price per square foot was $1,210.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $308.5K | - | N/A |
2 Bedrooms | $100K | $120K | +20.0% |
3 Bedrooms | $213K | $222K | +4.2% |
4 Bedrooms | $360K | $245K | -31.9% |
5+ Bedrooms | $497.5K | $467.4K | -6.0% |
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 20%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 31.9%, and 5+ bedroom homes decreased by 6%.
Median Sold Price Compared To Nearby Cities
Rosedale Township | $275K | $304K | +10.5% |
Clever | $214.9K | $227.5K | +5.8% |
Union Chapel Township | $318.7K | $337K | +5.7% |
East Republic Township | $278K | $291K | +4.7% |
Lincoln Township | $221K | $225.7K | +2.1% |
Housing Supply in Lincoln Township, MO
How many homes are available in Lincoln Township, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
25 | 33 | +32.0% |
Summary: The Lincoln Township real estate market had 33 homes for sale in March 2024, a 32.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 16 | 16 | 0.0% |
4 Bedrooms | 2 | 7 | +250.0% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Lincoln Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 250%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 5 | -28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Lincoln Township in March 2024, down by 28.6% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Lincoln Township, MO
How long does it take to sell a home in Lincoln Township, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
20 Days | 28 Days | +35.4% |
Summary: Homes in Lincoln Township had an average of 28 days on market in Mar 2024, up by 35.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Lincoln Township; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.