Is Lincoln County, MT 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 County was a Seller's Market.
Housing Prices in Lincoln County, MT
How much do homes in Lincoln County, MT cost?
Median Sold Price
$362,500
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Lincoln County was $362,500 in March 2024, down 15.7% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $277.5K | $230K | -17.1% |
2 Bedrooms | $308.6K | $300K | -2.8% |
3 Bedrooms | $466K | $488K | +4.7% |
4 Bedrooms | $500K | $437.5K | -12.5% |
5+ Bedrooms | $532.5K | $710K | +33.3% |
Summary: Lincoln County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.1%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 33.3%.
Median Sold Price Compared To Nearby Counties
Sanders County | $417.5K | $459K | +9.9% |
Flathead County | $627.3K | $629.4K | 0.3% |
Lincoln County | $430K | $362.5K | -15.7% |
Housing Supply in Lincoln County, MT
How many homes are available in Lincoln County, MT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
147 | 164 | +11.6% |
Summary: The Lincoln County real estate market had 164 homes for sale in March 2024, a 11.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 16 | +23.1% |
2 Bedrooms | 38 | 41 | +7.9% |
3 Bedrooms | 67 | 70 | +4.5% |
4 Bedrooms | 14 | 20 | +42.9% |
5+ Bedrooms | 15 | 17 | +13.3% |
Summary: The Lincoln County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 23.1%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 13.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 16 | +6.7% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Lincoln County in March 2024, up by 6.7% month-over-month. Of the 16 sold homes, 81% were sold under asking, 19% were sold at asking, and 0% were sold over asking.
Days on Market for Lincoln County, MT
How long does it take to sell a home in Lincoln County, MT?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
132 Days | 187 Days | +41.2% |
Summary: Homes in Lincoln County had an average of 187 days on market in Mar 2024, up by 41.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in Lincoln County; 19% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 69% of homes were sold over 90 days.